SOURCE: American Ecology Corporation

July 01, 2008 07:01 ET

American Ecology Declares Increased Quarter Dividend of $0.18 per Share

BOISE, ID--(Marketwire - July 1, 2008) - American Ecology Corporation (NASDAQ: ECOL) today declared that stockholders of record on July 11, 2008 will receive a quarterly cash dividend of $0.18 per common share, payable on July 18, 2008. The Company approved the increased quarterly dividend from $0.15 to $0.18 per common share, a 20% increase, in May 2008.

At March 31, 2008, the Company reported 18.3 million shares outstanding and $10.4 million in cash and short-term investments on hand. The Company estimates that approximately $3.3 million in cash will be paid out for the declared quarterly dividend.

About American Ecology Corporation

American Ecology Corporation, through its subsidiaries, provides radioactive, PCB, hazardous, and non-hazardous waste services to commercial and government customers throughout the United States, such as steel mills, medical and academic institutions, petro-chemical facilities and the nuclear power industry. Headquartered in Boise, Idaho, the Company is the oldest radioactive and hazardous waste services company in the United States.

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