Art's Way Manufacturing Announces Cash Dividend on The Company's Common Stock

* Reuters is not responsible for the content in this press release.

Mon Nov 2, 2009 2:00pm EST

ARMSTRONG, Iowa, Nov. 2 /PRNewswire-FirstCall/ -- Art's Way Manufacturing Co.,
Inc., (Nasdaq: ARTW) a leading manufacturer and distributor of agricultural
machinery, equipment and services announces the Board of Directors of the
corporation approved a cash dividend on the Company's common stock. The
dividend of $0.06 is payable on November 30, 2009, to shareholders of record
on November 16, 2009. Art's Way Manufacturing has paid a dividend each year
since 2005. 

J. Ward McConnell Jr., Executive Chairman of the Board of Directors said, "In
spite of the challenges inherent in the agricultural sector today, we believe
our business model places us in a strong position, particularly as the economy
improves. Our business fundamentals remain strong and the Company is well
capitalized as we move forward into 2010. We want to thank all of our loyal
shareholders for their support."

About Art's Way Manufacturing, Inc.

Art's Way manufactures and distributes farm machinery niche products including
animal feed processing equipment, sugar beet defoliators and harvesters, land
maintenance equipment, crop shredding equipment, plows, hay and forage
equipment and top and bottom drive augers. After market service parts are also
an important part of the Company's business. We have two wholly owned
subsidiaries. Art's Way Vessels, Inc. manufactures pressurized tanks and
vessels and Art's Way Scientific, Inc. manufactures modular animal confinement
buildings and modular laboratories.

    For More Information, Contact:  Jim Drewitz, Investor Relations
                                    830-669-2466 jim@jdcreativeoptions.com

    Or visit the Company's website at www.artsway-mfg.com


This news release includes "forward-looking statements" within the meaning of
the federal securities laws.  Statements of anticipated future results are
based on current expectations and are subject to a number of risks and
uncertainties, including but not limited to, quarterly fluctuations in
results, customer demand for the Company's products, domestic and
international economic conditions, the management of growth and other risks
detailed from time to time in the Company's Securities and Exchange Commission
filings.  Actual results may differ markedly from management's expectations. 
The Company cautions readers not to place undue reliance upon any such
forward-looking statements.

SOURCE  Art's Way Manufacturing Co., Inc.

Jim Drewitz, Investor Relations for Art's Way Manufacturing Co., Inc.,
+1-830-669-2466, jim@jdcreativeoptions.com
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.