Stewart & Stevenson Announces Dividend
08 April 2006 - 2:20AM
PR Newswire (US)
HOUSTON, April 7 /PRNewswire-FirstCall/ -- Stewart & Stevenson
Services, Inc. (NYSE:SVC) announced today that its Board of
Directors declared a quarterly cash dividend of $.085 a share
payable on May 8, 2006 to shareholders of record on April 24, 2006.
Stewart & Stevenson Services, Inc., founded in 1902, is
primarily engaged in the design, manufacture and service of medium
and light tactical vehicles for the U.S. Army and others worldwide.
Stewart & Stevenson Services, Inc. is not affiliated with
Stewart & Stevenson LLC. For more information on Stewart &
Stevenson Services, Inc., visit http://www.ssss.com/ . This press
release contains forward-looking statements that are based on
management's current expectations, estimates, and projections.
These statements are not guarantees of future performance and
involve a number of risks, uncertainties and assumptions and are
made pursuant to the Safe Harbor Provisions of the Private
Securities Litigation Reform Act of 1995. Many factors, including
those discussed more fully elsewhere in this release and in the
Company's filings with the Securities and Exchange Commission,
particularly its latest annual report on Form 10-K, as well as
others, could cause results to differ materially from those stated.
These factors include, but are not limited to, risks of dependence
on government and failure to obtain new government contracts,
inherent risks of government contracts, risks of supply
interruptions, risks associated with Distributed Energy Solutions
business, risks of fixed-price contracts, risks as to rising steel
prices, risks as to cost controls, risks of general economic
conditions, risk of competition, risks relating to technology,
risks relating to personnel, risks of claims and litigation, risks
of product defects, risks as to foreign sales and global trade
matters, risks as to acquisitions and restructuring activities,
risks as to currency fluctuations and risks as to environmental and
safety matters, all as more specifically outlined in the Company's
latest annual report on Form 10-K. In addition, such
forward-looking statements could be affected by general industry
and market conditions and growth rates, general domestic and
international conditions including interest rates, inflation and
currency exchange rates and other future factors. Actual outcomes
and results may differ materially from what is expressed or
forecasted in such forward-looking statements. DATASOURCE: Stewart
& Stevenson Services, Inc. CONTACT: L. Scott Biar, CFO and
Treasurer of Stewart & Stevenson Services, Inc.,
+1-713-868-7700 Web site: http://www.ssss.com/
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