Ambassadors Group Declares Quarterly Dividend
February 16 2010 - 9:00AM
Ambassadors Group, Inc. (Nasdaq:EPAX) ("Company"), a leading
provider of educational travel experiences, announced today that
its board of directors declared a quarterly dividend of $0.06 per
share, which will be paid on March 16, 2010 to all common
shareholders of record on March 2, 2010. The Company's board of
directors continually reviews the Company's dividend policy to
ensure compliance with capital requirements, regulatory
limitations, the Company's financial position and other conditions,
which may affect the Company's desire or ability to pay dividends
in the future.
Business Overview
The Company is a socially conscious, education company located
in Spokane, Washington, and is the parent company of Ambassador
Programs, Inc., World Adventures Unlimited, Inc. and BookRags,
Inc., an educational research website. The Company also oversees
the Washington School of World Studies, an accredited travel study
and distance learning school. Additional information about the
Company and its subsidiaries is available at
http://ambassadorsgroup.com. In this press release, "Company",
"we", "us", and "our" refer to Ambassadors Group, Inc. and its
subsidiaries.
The Ambassadors Group, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=3541
Forward-Looking Statements
This press release contains forward-looking statements regarding
our expected financial performance. Forward-looking statements,
which are included per the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995, may involve known and
unknown risks, uncertainties and other factors that may cause our
actual results and performance in future periods to be materially
different from any future results or performance suggested by the
forward-looking statements in this release. Such forward-looking
statements speak only as of the date of this release and may not
reflect risks related to the conflict in the Middle East and
international unrest, outbreak of disease, conditions in the travel
industry, direct marketing environment, changes in economic
conditions and changes in the competitive environment. We expressly
disclaim any obligation to provide public updates or revisions to
any forward-looking statements found herein to reflect any changes
in our expectations or any change in events. Although we believe
the expectations reflected in such forward-looking statements are
based upon reasonable assumptions, we can give no assurance that
our expectations will be attained. For a more complete discussion
of these and other factors, please refer to the Ambassadors Group,
Inc. Form 10-K filed March 12, 2009, proxy filed April 6, 2009, and
Form 10-Q filed November 5, 2009.
CONTACT: Ambassadors Group, Inc.
Kristi J. Gravelle
(509) 568-7800
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