Superior Industries International, Inc. (SUP) Accelerates 2013 Dividends, Declares $0.64 Special Dividend

December 11, 2012 3:55 PM EST
Superior Industries International, Inc. (NYSE: SUP) declared a special dividend of $0.64 per share after approving an accelerated payment of the 2013 regular cash dividends into 2012

The dividend will be payable on December 28, 2012, to stockholders of record on December 21, 2012.

The annual yield on the dividend is 3.4 percent.

“Our board of directors decided to accelerate the payment of dividends due to uncertainty regarding dividend tax rates in 2013,” said Steven J. Borick, Chairman, Chief Executive Officer and President. “We are pleased to be in the position to mitigate a potential increase in tax burden for many of our shareholders, and at the same time maintain our strong balance sheet and liquidity.”

For a dividend history and other dividend-related data on Superior Industries International, Inc. (SUP) click here.

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