DALLAS--(BUSINESS WIRE)--
The Board of Directors of Eagle Materials Inc. (NYSE: EXP) has declared
a quarterly cash dividend of $0.10 per share, payable on November 10,
2016, to stockholders of record of its Common Stock at the close of
business on October 7, 2016.
About Eagle Materials Inc.
Eagle Materials Inc. manufactures and distributes Cement, Gypsum
Wallboard, Recycled Paperboard, Concrete and Aggregates, and Oil and Gas
Proppants from 40 facilities across the US. Eagle is headquartered in
Dallas, Texas.
Forward-Looking Statements. This press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, Section 21E of the Securities Exchange Act of
1934 and the Private Securities Litigation Reform Act of 1995.
Forward-looking statements may be identified by the context of the
statement and generally arise when the Company is discussing its
beliefs, estimates or expectations. These statements are not historical
facts or guarantees of future performance but instead represent only the
Company's belief at the time the statements were made regarding future
events which are subject to certain risks, uncertainties and other
factors many of which are outside the Company's control. Actual results
and outcomes may differ materially from what is expressed or forecast in
such forward-looking statements. The principal risks and uncertainties
that may affect the Company's actual performance include the following:
the cyclical and seasonal nature of the Company's business; public
infrastructure expenditures; adverse weather conditions; the fact that
our products are commodities and that prices for our products are
subject to material fluctuation due to market conditions and other
factors beyond our control; availability of raw materials; changes in
energy costs including, without limitation, natural gas, coal and oil;
changes in the cost and availability of transportation; unexpected
operational difficulties, including unexpected maintenance costs,
equipment downtime and interruption of production; material nonpayment
or non-performance by any of our key customers; fluctuations in activity
in the oil and gas industry, including the level of fracturing
activities and the demand for frac sand; inability to timely execute
announced capacity expansions; difficulties and delays in the
development of new business lines; governmental regulation and changes
in governmental and public policy (including, without limitation,
climate change regulation); possible outcomes of pending or future
litigation or arbitration proceedings; changes in economic conditions
specific to any one or more of the Company's markets; competition; a
cyber-attack or data security breach; announced increases in capacity in
the gypsum wallboard and cement industries; changes in the demand for
residential housing construction or commercial construction; risks
related to pursuit of acquisitions, joint ventures and other
transactions; the impact of our bylaws forum selection clause on
stockholder disputes; general economic conditions; and interest rates.
For example, increases in interest rates, decreases in demand for
construction materials or increases in the cost of energy (including,
without limitation, natural gas, coal and oil) could affect the revenues
and operating earnings of our operations. In addition, changes in
national or regional economic conditions and levels of infrastructure
and construction spending could also adversely affect the Company's
result of operations. These and other factors are described in the
Company's Annual Report on Form 10-K for the fiscal year ended March 31,
2016 and in its Quarterly Report on Form 10-Q for the fiscal quarter
ended June 30, 2016. These reports are filed with the Securities and
Exchange Commission. All forward-looking statements made herein are made
as of the date hereof, and the risk that actual results will differ
materially from expectations expressed herein will increase with the
passage of time. The Company undertakes no duty to update any
forward-looking statement to reflect future events or changes in the
Company's expectations.
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