William H. Sadlier, Inc. Announces Results for Year Ended December 31, 2010 and Dividend
April 05 2011 - 4:08PM
Business Wire
William H. Sadlier, Inc. (“Sadlier”) (OTCPNK:SADL), a leading publisher of educational and
catechetical materials, today reported annual net income of
$3,512,000 for 2010 compared to $4,030,000 of net income reported
in 2009. Net sales decreased to $52,817,000 compared to $53,358,000
in 2009. On a fully diluted per share basis, Sadlier earned $4.40
for the year 2010 compared to $4.85 per share earned for the full
year 2009. Average common shares outstanding on a fully diluted
basis was 798,179 in 2010 compared to 831,213 in 2009.
William H. Sadlier, Inc. also announced today that its Board of
Directors, at its meeting on April 1, 2011, declared a dividend of
$1.10 per share of its Common Stock payable on June 15, 2011 to
holders of record at the close of business on May 16, 2011.
About Sadlier
William H. Sadlier, Inc. is a recognized and respected publisher
of print, digital, and online educational materials for PreK-12
public and nonpublic schools, and catechetical materials for
Catholic schools, parishes, and families. Since 1832, Sadlier’s
tradition of quality and excellence in publishing has been nurtured
by the vision, integrity and dedication of the same family. Visit
www.Sadlier.com.
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