Horizon Lines, Inc. Declares Regular Dividend
23 October 2009 - 7:30AM
PR Newswire (US)
CHARLOTTE, N.C., Oct. 22 /PRNewswire-FirstCall/ -- Horizon Lines,
Inc. (NYSE:HRZ), today announced that its Board of Directors has
voted to declare a regular quarterly cash dividend of $0.11 per
share, payable on December 15, 2009, to stockholders of record on
December 1, 2009. The dividend was approved during the regularly
scheduled quarterly meeting of the Board of Directors, which was
held today. About Horizon Lines Horizon Lines, Inc. is the nation's
leading domestic ocean shipping and integrated logistics company
comprised of two primary operating subsidiaries. Horizon Lines,
LLC, owns or leases a fleet of 21 U.S.-flag containerships, one of
which is classified as held for sale, and operates five port
terminals linking the continental United States with Alaska,
Hawaii, Guam, Micronesia and Puerto Rico. Horizon Logistics, LLC,
offers customized logistics solutions to shippers from a suite of
transportation and distribution management services, information
technology developed by Horizon Services Group and intermodal
trucking and warehousing services provided by Sea-Logix. Horizon
Lines, Inc. is based in Charlotte, NC, and trades on the New York
Stock Exchange under the ticker symbol HRZ. DATASOURCE: Horizon
Lines, Inc. CONTACT: Jim Storey, Director, Investor Relations &
Corporate Communications, +1-704-973-7107, Web Site:
http://www.horizonlines.com/
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