Encore Wire Announces Cash Dividend
05 May 2023 - 6:05AM
Business Wire
Encore Wire Corporation (NASDAQ Global Select: WIRE) announced
today that the Company’s Board of Directors has declared a cash
dividend.
Daniel L. Jones, Chairman, President and Chief Executive Officer
of Encore Wire Corporation, said, “This two-cent per share dividend
will be paid on July 21, 2023 to stockholders of record at the
close of business on July 7, 2023. Any future quarterly dividends
will be paid subject to earnings and cash flow considerations. We
appreciate our stockholders’ commitment to the continued growth of
Encore Wire. We will continue to manage the Company for the
long-term and strive to protect our strong balance sheet.”
Encore Wire Corporation is a leading manufacturer of a broad
range of copper and aluminum electrical wire and cables, supplying
power generation and distribution solutions to meet our customers’
needs today and in the future. The Company focuses on maintaining a
low-cost of production while providing exceptional customer
service, quickly shipping complete orders coast-to-coast. Our
products are proudly made in America at our vertically-integrated,
single-site, Texas campus.
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Bret J. Eckert Executive Vice President Chief
Financial Officer 972-562-9473
Encore Wire (NASDAQ:WIRE)
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