BELLEVUE, Wash., July 20, 2015 /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) (the "Series A
Preferred Stock"), the Board of Directors has declared a cash
dividend of $0.609375 per share. The
dividend is payable with respect to the period commencing on
April 30, 2015 and ending on
July 30, 2015, payable on
July 31, 2015, to the holders of
record of all the issued and outstanding Series A Shares as of the
close of business on July 30,
2015.
About Radiant Logistics (NYSE MKT: RLGT)
Radiant Logistics (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 under the Radiant®,
Wheels™, On-Time™, Airgroup®, Adcom®, DBA™,
Service By Air™, and Highways and Skyways™ network brands.
Through its comprehensive service offering, the company 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.
Logo -
http://photos.prnewswire.com/prnh/20110606/CL14193LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/radiant-logistics-declares-dividend-of-0609375-per-share-on-its-975-series-a-cumulative-redeemable-perpetual-preferred-stock-300115787.html
SOURCE Radiant Logistics, Inc.