American Railcar Industries, Inc. Board of Directors Declares $0.25 Dividend
December 04 2012 - 6:01PM
American Railcar Industries, Inc. (ARI or the Company)
(Nasdaq:ARII) announced today that the Company will resume payment
of its quarterly dividend. The ARI Board of Directors declared a
cash dividend of $0.25 per share of common stock of the
Company. The dividend is payable on December 24, 2012, to
shareholders of record at the close of business on December 18,
2012.
About ARI
ARI is a leading North American designer and manufacturer of
hopper and tank railcars. ARI leases railcars manufactured by the
Company to certain markets. In addition, ARI repairs and
refurbishes railcars, provides fleet management services and
designs and manufactures certain railcar and industrial components.
ARI provides its railcar customers with integrated solutions
through a comprehensive set of high quality products and related
services
Forward Looking Statement Disclaimer
This press release contains statements relating to ARI's
expected financial performance and/or future business prospects,
events and plans that are "forward-looking statements" as defined
under the Private Securities Litigation Reform Act of 1995.
Forward-looking statements represent the Company's estimates and
assumptions only as of the date of this press release and are
subject to known and unknown risks and uncertainties that could
cause actual results to differ materially from the results
described in or anticipated by ARI's forward-looking
statements. The payment of future dividends, if any, and the
amount thereof, will be at the discretion of ARI's board of
directors and will depend upon the Company's operating results,
strategic plans, capital requirements, financial condition,
provisions of its borrowing arrangements, applicable law and other
factors the Company's board of directors considers relevant. Other
potential risks and uncertainties relating to the Company and its
business are described in the Company's filings with the Securities
and Exchange Commission. ARI expressly disclaims any duty to
provide updates to any forward-looking statements made in this
press release, whether as a result of new information, future
events or otherwise. More information about American Railcar
Industries, Inc. is available on its website at
www.americanrailcar.com.
CONTACT: Dale C. Davies
Michael Obertop
PHONE: 636.940.6000
American Railcar (NASDAQ:ARII)
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