American Vanguard issues cash dividend

An agricultural products company’s board of directors recently

announced a cash dividend of $0.14 per share.

The board of directors of American Vanguard Corp., with offices in

Newport Beach, announced the dividend last week.

The board also announced a four-for-three stock split for the 33%

stock dividend. The dividend and newly issued shares will be distributed

to shareholders April 12. The dividend will be paid on the number of

outstanding shares prior to the stock split.

The stock dividend is the sixth in the company’s history and will

increase the number of shares available for trading, said Eric G.

Wintemute, president and chief executive.

About 3.8 million shares will be outstanding, Wintemute said.

American Vanguard Corp. specializes in crop protection and

management, turf management and public health insecticides.

In 2001, American Vanguard was named to Forbes’ Best 200 Small

Companies List.