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American Ecology Declares Quarterly Dividend of $0.18 per Share

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{"s" : "ecol","k" : "c10,l10,p20,t10","o" : "","j" : ""}
Press Release Source: American Ecology Corporation On Wednesday April 1, 2009, 6:00 am EDT

BOISE, ID--(MARKET WIRE)--Apr 1, 2009 -- American Ecology Corporation (NasdaqGS:ECOL - News) today declared that stockholders of record on April 17, 2009 will receive a quarterly cash dividend of $0.18 per common share, payable on April 24, 2009.

At December 31, 2008, the Company reported 18.2 million shares outstanding and $18.5 million in cash on hand. The Company estimates that approximately $3.3 million in cash will be paid out for the declared quarterly dividend.

About American Ecology Corporation

American Ecology Corporation, through its subsidiaries, provides radioactive, PCB, hazardous, and non-hazardous waste services to commercial and government customers throughout the United States, such as steel mills, medical and academic institutions, petro-chemical facilities and the nuclear power industry. Headquartered in Boise, Idaho, the Company is the oldest radioactive and hazardous waste services company in the United States.

Contact:

     Contact:
Alison Ziegler
Cameron Associates
(212) 554-5469
alison@cameronassoc.com
http://www.americanecology.com
 

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