Date: October 2, 2006
Source: American Ecology Corp.
American Ecology Announces $0.15 Per Share Dividend and Schedule for Its Third Quarter 2006 Earnings Release and Conference Call
American Ecology Corporation (NASDAQ: ECOL) today announced that shareholders of record on October 13, 2006 will receive a quarterly cash dividend of $0.15 per common share, payable on October 20, 2006.
At June 30, 2006, the Company reported 18,134,678 shares outstanding and $10.8 million in cash and short-term investments on hand. The Company estimates that approximately $2.7 million in cash will be paid out for the declared quarterly dividend.
Third Quarter Results Release Schedule
The Company also announced today that it will release financial results for the third quarter ended September 30, 2006 following the close of the market on Tuesday, October 17, 2006. American Ecology will hold an investor conference call on Wednesday, October 18 at 11:00 a.m. Eastern Daylight Time (9:00 a.m. Mountain Daylight Time) to discuss these results and its business outlook.
Questions will be invited after management's presentation. Interested parties may send questions in advance to email@example.com, or by facsimile to (208) 331-7900. Participants can access the conference by dialing (866) 261-3296. Participants will be required to register their name and company affiliation for the conference call. The conference call will also be carried live on the Company's website at www.americanecology.com.
Audio replay will be made available through October 21, 2006 by calling (800) 675-9924 using the passcode 101806 or by accessing the Company's website at www.americanecology.com.
About American Ecology Corporation
American Ecology Corporation, through its subsidiaries, provides radioactive, PCB, hazardous, and non-hazardous waste services to commercial and government customers throughout the United States, such as steel mills, medical and academic institutions, petro-chemical facilities and the nuclear power industry. Headquartered in Boise, Idaho, the Company is the oldest radioactive and hazardous waste services company in the United States.