Interpool, Inc. Announces Increase in Cash Dividend on Common Stock
23 Noviembre 2005 - 3:24PM
Business Wire
Interpool, Inc. (NYSE:IPX) announced today that it will pay a cash
dividend of 8.0 cents per share for the fourth quarter of 2005, an
increase over the Company's previous quarterly dividend of 7.5
cents. The dividend will be payable on January 16, 2006 to
shareholders of record on January 2, 2006. The aggregate amount of
the dividend is expected to be approximately $2,280,000. The amount
of the quarterly dividend is based on an indicated annualized
dividend rate of 32 cents per share. Interpool's Chairman and Chief
Executive Officer, Martin Tuchman, commented, "The increased
dividend is reflective of Interpool's continued focus on
shareholder value. While we are utilizing our strong cash flow to
grow our core business, we are excited to also have the opportunity
to distribute more of our profits to shareholders." Interpool is
one of the world's leading suppliers of equipment and services to
the transportation industry. It is the world's largest lessor of
intermodal container chassis and a world-leading lessor of cargo
containers used in international trade. Note: This press release
and other press releases and information can be viewed at the
Company's website at www.interpool.com. This Press Release contains
certain forward-looking statements regarding future circumstances.
These forward-looking statements are subject to risks and
uncertainties that could cause actual results to differ materially
from those contemplated in such forward-looking statements,
including in particular the risks and uncertainties described in
the company's SEC filings. The Company undertakes no obligation to
publicly release any revisions to these forward-looking statements
to reflect events or circumstances after the date hereof.
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