SOURCE: Ecology and Environment, Inc.

Ecology and Environment, Inc.

July 18, 2016 15:15 ET

Ecology and Environment, Inc. Declares 59th Consecutive Dividend

LANCASTER, NY--(Marketwired - July 18, 2016) - The Board of Directors of Ecology and Environment, Inc. (E & E) (NASDAQ: EEI) has declared a six month dividend of 20 cents per share. This is the 59th consecutive dividend E & E has declared since becoming a publically traded company in 1987. The dividend is payable on or before August 11, 2016 to shareholders of Class A and Class B common stock on record as of July 28, 2016.

"This dividend is 4 cents per share lower than the last semi-annual dividend and reflects the Board's decision to direct more resources to support management's growth initiatives, while still providing to shareholders a top dividend yield for our industry," stated Board Chairman Frank B. Silvestro.

Headquartered in Lancaster, N.Y., E & E has completed thousands of projects for a wide variety of clients, including some of the most iconic, high-profile projects in the world. E & E is listed on the NASDAQ under the symbol EEI, and the information contained in this press release is available on the Company's website at www.ene.com.