HOUSTON, Aug. 11, 2008 (PRIME NEWSWIRE) -- The Board of Directors of Houston Wire & Cable Company (Nasdaq:HWCC) today announced a cash dividend of $0.085 per share on the Common Stock, payable August 29, 2008, to shareholders of record of Common Stock at the close of business on August 15, 2008.
Shortly after the one-year anniversary of its initial public offering, HWCC initiated the quarterly dividend. Through these payments, the Company continues sharing its success with shareholders.
For more information, visit the Investor Relations page on our website at www.houwire.com.
About the Company
With more than 30 years of experience in the electrical industry, Houston Wire & Cable Company is one of the largest distributors of specialty wire and cable and related services in the U.S. electrical distribution market. Headquartered in Houston, Texas, HWCC has sales and distribution facilities in Atlanta, Baton Rouge, Charlotte, Chicago, Denver, Houston, Los Angeles, Philadelphia, San Francisco, Seattle and Tampa.
Standard stock items available for immediate delivery include continuous and interlocked armor, instrumentation, medium voltage, high temperature, portable cord, power cables and private branded products, including LifeGuard(tm), a low-smoke, zero-halogen cable. HWCC's comprehensive value-added services include same-day shipping, knowledgeable sales staff, inventory management programs, just-in-time delivery, logistics support, customized internet-based ordering capabilities and 24/7/365 service.
The Houston Wire & Cable Company logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2807