Synagro (NASDAQ:SYGR)
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From May 2019 to May 2024
Synagro Technologies, Inc. (NASDAQ and ArcaEx Markets:
SYGR), ("the Company") announced today that its Board of Directors has
declared a cash dividend of $0.10 per common share to all of its
shareholders of record as of November 14, 2005. The dividend is
payable on November 30, 2005.
Synagro Technologies, Inc. believes that it is the largest
recycler of biosolids and other organic residuals in the United States
and it believes that it is the only national company focused
exclusively on the estimated $8 billion organic residuals industry,
which includes water and wastewater residuals. The Company serves
approximately 600 municipal and industrial water and wastewater
treatment accounts with operations in 37 states and the District of
Columbia. The Company offers a broad range of water and wastewater
residuals management services focusing on the beneficial reuse of
organic, nonhazardous residuals resulting from the wastewater
treatment process, including drying and pelletization, composting,
product marketing, incineration, alkaline stabilization, land
application, collection and transportation, regulatory compliance,
dewatering, and facility cleanout services.
Safe Harbor Statement
This press release contains certain forward-looking statements,
within the meaning of the Private Securities Litigation Reform Act of
1995, which involve known and unknown risks, uncertainties or other
factors not under Synagro's control which may cause the actual
results, performance or achievement of Synagro to be materially
different from the results, performance or other expectations implied
by these forward-looking statements. These factors include, but are
not limited to: the risk that our stockholders may not receive the
level of dividends provided for in the dividend policy adopted by our
board or any dividends at all; unseasonable weather; changes in
government regulations; the ability to find, timely close, and
integrate acquisitions; changes in federal wastewater treatment and
biosolid regulation; our ability to comply with federal, state and
local environmental regulations or to maintain and obtain necessary
permits; competition in the wastewater residuals management business;
the risk of early termination of customer contracts; our level of
debt; our ability to obtain additional financing; our ability to
maintain sufficient insurance; the effect of the restrictions in our
senior secured credit facility on our operation; and our ability to
service our debt. Other factors are discussed in Synagro's periodic
filings with the Securities and Exchange Commission.