Buckeye Increases Quarterly Dividend
Release Date: 4/24/2012 5:18:31 PM
MEMPHIS, Tenn., Apr 24, 2012 (BUSINESS WIRE) --Buckeye Technologies Inc. (NYSE:BKI) announced today that its Board of
Directors declared a regular quarterly cash dividend in the amount of
$0.08 per common share payable on June 15, 2012 to shareholders of
record as of the close of business on May 15, 2012. The quarterly
dividend represents a 14% increase on the $0.07 per common share paid
last quarter.
Buckeye, a leading manufacturer and marketer of specialty fibers and
nonwoven materials, is headquartered in Memphis, Tennessee, USA. The
Company currently operates facilities in the United States, Germany, and
Canada. Its products are sold worldwide to makers of consumer and
industrial goods.
Certain matters discussed in this press release may constitute
forward-looking statements within the meaning of the federal securities
laws that involve risks and uncertainties, including but not limited to
economic, competitive, governmental, and technological factors affecting
the Company's operations, financing, markets, products, services and
prices, and other factors. For further information on factors
which could impact the Company and the statements contained herein,
please refer to public filings with the Securities and Exchange
Commission.
SOURCE: Buckeye Technologies Inc.
Buckeye Technologies Inc.
Steve Dean, 901-320-8352
Sr. Vice
President and Chief Financial Officer
or
Daryn Abercrombie,
901-320-8908
Investor Relations
Website: www.bkitech.com