Updated at 11:25 a.m., Tuesday, January 30, 2007
Horizon Lines declares dividend of 11 cents per share
Advertiser Staff
Charlotte, N.C. — Horizon Lines, Inc. announced that its Board of Directors has voted to declare a cash dividend on its outstanding shares of common stock of 11 cents per share, payable on March 15 to all stockholders of record as of the close of business on March 1.The company also announced that it will hold its 2007 Annual Stockholder Meeting on June 5 in Charlotte, N.C. Stockholders of record at the close of business on April 6 will be entitled to notice of and to vote at the meeting.
Based in Charlotte, N.C., Horizon Lines, LLC is the nation's leading Jones Act container shipping and integrated logistics company, operating 16 U.S.-flag vessels on routes linking the continental United States with Alaska, Hawai'i, Guam and Puerto Rico. Horizon Lines also owns Horizon Services Group, an organization with a diversified offering of cargo management and tracking services being marketed to shippers, carriers and other supply chain participants. Horizon Lines, LLC and Horizon Services Group are wholly-owned subsidiaries of Horizon Lines, Inc., which trades on the New York Stock Exchange under the ticker symbol HRZ.
