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Xerium Technologies Announces Dividend Reinvestment Plan and Seventh Consecutive Quarterly Cash Dividend.


YOUNGSVILLE Youngsville is the name of some places in the United States of America:
  • Youngsville, Louisiana
  • Youngsville, North Carolina
  • Youngsville, Pennsylvania
See also: Youngstown
, N.C. -- Xerium Technologies, Inc. (NYSE NYSE

See: New York Stock Exchange
: XRM XRM eXtended Relationship Management
XRM X-Ray Microscopy
XRM X Resource Manager
XRM Xerox Resource Manager
XRM Xml Repository Manager
), a leading global manufacturer of clothing and roll covers used primarily in the paper production process, today announced that its Board of Directors adopted a Dividend Reinvestment Plan Dividend Reinvestment Plan (DRP)

Plan which provides for automatic reinvestment of shareholder dividends in more shares of a company's stock, often without commissions. Some plans provide for the purchase of additional shares at a discount to market price.
 and declared a dividend of $0.225 per share of common stock payable on March 15, 2007 to shareholders of record as of the close of business on March 5, 2007.

Under the Dividend Reinvestment Plan, registered shareholders may elect to receive all or part of the dividends on their shares of common stock in additional shares of common stock. The Plan is administered by American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of  Stock Transfer & Trust Company. More information about the Plan and enrollment forms are available by calling American Stock Transfer & Trust Company at 866-706-0512 and through American Stock Transfer & Trust Company's website at www.amstock.com. In order for a registered shareholder to participate in the Plan with respect to the March 15, 2007 dividend payment, American Stock Transfer & Trust Company must receive the shareholder's enrollment form prior to the March 5, 2007 record date for that dividend.

ABOUT XERIUM TECHNOLOGIES

Xerium Technologies, Inc. (NYSE: XRM) is a leading global manufacturer and supplier of two types of products used primarily in the production of paper: clothing and roll covers. The Company, which operates around the world under a variety of brand names, owns a broad portfolio of patented and proprietary technologies to provide customers with tailored solutions and products integral to production, all designed to optimize optimize - optimisation  performance and reduce operational costs. With 35 manufacturing facilities in 15 countries around the world, Xerium Technologies has approximately 3,800 employees.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 20, 2007
Words:269
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