Almost Family Announces Special Dividend of $2 per Share
Almost Family, Inc. (NASDAQ: AFAM) announced today that the Board of Directors has declared a special cash dividend of $2.00 per common share to shareholders of record on December 20, 2012 and payable on December 28, 2012.
William B. Yarmuth, chairman and chief executive officer of Almost Family commented on this action. "After due deliberation, it is the view of our Board of Directors that it is appropriate at this time to return to our shareholders a small portion of our available capital. We continue to believe strongly in the future of home health care and the critical role it will play in helping our nation control the rate of growth in health care spending. Our strong balance sheet and favorable credit relationships allow us to provide shareholders with this dividend, while also preserving the financial and operational flexibility to continue to grow our business both organically and through acquisitions as opportunities present themselves."
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.