BUFFALO, N.Y., May 9, 2013 /PRNewswire/ -- CTG (NASDAQ:
CTGX), an information technology (IT) solutions and services
company, today announced that its board of directors has declared a
$0.05 per share dividend on the
Company's common stock outstanding, payable in cash on July 1, 2013 to shareholders of record on
June 14, 2013.
CTG Chairman and Chief Executive Officer James R. Boldt commented, "We are pleased to
announce the declaration by CTG's board of directors of our second
quarterly cash dividend since the board initiated a quarterly cash
dividend earlier this year of five
cents per common share that was paid on April 1. Based
on CTG's record of earnings growth over several years, significant
cash flows, and favorable future outlook, we are confident in our
ability to fund a regular quarterly dividend, as well as further
investments in our business and share repurchases."
About CTG
CTG develops innovative IT solutions to address the business
needs and challenges of companies in several higher-growth
industries including healthcare, financial services, energy, and
technology services. As a leading provider of IT and business
consulting solutions to the healthcare market, CTG offers
hospitals, physician groups, and health information exchanges a
full range of electronic medical record services.
Additionally, CTG has developed for the healthcare provider and
payer markets unique, proprietary software solutions that support
better and lower cost healthcare. CTG also provides managed
services IT staffing for major technology companies and large
corporations. Backed by over 45 years' experience,
proprietary methodologies, and an ISO 9001-certified management
system, CTG has a proven track record of delivering high-value,
industry-specific solutions. CTG operates in North America and Western Europe. CTG
posts news and other important information on the Web at
www.ctg.com.
Safe Harbor Statement
This document contains certain forward-looking statements
concerning the Company's current expectations as to future growth.
These statements are based upon a review of industry reports,
current business conditions in the areas where the Company does
business, the availability of qualified professional staff, the
demand for the Company's services, and other factors that involve
risk and uncertainty. As such, actual results may differ materially
in response to a change in such factors. Such forward-looking
statements should be read in conjunction with the Company's
disclosures set forth in the Company's 2012 Form 10-K, which is
incorporated by reference. The Company assumes no obligation to
update the forward-looking information contained in this
release.
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SOURCE CTG