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KMG Declares Quarterly Cash Dividend

Wed, 08/29/2012 - 5:13am
The Associated Press

Houston, TX - August 29, 2012 -- KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals in carefully focused markets, today announced that its Board of Directors has declared a quarterly cash dividend of $0.03 per common share. The dividend is payable on September 24, 2012 to shareholders of record on September 10, 2012. As of July 31, 2012, there were approximately 11.5 million KMG common shares outstanding.

About KMG KMG Chemicals, Inc., through its subsidiaries, produces and distributes specialty chemicals to carefully focused markets. The Company grows by acquiring and optimizing stable chemical product lines and businesses with established production processes. Its current operations are focused on the electronic and industrial wood treatment chemical markets. For more information, visit the Company's web site at www.kmgchemicals.com.

The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development acceptance, the impact of competitive services and pricing and general economic risks and uncertainties.

Contact: KMG Chemicals, Inc. Eric Glover, 713-600-3865 Manager of Investor Relations

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: KMG Chemicals via Thomson Reuters ONE

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