Georgia Gulf Board of Directors Reinstates Quarterly Dividend; $0.08 per Share
The Board of Directors of Georgia Gulf Corporation (NYSE: GGC) today declared a quarterly dividend of 8 cents per share, the company's first since 2008.
“The reinstatement of a regular dividend of 32 cents per share on an annualized basis is a significant milestone for Georgia Gulf. The ability to again reward our shareholders with a cash dividend demonstrates the success management and employees have had in rebuilding a strong financial foundation for the company and is an expression of our confidence in the future of the company,” said Mark Noetzel, chairman of the board.
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