American Woodmark Corporation Increases Quarterly Cash Dividend.WINCHESTER Winchester, town, England Winchester (wĭn`chĭstər), town (1991 pop. 34,127) and district, county seat of Hampshire, S central England. , Va.--(BUSINESS WIRE)--Aug. 26, 1998--American Woodmark Corporation (Nasdaq/NM: AMWD) today announced a quarterly cash dividend of $0.04 per share to be paid on September September: see month. 25, 1998, to shareholders of record on September 11, 1998. The cash dividend was increased from the prior quarter dividend of $0.03 per share paid on June June: see month. 29, 1998. The increase in the cash dividend follows the Company's tenth consecutive quarter of record net income. American Woodmark American Woodmark is a fully integrated, stock and semi-custom, just-in-time cabinet manufacturer, headquartered in Winchester, Virginia. The company operates 15 manufacturing facilities, in Arizona, Georgia, Indiana, Kentucky, Maryland, Minnesota, Oklahoma, Tennessee, Virginia, Corporation manufactures and distributes kitchen cabinets and vanities, serving both the remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure. bone remodeling and new housing construction markets. Its products are sold on a national basis through a network of independent distributors and directly to home centers, major builders and home manufacturers. The Company presently operates seven manufacturing facilities and four service centers across the country. CONTACT: American Woodmark, Winchester Glenn Eanes, 540/665-9100 |
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