Date: April 2, 2007
Source: American Ecology Corporation
American Ecology Declares $0.15 Per Share Dividend
American Ecology Corporation (Nasdaq:ECOL) today announced that stockholders of record on April 13, 2007 will receive a quarterly cash dividend of $0.15 per common share, payable on April 20, 2007.
At December 31, 2006, the Company reported 18,174,040 shares outstanding and $10 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.
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.
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SOURCE: American Ecology Corporation