Empire Resources Declares Dividend for the Second Quarter of 2005
FORT LEE, N.J., June 21 -- Empire Resources, Inc. , announced that its Board of Directors has declared a regular cash dividend of $0.05 per share. The dividend is payable on July 19, 2005 to stockholders of record at the close of business on July 6, 2005. 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 other requirements of the business.
Empire Resources, Inc., is a distributor of a wide range of semi-finished aluminum products to customers in the transportation, automotive, housing, appliance and packaging industries in the U.S., Canada, Australia, New Zealand and Europe. It maintains supply contracts with aluminum mills in various parts of the world.