Roanoke Electric Steel Corporation Declares 185th Consecutive Quarterly Cash Dividend
31 Gennaio 2005 - 3:09PM
PR Newswire (US)
Roanoke Electric Steel Corporation Declares 185th Consecutive
Quarterly Cash Dividend ROANOKE, Va., Jan. 31
/PRNewswire-FirstCall/ -- Roanoke Electric Steel Corporation
(NASDAQ:RESC) today reported that its Board of Directors, at a
regular meeting held on January 28, 2005, declared the 185th
consecutive quarterly common stock cash dividend in the amount of
11 cents per share. The dividend is payable on February 25, 2005,
to shareholders of record as of the close of business on February
11, 2005. Roanoke Electric Steel Corporation has steel
manufacturing facilities in Roanoke, Virginia, and Huntington, West
Virginia, producing angles, rounds, flats, channels, beams, special
sections and billets, which are sold to steel service centers,
fabricators, original equipment manufacturers and other steel
producers. Four subsidiaries are involved in various steel-related
activities, consisting of scrap processing and bar joist, and truck
trailer beam fabrication. This release contains various
forward-looking statements which represent the Company's
expectations or beliefs concerning future events. In accordance
with the safe harbor provisions of the securities laws regarding
such statements, the Company notes that a variety of factors,
including economic and industry conditions, availability and prices
of utilities, supplies and raw materials, prices of steel products,
foreign and domestic competition, trade policies affecting imports
and exports, governmental regulations, interest rates, inflation,
labor relations, environmental concerns and compliance issues and
other maters, could cause actual results and experience to differ
materially from those expressed in the forward-looking statements.
DATASOURCE: Roanoke Electric Steel Corporation CONTACT: Mark G.
Meikle or William M. Watson, Jr. of Roanoke Electric Steel
Corporation, +1-540-342-1831 Web site: http://www.roanokesteel.com/
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