Span-America Declares Quarterly Cash Dividend

Marks 102nd 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 June 3, 2015, to shareholders of record on May 12, 2015.

“This quarter’s cash dividend marks the company’s 102nd consecutive quarter of paying cash dividends and highlights our Board of Directors’ focus on building long-term shareholder value,” stated Jim Ferguson, president and chief executive officer of Span-America. “This dividend also represents a 7% increase in the cash dividend paid to shareholders compared with the same quarter last year.”

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)
Historical Stock Chart
From Jun 2024 to Jul 2024