FORT LEE, N.J., June 23 /PRNewswire-FirstCall/ -- Empire Resources, Inc. (OTC: ERSO), announced that its Board of Directors has declared a cash dividend of $0.025 per share. The dividend is payable on July 20, 2010 to stockholders of record at the close of business on July 6, 2010.
The Board of Directors intends to review its dividend policy on a quarterly basis and a determination by the Board of Directors will be made subject to profitability, free cash flow and the other requirements of the business.
Empire Resources, Inc., is a distributor of a wide range of metal products to customers in the transportation, automotive, housing, appliance and packaging industries in the United States, Canada, Australia, New Zealand and Europe.
Record date: July 6, 2010
Payment date: July 20, 2010
Dividend amount per share: $0.025
SOURCE Empire Resources, Inc.