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KMG Chemicals Declares Quarterly Cash
Dividend
FORTUNE
Small Business and The Houston Chronicle
Name KMG to Business Lists
HOUSTON--(BUSINESS
WIRE)--
KMG Chemicals, Inc. (NASDAQ: KMGB), a
global provider of specialty chemicals
in niche markets, today announced that
its Board of Directors declared a
quarterly cash dividend of $0.02 per
common share. The dividend is payable on
September 26, 2008 to shareholders of
record as of September 12, 2008. As of
August 19, 2008, there were
approximately 11.0 million common shares
outstanding.
Separately, the Company announced that
for the second consecutive year, it was
named to the FORTUNE Small Business’
“FSB 100” list of America’s
fastest-growing small public companies,
ranking #72. KMG was also #45 on The
Houston Chronicle’s “Chronicle 100,”
which ranks the top 100 leading
companies in Houston.
About KMG
KMG Chemicals, Inc., through its subsidiaries,
produces and distributes specialty chemicals to
niche markets. The Company grows by acquiring
and optimizing stable chemical product lines and
businesses with established production
processes. Its current operations are focused on
the wood treatment, electronic, and agricultural
chemical markets. For more information, visit
the Company's web site at
www.kmgchemicals.com.
The
information in this news release includes
certain forward-looking statements that are
based upon assumptions that in the future may
prove not to have been accurate and are subject
to significant risks and uncertainties,
including statements as to the future
performance of the company. Although the company
believes that the expectations reflected in its
forward-looking statements are reasonable, it
can give no assurance that such expectations or
any of its forward-looking statements will prove
to be correct. Factors that could cause results
to differ include, but are not limited to,
successful performance of internal plans,
product development acceptance, the impact of
competitive services and pricing and general
economic risks and uncertainties.
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