Span-America Declares Quarterly Cash Dividend
November 14 2016 - 4:15PM
Business Wire
Marks 108th Consecutive
Quarterly Dividend Payment
Span-America Medical Systems, Inc. (NASDAQ: SPAN) announced
today that the Board of Directors declared a quarterly cash
dividend of $0.16 per share. The dividend is payable December
9, 2016, to shareholders of record on November 22, 2016.
“Span-America has paid a cash dividend for 108 consecutive
quarters, highlighting our Board’s focus on building shareholder
value through our cash dividend program,” stated Jim Ferguson,
president and chief executive officer of Span-America. “We
believe our dividend record emphasizes Span-America’s strong cash
flow from operations and long-term financial performance.”
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 Encore®, Advantage and Rexx beds as well as related
in-room furnishing 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20161114006166/en/
Span-America Medical Systems, Inc.Jim Ferguson, 864-288-8877,
ext. 6912President and Chief Executive Officer
Span America (NASDAQ:SPAN)
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