Span-America (SPAN) Raises Quarterly Dividend 6.7% to $0.16; 3.7% Yield

Go back to Span-America (SPAN) Raises Quarterly Dividend 6.7% to $0.16; 3.7% Yield

Span-America Increases Quarterly Cash Dividend by 6.7%

July 29, 2015 10:30 AM EDT

Marks 103rd Consecutive Quarterly Dividend Payment

GREENVILLE, S.C.--(BUSINESS WIRE)-- Span-America Medical Systems, Inc. (NASDAQ: SPAN) announced today that the Board of Directors increased the quarterly cash dividend to $0.16 per share, an increase of 6.7% from the previous quarterly dividend of $0.15 per share. The dividend is payable September 3, 2015, to shareholders of record on August 18, 2015.

This quarters 6.7% increase in the cash dividend highlights Span-Americas good financial performance, strong balance sheet and solid cash flow from operations during the first half of fiscal 2015, stated Jim... More