AK Steel's Board of Directors Declares Common Stock Dividend

Tag : Steel Stainless

WEST CHESTER, Ohio , July 22 /PRNewswire-FirstCall/ -- AK Steel (NYSE: AKS) announced todaythat its board of directors has declared a quarterly cash dividendof $0.05 per share of common stock, payable on September 10, 2008 , to shareholders of record on August 15, 2008 . The company has approximately 112 million shares of common stockoutstanding.
About AK Steel
AK Steel produces flat-rolled carbon, stainless and electricalsteels, primarily for automotive, appliance, construction andelectrical power generation and distribution markets. The companyemploys about 6,500 men and women in Middletown , Mansfield , Coshocton and Zanesville, Ohio ; Butler, Pennsylvania ; Ashland, Kentucky ; Rockport, Indiana ; and its corporate headquarters in West Chester, Ohio . Additional information about AK Steel is available on thecompany's web site at www.aksteel.com .
AK Tube LLC, a wholly owned subsidiary of AK Steel, employs about300 men and women in plants in Walbridge, Ohio and Columbus, Indiana . AK Tube produces carbon and stainless electric resistance welded(ERW) tubular steel products for truck, automotive and othermarkets. Additional information about AK Tube LLC is available onits web site at www.aktube.com .
SOURCE AK Steel
For further information: For media: Alan H. McCoy, Vice President,Government and Public Relations, +1-513-425-2826, or for investors:Albert E. Ferrara, Jr., Vice President, Finance and CFO,+1-513-425-2888, both of AK Steel
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