OKLAHOMA CITY, Aug. 16 /PRNewswire-FirstCall/ -- LSB Industries, Inc. whose common stock is traded over the American Stock Exchange under the symbol LXU announced today that the Board of Directors has declared partial dividends of $0.10 per share on the Company's $3.25 Convertible Exchangeable Class C Series 2 Preferred Stock, a $0.31 per share dividend on the Company's Non-Cumulative Preferred Stock, and a $0.37 per share dividend on the Company's Series B 12% Cumulative, Convertible Preferred Stock, all payable on September 15, 2006 to shareholders of record on August 25, 2006. Accrued and unpaid dividends continue to increase with the payment of these partial dividends.
LSB is a manufacturing, marketing, and engineering company with activities on a worldwide basis. LSB's principal business activities consist of the manufacture and sale of commercial and residential climate control products, the manufacture and sale of chemical products for the mining, agricultural and industrial markets, and the provision of specialized engineering services and other activities.