Marks 104th Consecutive Quarterly Dividend
GREENVILLE, S.C.–(BUSINESS WIRE)–Span-America Medical Systems, Inc. (NASDAQ: SPAN) announced today that
the Board of Directors declared a quarterly cash dividend of $0.16 per
share. The dividend is payable December 15, 2015, to shareholders of
record on November 30, 2015.
“This quarter’s cash dividend marks the 104th consecutive
quarter of paying cash dividends by Span-America,” stated Jim Ferguson,
president and chief executive officer of Span-America. “This dividend
also represents a 6.7% increase over the cash dividend paid this time
last year and highlights our Board’s commitment in building long-term
shareholder value 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
Encore™, 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
Span-America Medical Systems, Inc.
Jim Ferguson, 864-288-8877, ext.
President and Chief Executive Officer