HARRISBURG, Pa., March 22, 2007 (PRIME NEWSWIRE) -- The Board of Directors of Harsco Corporation (NYSE:HSC) today declared a regular quarterly cash dividend of $0.1775 per share on a post-split basis, or $0.71 per share on a post-split, annualized basis. The dividend is payable May 15, 2007 to stockholders of record as of April 13, 2007. The rate reflects the Company's latest dividend increase of more than nine percent as announced in November 2006, and also reflects the previously announced two-for-one stock split which takes effect later this month. Trading will begin on a split-adjusted basis on March 27, 2007.
The dividend represents the 228th consecutive quarterly dividend paid to Harsco stockholders at the same or increased rate. The Company has paid dividends every year since 1939, including dividend increases in each of the past thirteen years.
Harsco Corporation is one of the world's leading diversified industrial services companies, serving major customers in the non-residential construction, steel and metals, railway and energy industries. The Company posted 2006 revenues of $3.4 billion and employs approximately 21,500 people worldwide. Harsco's common stock is a component of the S&P MidCap 400 Index and the Russell 1000 Index. Additional information can be found at www.harsco.com.
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