CHICAGO--(BUSINESS WIRE)--The directors of FreightCar America, Inc. (NASDAQ:RAIL) have declared a cash dividend of $0.09 per share of common stock of the Company. This dividend represents an increase of 50%, or $0.03 per common share, from the Company’s prior quarterly cash dividend of $0.06 per common share. The dividend is payable on February 25, 2015, to shareholders of record at the close of business on February 19, 2015.
About FreightCar America, Inc.
FreightCar America, Inc. manufactures a wide range of railroad freight cars, supplies railcar parts, leases freight cars through its JAIX Leasing Company subsidiary and provides railcar maintenance and repairs through its FreightCar Rail Services, LLC subsidiary. FreightCar America designs and builds high-quality railcars, including coal cars, bulk commodity cars, covered hopper cars, intermodal and non-intermodal flat cars, mill gondola cars, coil steel cars and boxcars. It is headquartered in Chicago, Illinois and has facilities in the following locations: Cherokee, Alabama; Danville, Illinois; Grand Island, Nebraska; Hastings, Nebraska; Johnstown, Pennsylvania; and Roanoke, Virginia. More information about FreightCar America is available on its website at www.freightcaramerica.com.