Superior Industries International, Inc. (NYSE:SUP) announced today that it will distribute a regular quarterly cash dividend on the common stock of the Corporation in the amount of $0.16 per share payable April 24, 2009 to shareholders of record as of April 9, 2009.
“We recognize that paying a dividend is an important consideration for shareholders,” said Steven Borick, Chairman, CEO and President. “The current strength of our balance sheet allows us to pay our regular quarterly dividend, despite the present economic environment.”
About Superior Industries
Superior supplies aluminum wheels to Ford, General Motors, Chrysler, Audi, BMW, Jaguar, Land Rover, Mazda, Mercedes Benz, Mitsubishi, Nissan, Seat, Skoda, Subaru, Suzuki, Toyota, Volkswagen and Volvo. For more information, visit Superior’s web site at www.supind.com.
This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors and risks discussed from time to time in the company's Securities and Exchange Commission filings and reports. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.
Superior Industries International, Inc.
Erika Turner, 818-781-4973
Investor Relations Line, 818-902-2701
Robert Jaffe / Roger Pondel