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Escalade Announces Dividend of $0.07 per Share
* Reuters is not responsible for the content in this press release.
EVANSVILLE, IN, Nov 14 (MARKET WIRE) --
Escalade, Inc. (NASDAQ: ESCA) announced that its Board of Directors
authorized the payment of a dividend of seven cents ($0.07) per share for
the fourth quarter of 2011 payable January 5, 2012 to all shareholders of
record on December 22, 2011.
All future dividend payments will be determined and declared at the
Board's discretion.
"Escalade is pleased to declare a dividend of $0.07 per share which
reflects our confidence in the Company's sustained, long-term growth,"
stated Robert J. Keller, President and Chief Executive Officer of
Escalade, Inc.
Escalade is a quality manufacturer and marketer of sporting goods and
information security/print finishing products sold worldwide. To obtain
more information on the Company and its products, visit our website at:
www.EscaladeInc.com or contact Deborah Meinert, Vice President and CFO at
812/467-4449 or Robert J. Keller, President and CEO at 812/467-4449.
This press release contains forward-looking statements relating to
present or future trends or factors that are subject to risks and
uncertainties. These risks, include, but are not limited to, the impact
of competitive products and pricing, product demand and market
acceptance, Escalade's ability to successfully integrate the operations
of acquired assets and businesses, new product development, the
continuation and development of key customer and supplier relationships,
Escalade's ability to control costs, general economic conditions,
fluctuations in operating results, changes in foreign currency exchange
rates, changes in the securities market, Escalade's ability to obtain
financing and to maintain compliance with the terms of such financing,
and other risks detailed from time to time in Escalade's filings with the
Securities and Exchange Commission. Escalade's future financial
performance could differ materially from the expectations of management
contained herein. Escalade undertakes no obligation to update these
forward-looking statements after the date of this report.
Contacts
Deborah Meinert
Vice President and CFO
812/467-4449
Robert J. Keller
President and CEO
812/467-4449
Copyright 2011, Market Wire, All rights reserved.
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