American Vanguard Declares Quarterly Dividend

Rhea-AI Summary

American Vanguard Corp. (NYSE:AVD) has declared a $0.02 cash dividend, payable on October 15, 2021, to shareholders on record as of October 1, 2021. This dividend reflects the company's strong operational performance and ongoing commitment to returning value to shareholders. In 2021, the total cash dividend payments will amount to $0.08, up from $0.04 in 2020. The company remains focused on strategic growth areas including biological product development and geographic expansion.

Positive

• Dividend increase to $0.08 in 2021 from $0.04 in 2020, indicating strong operational performance.
• Confidence in business model and growth initiatives as stated by the Board of Directors.

Negative

• None.

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- American Vanguard Corp. (NYSE:AVD) announced that its Board of Directors has declared a $0.02 cash dividend payment to be distributed on October 15, 2021, to shareholders of record as of October 1, 2021.

Eric Wintemute, Chairman and CEO of American Vanguard, stated, “This dividend payment continues our history of providing cash returns to shareholders based on successful operational and financial performance. It reflects the confidence that the Board of Directors has in the strength of our business model and our longer-term strategic growth initiatives in biological product development, geographic market expansion, consumer pest control and SIMPAS/Ultimus precision application technology. We appreciate the support of our shareholders, as we develop and deliver important solutions that enhance agricultural productivity, safeguard public health and facilitate environmental sustainability.”

Annual Cash Dividend Payments: Based on Date of Cash Distribution
2021 - - Payments in 2021 (including pending payment) . . . . . . . . . . . $0.080
2020 - - Full Calendar Year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.040
2019 - - Full Calendar Year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.080
2018 - - Full Calendar Year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.075
2017 - - Full Calendar Year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.055

About American Vanguard
American Vanguard Corporation is a diversified specialty and agricultural products company that develops and markets products for crop protection and management, turf and ornamentals management and public and animal health. American Vanguard is included on the Russell 2000® & Russell 3000® Indexes and the Standard & Poors Small Cap 600 Index. To learn more about American Vanguard, please reference the Company’s web site at www.american-vanguard.com.

In its public commentary, the Company may discuss forward-looking information. Except for the historical information contained in this release, all forward-looking statements are estimates by the Company’s management subject to various risks and uncertainties that may cause results to differ from management’s current expectations. Such factors include weather conditions, changes in regulatory policy and other risks as detailed in the Company’s SEC reports and filings. All forward-looking statements, if any, in this release represent the Company’s judgment as of the date of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210913005132/en/

American Vanguard Corporation

William A. Kuser, Director of Investor Relations

(949) 260-1200

williamk@amvac.com

The Equity Group Inc.

www.theequitygroup.com

Lena Cati (212) 836-9611

Lcati@equityny.com

Source: American Vanguard Corp.

FAQ

What is the dividend amount declared by American Vanguard Corp. for 2021?

American Vanguard Corp. has declared a dividend amount of $0.08 for the year 2021.

When is the dividend payment date for American Vanguard Corp.?

The dividend payment date for American Vanguard Corp. is October 15, 2021.

When is the record date for shareholders to receive the dividend from American Vanguard Corp.?

The record date for shareholders to receive the dividend is October 1, 2021.

How has American Vanguard Corp.'s dividend changed from 2020 to 2021?

The dividend has increased from $0.04 in 2020 to $0.08 in 2021.