Houston Wire & Cable Company Announces First Quarter Dividend
HOUSTON, TX, Feb 11, 2013 (MARKETWIRE via COMTEX) --
The Board of Directors of Houston Wire & Cable Company (NASDAQ:
HWCC) today declared a cash dividend of $0.09 per share on the Common
Stock, payable February 28, 2013, to shareholders of record of Common
Stock at the close of business on February 21, 2013.
The Company continues sharing its success with shareholders as this
first quarter dividend marks the twenty-third payment since the
dividend initiation in August 2007.
About the Company
With over 35 years experience in the industry, Houston Wire & Cable
Company is one of the largest providers of wire and cable in the U.S.
market. Headquartered in Houston, Texas, the Company has sales and
distribution facilities strategically located throughout the nation.
Standard stock items available for immediate delivery include
continuous and interlocked armor, instrumentation, medium voltage,
high temperature, portable cord, power cables, private branded
products, including LifeGuard(TM), a low-smoke, zero-halogen cable,
mechanical wire and cable and related hardware, including wire rope,
lifting products and synthetic rope and slings.
Comprehensive value-added services include same-day shipping,
knowledgeable sales staff, inventory management programs,
just-in-time delivery, logistics support, customized internet-based
ordering capabilities and 24/7/365 service.
This release contains comments concerning management's view of the
Company's future expectations, plans and prospects that constitute
forward-looking statements for purposes of the safe harbor provisions
under the Private Securities Litigation Reform Act of 1995. Investors
are cautioned that forward-looking statements are inherently
uncertain and projections about future events may, and often do, vary
materially from actual results.
Other risk factors that may cause actual results to differ materially
from statements made in this press release can be found in the
Company's Annual Report on Form 10-K and other documents filed with
the SEC. These documents are available under the Investor Relations
section of the Company's website at www.houwire.com.
Any forward-looking statements speak only as of the date of this
press release and the Company undertakes no obligation to publicly
update such statements.
Nicol G. Graham
Vice President & CFO
SOURCE: Houston Wire & Cable Company
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