
By Business Wire | Article Rating: |
|
May 7, 2014 04:16 PM EDT | Reads: |
214 |

VSE Corporation (Nasdaq: VSEC) reported today that the Company's Board of Directors has declared a quarterly dividend of $0.10 per share, an increase of 11%, for an annual payout rate $0.40 per share. The dividend will be paid on August 6, 2014, to stockholders of record as of July 23, 2014.
“Today’s declaration marks the eleventh consecutive year VSE has provided shareholders with a dividend increase,” VSE CEO, Maurice “Mo” Gauthier said. “This increase reflects our commitment to shareholder value and confidence in the future the company.”
VSE has paid cash dividends every year since 1973 and has increased its dividend each year since 2004. The payment and amount of future dividends is subject to authorization by the Board of Directors, and will depend on current conditions, including the Company's earnings, financial condition, working capital requirements, and other factors.
About VSE
Established in 1959, VSE is a diversified federal services company with experience in solving issues of global significance with integrity, agility, and value. VSE is dedicated to making our clients successful by delivering talented people and innovative solutions for supply chain management, logistics, engineering, energy, IT services, and consulting. For additional information regarding VSE services and products, please see the Company's web site at www.vsecorp.com or contact Christine Kaineg, VSE Investor Relations, at (703) 329-3263.
VSE encourages investors and others to review its public filings with the Securities and Exchange Commission for further information and analysis of VSE’s financial condition and results of operations. The public filings include additional discussion about the status of specific customer programs and contract awards, risks, revenue sources and funding, dependence on material customers, and management’s discussion of short and long term business challenges and opportunities.
Safe Harbor
This news release contains statements that to the extent they are not recitations of historical fact, constitute “forward looking statements” under federal securities laws. All such statements are intended to be subject to the safe harbor protection provided by applicable securities laws. For discussions identifying some important factors that could cause actual VSE results to differ materially from those anticipated in the forward looking statements in this news release, see VSE’s public filings with the SEC, including VSE’s Annual Report on Form 10-K for the year ended December 31, 2013 and subsequent reports filed with the SEC.
Published May 7, 2014 Reads 214
Copyright © 2014 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
![]() Feb. 18, 2019 10:00 AM EST |
By Stackify Blog ![]() Feb. 18, 2019 09:45 AM EST |
By Liz McMillan ![]() Feb. 18, 2019 08:45 AM EST Reads: 4,337 |
By Yeshim Deniz Feb. 18, 2019 08:30 AM EST |
By Yeshim Deniz Feb. 18, 2019 08:00 AM EST |
By Yeshim Deniz ![]() Feb. 18, 2019 07:45 AM EST |
By Pat Romanski Feb. 18, 2019 06:00 AM EST |
By Elizabeth White ![]() Feb. 18, 2019 05:45 AM EST |
By Pat Romanski Feb. 18, 2019 05:45 AM EST |
By Janakiram MSV Serverless Computing or Functions as a Service (FaaS) is gaining momentum. Amazon is fueling the innovation by expanding Lambda to edge devices and content distribution network. IBM, Microsoft, and Google have their own FaaS offerings in the public cloud. There are over half-a-dozen open source serverless projects that are getting the attention of developers. Feb. 18, 2019 05:30 AM EST |
By Yeshim Deniz ![]() Feb. 18, 2019 05:30 AM EST |
By Jnan Dash ![]() Feb. 18, 2019 05:00 AM EST |
By Zakia Bouachraoui ![]() Feb. 18, 2019 04:00 AM EST |
By Yeshim Deniz Feb. 18, 2019 03:45 AM EST |
By Liz McMillan ![]() Feb. 18, 2019 03:15 AM EST Reads: 4,643 |