dividend
confidence high
sentiment positive
materiality 0.50
American Vanguard declares $0.025/share quarterly dividend; reaffirms FY2022 adjusted EBITDA guidance of $79M-$81M
AMERICAN VANGUARD CORP
- Cash dividend of $0.025 per share payable Oct 7, 2022 to shareholders of record Sept 23, 2022.
- Full-year 2022 dividends total $0.095 per share, up from $0.080 in 2021.
- CEO cites strong H1 2022 performance; reaffirms adjusted EBITDA guidance of $79M-$81M for FY2022.
- Management expects 2022 to be the highest annual adjusted EBITDA in company history.