PADUCAH, Ky., May 20, 2015 /PRNewswire/ -- Computer
Services, Inc. (CSI) (OTCQX: CSVI) announced
that its Board of Directors declared a quarterly cash
dividend of $0.22 per share.
The quarterly cash dividend is payable on
June 25, 2015, to shareholders of
record as of the close of business on June
1, 2015.
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"CSI's cash dividend is an important part in building long-term
value for our shareholders," stated Chief Executive Officer
Steven A. Powless. "This
dividend represents an increase of 37.5% compared with the cash
dividend paid in the same quarter last year, marking our
43rd consecutive year of dividend growth."
About Computer Services, Inc.
Computer Services, Inc. (CSI) delivers core processing, managed
services, mobile and Internet solutions, payments processing, print
and electronic distribution, and regulatory compliance solutions to
financial institutions and corporate customers across the nation.
Exceptional service, dynamic solutions and superior results are the
foundation of CSI's reputation, and have resulted in the company's
inclusion in such top industry-wide rankings as the FinTech 100,
Talkin' Cloud 100 and MSPmentor Top 501 Global Managed Service
Providers List. CSI's stock is traded on OTCQX under the symbol
CSVI. For more information about CSI, visit www.csiweb.com.
Forward-Looking Statements
This news release contains "forward-looking statements" as
that term is defined in the Private Securities Litigation Reform
Act of 1995. All statements except historical statements contained
herein constitute "forward-looking statements." Forward-looking
statements are inherently uncertain and are based only on current
expectations and assumptions that are subject to future
developments that may cause results to differ materially. Readers
should carefully consider: (i) economic, competitive, technological
and governmental factors affecting CSI's operations, customers,
markets, services, products and prices; (ii) risk factors affecting
the financial services information technology industry generally
including, but not limited to, cybersecurity risks that may result
in increased costs to CSI to protect against the risks, as
well as liability or reputational damage to CSI in the event of a
breach of our security; and (iii) other factors discussed in CSI's
Annual Report, Quarterly Reports, Information and Disclosure
Statements and other documents posted from time to time on the
OTCQX website (www.otcqx.com), including without
limitation, the description of the nature of CSI's business and its
management discussion and analysis of financial condition and
results of operations for reported periods. Unless required by law,
CSI undertakes no obligation to update, and is not responsible for
updating, the information contained in this report beyond the
publication date, whether as a result of new information or future
events, or to conform the statement to actual results or changes in
CSI's expectations, or otherwise or for changes made to this
document by wire services or Internet services.
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SOURCE Computer Services, Inc.