Supreme Industries, Inc. Announces Quarterly Dividend
14 August 2017 - 10:35PM
Business Wire
Supreme Industries, Inc. (NYSE MKT: STS), a leading
manufacturer of specialized commercial vehicles including truck
bodies and specialty vehicles, today announced that its Board of
Directors has declared a quarterly cash dividend of three and a
half cents ($0.035) per share on its Class A and Class B common
stock. The dividend is payable on September 5, 2017 to holders of
record at the close of business on August 28, 2017.
Future cash dividend payments are subject to business
conditions, the Company's financial position, and requirements for
working capital, property, plant, and equipment expenditures and
other corporate purposes.
About Supreme Industries
Supreme Industries, Inc. (NYSE MKT: STS), is a nationwide
manufacturer of truck bodies and specialty vehicles produced to the
specifications of its customers. The Company’s transportation
equipment products are used by a wide variety of industrial,
commercial and law enforcement customers. News releases and other
information on the company are available online at:
www.supremecorp.com or
http://investor.supremecorp.com/IR_Contact?BzID=1482
Other than historical facts contained herein, the matters set
forth in this news release are "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act, as
amended, and reflect the view of management with respect to future
events. When used in this report, words such as "believe,"
"expect," "anticipate," "estimate," "intend," "plan," “should” and
similar expressions, as they relate to Supreme or its plans or
operations, identify forward-looking statements. Such
forward-looking statements are based on assumptions made by, and
information currently available to, management. Although management
believes that the expectations reflected in such forward-looking
statements are reasonable, it can give no assurance that the
expectations reflected in such forward-looking statements are
reasonable, and it can give no assurance that such expectations
will prove to be correct. Important factors that could cause actual
results to differ materially from such expectations include,
without limitation, an economic slowdown in the specialized vehicle
industry, limitations on the availability of chassis on which
Supreme’s product is dependent, availability of raw materials, raw
material cost increases, interest rate increases, a change in the
number of vehicles subject to a recall, changes in the costs of
implementing the recall, actions by NHTSA, including fines and/or
penalties, or limitations on the availability of materials used to
implement the recall. Additionally, backlogs may not be indicative
of future performance. Furthermore, Supreme can provide no
assurance that any raw material cost increases can be passed on to
its customers through implementation of price increases for
Supreme's products. The forward-looking statements contained herein
reflect the current view of management with respect to future
events and are subject to those factors and other risks,
uncertainties and assumptions relating to the operations, results
of operations, cash flows and financial position of Supreme.
Supreme assumes no obligation to update the forward-looking
statements or to update the reasons actual results could differ
from those contemplated by such forward-looking statements.
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version on businesswire.com: http://www.businesswire.com/news/home/20170814005947/en/
Supreme Investor RelationsMatthew J. Dennis, CFA,
574-228-4130
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