Providence and Worcester Railroad Company Announces Dividends
07 Febbraio 2013 - 9:01PM
Business Wire
Providence and Worcester Railroad Company (NASDAQ: “PWX”)
announced that, at its regular quarterly meeting on January 30,
2013, the Board of Directors of the Company declared a dividend of
$.04 per share on the outstanding Common Stock of the Company,
payable on February 27, 2013 to common shareholders of record on
February 13, 2013.
In addition, the Board of Directors declared a 10% noncumulative
annual dividend of $5.00 per share on the outstanding preferred
stock of the Company, payable on February 27, 2013 to preferred
shareholders of record on February 13, 2013.
The Company has decided to discontinue indefinitely the practice
of issuing press releases concerning dividend announcements
effective immediately. In the future, please consult Providence and
Worcester Railroad Company’s website, www.pwrr.com, for
announcements concerning dividends at the link titled “Company
Information Releases”.
This release contains “forward-looking statements” within the
meaning of section 21E of the Securities and Exchange Act of 1934,
as amended. These forward-looking statements represent the
Company’s present expectations or beliefs concerning future events.
The Company cautions that such statements are necessarily based on
certain assumptions which are subject to risks and uncertainties,
including, but not limited to, changes in general economic
condition, and changing competition which could cause actual
results to differ materially from those indicated herein. Further
information on these risk factors is included in the Company’s
filings with the Securities and Exchange Commission.
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