Houston Wire & Cable Company Announces Dividend Increase

HOUSTON, TX--(Marketwire - May 5, 2011) - Houston Wire & Cable Company (NASDAQ: HWCC) announced today that its Board of Directors has approved a 5.9% increase in the Company's quarterly cash dividend. The dividend will increase to $0.09 per share, from $0.085 per share in the previous quarter. Payments will be made on May 27, 2011 to shareholders of record of Common Stock at the close of business on May 13, 2011.

"This increase in our dividend reflects the growth in our business as well our confidence in the long-term strength of Houston Wire & Cable. We are pleased to continue sharing our successes with shareholders," commented Chuck Sorrentino, Chief Executive Officer.

About the Company

With 35 years experience in the industry, Houston Wire & Cable Company is one of the largest providers of wire and cable in the U.S. market. Headquartered in Houston, Texas, HWCC has sales and distribution facilities strategically located throughout the nation.

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