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Allegheny Technologies Incorporated (NYSE:ATI) announced today that its Board of Directors declared a quarterly cash dividend of $0.18 per share of common stock. The dividend is payable on March 26, 2010, to stockholders of record at the close of business on March 11, 2010.
About Allegheny Technologies Inc:
Allegheny Technologies Incorporated manufactures and sells specialty metals worldwide. The company’s High Performance Metals segment produces, converts, and distributes high performance alloys, including nickel- and cobalt-based alloys and super alloys; titanium and titanium-based alloys; exotic metals, such as zirconium, hafnium, niobium, nickel-titanium, and their related alloys; and other specialty alloys primarily in long product forms, such as ingot, billet, bar, shapes and rectangles, rod, wire, seamless tube, and castings. It sells products directly to end-use customers in the aerospace and defense, chemical process industry, oil and gas, electrical energy, and medical sectors. Allegheny Technologies Flat-Rolled Products segment produces, converts, and distributes stainless steel, nickel-based alloys, titanium and titanium-based alloys, and specialty alloys in various product forms, such as plate, sheet, engineered strip, and precision rolled strip products, as well as grain-oriented electrical steel sheet to independent service centers and end-use customers. It serves chemical process, oil and gas, electrical energy, automotive, food equipment and appliances, machine and cutting tools, construction and mining, aerospace and defense, electronics, communication equipment, and computers industries. The company’s Engineered Products segment produces tungsten powder, tungsten heavy alloys, tungsten carbide materials, and tungsten carbide cutting tools. It also manufactures carbon alloy steel impression die forgings, and large grey and ductile iron castings, as well as provides precision metals processing services, such as grinding, polishing, blasting, cutting, flattening, and ultrasonic testing. This segment serves various industrial markets, including automotive, chemical process, oil and gas, machine and cutting tools, aerospace, construction and mining, and other markets. Allegheny Technologies was founded in 1960 and is based in
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This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets.
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