PADUCAH, Ky., March 4, 2014 /PRNewswire/ -- Computer Services,
Inc. (CSI) (OTCQX: CSVI) announced that its Board of
Directors declared a quarterly cash dividend of 16 cents per share. The quarterly
cash dividend is payable on March
31, 2014, to shareholders of record as of the close of
business on March 17, 2014.
"Our Board of Directors remains focused on building long-term
shareholder value through our cash dividend program," stated
Chief Executive Officer Steven A.
Powless. "This quarter's cash dividend represents a
14.3% 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."
About Computer Services, Inc.
Computer Services, Inc. (CSI) delivers core processing, managed
services, mobile and Internet solutions, payments processing, print
and electronic distribution, and regulatory compliance solutions to
financial institutions and corporate customers across the nation.
Exceptional service, dynamic solutions and superior results are the
foundation of CSI's reputation, and have resulted in the company's
inclusion in such top industry-wide rankings as the FinTech 100,
Talkin' Cloud 100 and MSPmentor Top 501 Global Managed Service
Providers List. CSI's stock is traded on OTCQX under the symbol
CSVI. For more information about CSI, visit www.csiweb.com.
Forward-Looking Statements
This news release contains "forward-looking statements" as
that term is defined in the Private Securities Litigation Reform
Act of 1995. All statements except historical statements contained
herein constitute "forward-looking statements." Forward-looking
statements are inherently uncertain and are based only on current
expectations and assumptions that are subject to future
developments that may cause results to differ materially. Readers
should carefully consider: (i) economic, competitive, technological
and governmental factors affecting CSI's operations, customers,
markets, services, products and prices; and (ii) other factors
discussed in CSI's Annual Report, Quarterly Reports, Information
and Disclosure Statements and other documents posted from time to
time on the OTCQX website (www.otcqx.com), including
without limitation, the description of the nature of CSI's business
and its management discussion and analysis of financial condition
and results of operations for reported periods. Unless required by
law, CSI undertakes no obligation to update, and is not responsible
for updating, the information contained in this report beyond the
publication date, whether as a result of new information or future
events, or to conform the statement to actual results or changes in
CSI's expectations, or otherwise or for changes made to this
document by wire services or Internet services.
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SOURCE Computer Services, Inc.