SOURCE: AMCOL International Corporation

AMCOL International Corporation

May 05, 2011 16:59 ET

AMCOL International (NYSE: ACO) Holds Annual Shareholders Meeting and Announces Quarterly Dividend

HOFFMAN ESTATES, IL--(Marketwire - May 5, 2011) - AMCOL International Corporation (NYSE: ACO) held its Annual Shareholders Meeting today. All Class I Directors were re-elected. They are: John Hughes, Clarence O. Redman and Audrey L. Weaver. In addition, the shareholders ratified the Audit Committee's selection of Ernst & Young and approved the advisory resolution on executive compensation. By a majority, the shareholders voted in favor of conducting the advisory vote on executive compensation annually. Based on the Board of Directors' recommendation and the voting results with respect to the advisory vote on the frequency of future advisory votes on executive compensation, AMCOL has adopted a policy to hold an advisory vote on executive compensation annually.

The Board of Directors has declared a quarterly dividend of $0.18 a share for the second quarter of 2011. The second quarter dividend is payable on July 11, 2011, to shareholders of record as of May 25, 2011.

Headquartered in Hoffman Estates, Illinois, AMCOL has five reporting segments: Minerals, Environmental, Oilfield Services, Transportation and Corporate. The Minerals segment produces and markets specialty minerals and related materials used as a performance additive in industrial goods and consumer products. The Environmental segment manufactures and markets engineered materials used in, and provides related services for, construction, waste containment and civil infrastructure applications. The Oilfield Services segment provides this industry with water treatment and related services. AMCOL's common stock is traded on the New York Stock Exchange under the symbol "ACO." The Company's website is www.amcol.com.

Contact Information

  • For further information, contact:
    Don Pearson
    Vice President & CFO
    847.851.1500