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KMG Chemicals Declares Quarterly DividendHOUSTON, TX – December 9, 2009 – KMG Chemicals, Inc. (NASDAQ: KMGB), a global provider of specialty chemicals in carefully focused markets, today announced that its Board of Directors declared a quarterly cash dividend of $0.02 per common share. The dividend is payable on January 8, 2010 to shareholders of record as of December 21, 2009. As of December 9, 2009, there were approximately 11.2 million common shares outstanding. About KMG KMG
Chemicals, Inc., through its subsidiaries, produces and distributes
specialty chemicals to carefully focused markets.
The Company grows by
acquiring and optimizing stable chemical product lines and
businesses with established production processes. Its current operations are
focused on the wood treatment, electronic, and agricultural chemical
markets.
For more
information, visit the Company's web site at www.kmgchemicals.com. The information in this
news release includes certain forward-looking statements that are
based upon assumptions that in the future may prove not to have been
accurate and are subject to significant risks and uncertainties,
including statements as to the future performance of the company.
Although the company believes that the expectations reflected in its
forward-looking statements are reasonable, it can give no assurance
that such expectations or any of its forward-looking statements will
prove to be correct. Factors that could cause results to differ
include, but are not limited to, successful performance of internal
plans, product development acceptance, the impact of competitive
services and pricing and general economic risks and
uncertainties.
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