Span-America Declares Quarterly Cash Dividend
February 19 2015 - 2:44PM
Business Wire
Marks 101st Consecutive
Quarterly Dividend Payment
Span-America Medical Systems, Inc. (NASDAQ: SPAN) announced
today that the Board of Directors declared a quarterly cash
dividend of $0.15 per share. The dividend is payable March 17,
2015, to shareholders of record on March 2, 2015.
“This quarter’s cash dividend represents a 7% increase in the
amount paid to shareholders compared with the same quarter last
year and highlights the strength of our balance sheet and our
excellent cash flow from operations,” stated Jim Ferguson,
president and chief executive officer of Span-America. “Our
Board of Directors remains focused on building long-term
shareholder value through our cash dividend program, and this
dividend marks the company’s 101st consecutive quarter of paying
cash dividends.”
About Span-America Medical Systems, Inc.
Span-America manufactures and markets a comprehensive selection
of pressure management products for the medical market, including
Geo-Matt®, PressureGuard®, Geo-Mattress®, Custom Care®, Span+Aids®,
Isch-Dish®, Risk Manager® and Selan® products. We also supply
custom foam and packaging products to the consumer
and industrial markets. Through our
wholly-owned subsidiary Span Medical Products Canada Inc., we
manufacture and market the M.C. Healthcare Products
brands of Maxxum, Advantage and Rexx bed frames as well as
related case goods, tables and seating products for the long-term
care market. Span-America’s stock is traded on The
NASDAQ Global Market under the symbol “SPAN.” For more
information, visit www.spanamerica.com and
www.mchealthcare.com.
Span-America Medical Systems, Inc.Jim Ferguson, 864-288-8877,
ext. 6912President and Chief Executive Officer
Span America (NASDAQ:SPAN)
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