LANCASTER, N.Y., July 8, 2011 (GLOBE NEWSWIRE) -- Based on the strong financial condition of the Company, the Board of Ecology and Environment, Inc. (E & E) (Nasdaq:EEI) has declared an increase of the six-month dividend to 24 cents per share. This two cent increase in the semiannual dividend doubles the largest dividend increase that the Company has announced since becoming publicly traded 24 years ago.
This represents the 49th consecutive dividend since the Company became public in 1987 and the 17th increase in 24 years. The dividend is payable on or before August 5 to shareholders of both Class A and Class B common stock on record as of July18.
Ecology and Environment, Inc. has completed more than 50,000 projects for a wide variety of clients in 113 countries, providing environmental solutions in nearly every ecosystem on our planet. The Company is listed on the NASDAQ under the symbol EEI and is located on the web at www.ene.com.
CONTACT: Mr. John Mye, P.E.
Vice President, Treasurer, and Chief Financial Officer
(716) 684-8060
jmye@ene.com
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