Marks 24th consecutive annual increase in cash dividend
PADUCAH, Ky. – (June 27, 2012) – Computer Services, Inc. (CSI) (OTCQX: CSVI) announced that its Board of Directors declared a quarterly cash dividend of 14 cents per share, a 12 percent increase from the previous cash dividend of 12.5 cents per share. The dividend is payable on Sept. 25, to shareholders of record as of the close of business on Sept. 4.
“This dividend marks CSI’s 24th consecutive annual increase in our cash dividend and highlights our long-term growth in revenues and earnings, and our excellent cash flow from operations,” said CEO Steven A. Powless. “This year’s increase in our cash dividend underscores our Board’s focus on building long-term shareholder value through our cash dividend program and our objective of returning a portion of CSI’s earnings to our shareholders.”