Complete Story
05/17/2010
CSI BOARD DECLARES CASH DIVIDEND
PADUCAH, Ky. -- (May 14, 2010) -- Computer Services, Inc. (CSI) (OTCQX:
CSVI) announced that its Board of Directors declared a quarterly cash dividend of $0.095 per share (post split basis) payable on June 25, 2010, to shareholders of record as of the close of business on June 1, 2010. The dividend amount represents an indicated annual dividend rate of $0.38 per share taking into consideration the two-for-one stock split in the form of a stock dividend paid on April 30, 2010.
"The cash dividend of $0.095 per share represents an 11.8% increase compared with the dividend paid in June 2009 on a post-split basis," stated Steven A. Powless, President and CEO of CSI. "Our Board of Directors remains focused on building long-term shareholder value through our cash dividend program and the increase since last year highlights our strong financial condition, record results and excellent cash flow from operations."




