BELLEVUE, Wash., April 13, 2018 /PRNewswire/ -- Radiant Logistics,
Inc. (NYSE American: 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, 2018 and ending on April 29,
2018. The dividend is payable on April 30, 2018 to preferred stockholders of
record as of April 27, 2018.
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, Radiant 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, our ability to repay outstanding
indebtedness, 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.