Supreme Industries, Inc. (NYSE MKT: STS) announced that its Board of Directors has declared a special cash dividend of 27 cents per share on its Class A and Class B common stock, in addition to its regular quarterly dividend of three cents per share on its Class A and Class B common stock.
These dividends are payable on January 4, 2016, to holders of record at the close of business on December 11, 2015.
Future cash dividend payments are subject to business conditions, the company's financial position, and requirements for working capital, property, plant, and equipment expenditures and other corporate purposes.
"The special cash dividend allows us to return a portion of the value created during 2015 to our shareholders," stated Mark D. Weber, President and Chief Executive Officer, "Our strong balance sheet and cash flow have Supreme well positioned to pursue continued growth through organic initiatives and accretive acquisition opportunities as we look toward 2016."