PRINCETON, N.J.--(BUSINESS WIRE)--
Rockwood Holdings, Inc. (NYSE:ROC) today announced that its Board of
Directors has declared a quarterly cash dividend of $0.45 per share. The
dividend is payable on March 18, 2014 to all common stockholders of
record at the close of business on March 3, 2014.
The declaration and payment of any future dividends, however, will be at
the discretion of the Board of Directors.
Rockwood Holdings, Inc. based in Princeton, N.J., is a leading
global developer, manufacturer and marketer of technologically advanced
and high value-added specialty chemicals, with a market capitalization
of nearly $5 billion. It is the leading integrated and lowest cost
global producer of lithium and lithium compounds that has been an
enabler of the significant global growth of mobile devices by providing
adequate lithium supply used in lithium-ion batteries for electronics
and alternative transportation. The company is also the second largest
global producer of products and services for metal processing, servicing
the luxury European automotive and aerospace industry.
With approximately 3,500 employees in 17 countries and over 50,000
customers, Rockwood’s materials result in end-use products for nearly
every industry and generate annual net sales of approximately $1.3
billion in 2012 (after adjustment for discontinued operations).
For more information on Rockwood, please visit www.rocksp.com.
The information set forth in this press release contains certain
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995 concerning the business,
operations and financial condition of Rockwood Holdings, Inc. and its
subsidiaries and affiliates ("Rockwood"). Words such as "anticipates,"
"believes," "estimates," "expects," "forecasts," "predicts" and
variations of such words or expressions are intended to identify
forward-looking statements. Although Rockwood believes the expectations
reflected in such forward-looking statements are based upon reasonable
assumptions, there can be no assurance that its expectations will be
realized. "Forward-looking statements" consist of all non-historical
information, including any statements referring to the prospects and
future performance of Rockwood, including without limitation, the
payment of future dividends. Actual results could differ materially from
those projected in Rockwood's forward-looking statements due to numerous
known and unknown risks and uncertainties, including, among other
things, the "Risk Factors" described in Rockwood's periodic reports on
file with the Securities and Exchange Commission. Rockwood does not
undertake any obligation to publicly update any forward-looking
statement to reflect events or circumstances after the date on which any
such statement is made or to reflect the occurrence of unanticipated
Rockwood Holdings, Inc.
Nahla A. Azmy, 609-524-1109
President, Investor Relations & Communications
Source: Rockwood Holdings, Inc.