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Imperial Sugar Company Declares $0.02 Per Share Regular Quarterly Cash Dividend Payable March 10, 2011
SUGAR LAND, Texas--([ BUSINESS WIRE ])--Imperial Sugar Company (NASDAQ:IPSU) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.02 per share payable on March 10, 2011 to shareholders of record on March 1, 2011. This quarterly dividend continues the regular dividend program that has been in effect since January 2005.
About Imperial
Imperial Sugar Company is one of the largest processors and marketers of refined sugar in the United States to food manufacturers, retail grocers and foodservice distributors. The Company markets products nationally under the Imperial®, Dixie Crystals® and Holly® brands. For more information about Imperial Sugar, visit [ www.imperialsugar.com ].
Statements regardingfuture market prices and margins, future refinery construction costs, timelines and operational restart dates, future expenses and liabilities arising from the Port Wentworth refinery incident, future costs and liabilities arising from the Louisiana Sugar Refining LLC venture, future import and export levels, future government and legislative action, future operating results, future availability of raw sugar, operating efficiencies, future investments and initiatives, future cost savings, future product innovations, future energy costs, our liquidity and ability to finance our operations and capital investment programs, future pension payments and other statements that are not historical facts contained in this release are forward-looking statements that involve certain risks, uncertainties and assumptions.These include, but are not limited to, unforeseen engineering and equipment delays,market factors, farm and trade policy, our ability to realize planned cost savings and other improvements, the available supply of sugar, energy costs, the effect of weather and economic conditions, results of actuarial assumptions, actual or threatened acts of terrorism or armed hostilities, legislative, administrative and judicial actions and other factors detailed in the Companya™s Securities and Exchange Commission filings.Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated.