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SPAN-AMERICA DECLARES REGULAR QUARTERLY DIVIDEND
GREENVILLE, S.C. (February 12, 2010) -- Span-America Medical Systems, Inc. (NASDAQ:SPAN) announced today that the Board of Directors declared a regular quarterly dividend of $0.10 per share. The dividend is payable March 5, 2010, to shareholders of record on February 25, 2010.
"Our Board of Directors is committed to building long-term shareholder value, and we believe our quarterly dividend highlights our solid earnings and excellent cash flow from operations,” stated Jim Ferguson, president and chief executive officer of Span‑America. “This dividend will mark our 81st consecutive quarter of paying cash dividends.”
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®, Span+Aids®, Isch-Dish®, and Selan® products. The company also supplies custom foam and packaging products to the consumer and industrial markets. Span‑America's stock is traded on The NASDAQ Global Market under the symbol "SPAN." |