BELLEVUE, Wash., April 14, 2017 /PRNewswire/ -- Radiant
Logistics, Inc. (NYSE MKT: RLGT), a domestic and international
freight forwarding and logistics services company, today announced
that in accordance with the terms of its 9.75% Series A Cumulative
Redeemable Perpetual Preferred Stock (RLGTPA), its Board of
Directors has declared a cash dividend of $0.609375 per share. The dividend is payable with
respect to the period commencing on January
31, 2017 and ending on April 28,
2017. The dividend is payable on May
1, 2017 to preferred stockholders of record as of
April 28, 2017.
About Radiant Logistics
Radiant Logistics, Inc. (www.radiantdelivers.com) is a
comprehensive North American provider of third party logistics and
multimodal transportation services. As a non-asset provider, with
minimal investment in equipment, the company delivers advanced
supply chain solutions through a network of company-owned and
strategic operating partner locations across North America. Through its comprehensive
service offering, Radiant provides domestic and international
freight forwarding services, truck and rail brokerage services and
other value-added supply chain management services, including
customs brokerage, order fulfillment, inventory management and
warehousing to a diversified account base including manufacturers,
distributors and retailers using a network of independent carriers
and international agents positioned strategically around the
world.
This announcement contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Actual results
may differ significantly from management's expectations. These
forward-looking statements involve risks and uncertainties that
include, among others, risks related to trends in the domestic and
global economy, our ability to attract new and retain existing
agency relationships, acquisitions and integration of acquired
entities, availability of capital to support our acquisition
strategy, our ability to maintain and improve back office
infrastructure and transportation and accounting information
systems in a manner sufficient to service our revenues and network
of operating locations, outcomes of legal proceedings, competition,
management of growth, potential fluctuations in operating results,
and government regulation. More information about factors that
potentially could affect Radiant Logistics, Inc. financial results
is included Radiant Logistics, Inc.'s filings with the Securities
and Exchange Commission, including its most recent Annual Report on
Form 10-K and subsequent filings.
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SOURCE Radiant Logistics, Inc.