Birmingham Steel Corporation Declares Quarterly Cash Dividend.BIRMINGHAM, Ala.--(BUSINESS WIRE)--Aug. 4, 1998--Birmingham Steel Corporation today announced that its Board of Directors has declared the Company's 43rd consecutive quarterly cash dividend. The regular quarterly dividend of $.10 (ten cents Ten Cents has several meanings:
Birmingham Steel operates in the mini-mill sector of the steel industry and conducts operations at facilities located across the United States. The Company specializes in producing steel reinforcing bar, merchant products and SBQ SBQ Sociedade Brasileira de Quimica (Portugese) SBQ Special Bar Quality (special bar quality) bar, rod and wire. The common stock of Birmingham Steel Corporation is traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "BIR BIR British Institute of Radiology BIR Bureau of Internal Revenue BIR Bureau of International Recycling BIR Baculovirus IAP Repeat BIR Biomedical Imaging Resource BIR Bureau of Intelligence and Research (US State Department) ."
CONTACT: Birmingham Steel, Birmingham
J. Daniel Garrett, 205/970-1213
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