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KMG CHEMICALS DECLARES QUARTERLY CASH DIVIDEND
HOUSTON, TX – February 25,
2009 – KMG Chemicals, Inc. (NASDAQ: KMGB), a global provider
of specialty chemicals in carefully focused markets, today
announced that its Board of Directors declared a quarterly
cash dividend of $0.02 per common share. The dividend is
payable on March 27, 2009 to shareholders of record as of
March 10, 2009. As of February 24, 2009, there were
approximately 11.1 million common shares outstanding.
About KMG
KMG Chemicals, Inc., through its subsidiaries, produces and
distributes specialty chemicals to carefully focused
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.
Contacts
KMG Chemicals, Inc.
John V. Sobchak, 713-600-3814
Chief Financial Officer
JSobchak@kmgchemicals.com
www.kmgchemicals.com
or
Investor Relations Counsel:
The Equity Group Inc.
Melissa Dixon, 212-836-9613
MDixon@equityny.com
or
Linda Latman, 212-836-9609
LLatman@equityny.com
www.theequitygroup.com
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