|[February 21, 2013]
Span-America Declares Regular Quarterly Dividend
GREENVILLE, S.C. --(Business Wire)--
Span-America Medical Systems, Inc. (NASDAQ: SPAN) announced today that
the Board of Directors declared a regular quarterly dividend of
12.5 cents ($0.125) per share. The dividend is payable March 12, 2013,
to shareholders of record on March 4, 2013, and marks the Company's 93rd
consecutive quarter of paying cash dividends.
"This quarter's dividend represents a 13.6% increase from the cash
dividend paid this time last year and highlights Span-America's
continued growth in sales, earnings and cash flow," stated Jim Ferguson,
president and chief executive officer of Span-America. "Our Board of
Directors remains committed to building long-term shareholder value by
returning a portion of the Compan's earnings to our shareholders
through our cash dividend program."
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 Maxxum,
Advantage and Rexx bed frames as well as related case goods, tables and
seating 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
[ Back To TMCnet.com's Homepage ]