The Board of Directors of Superior Uniform Group Inc declared a quarterly dividend of $.135 per share, payable May 30th 2006, to shareholders of record May 17th 2006.
Michael Benstock, CEO, said, "We are pleased to see the improved operating results that we reported for the first quarter of 2006 and also are proud to begin our 30th consecutive year of paying dividends.”
“We are optimistic about our future prospects and we believe our stock continues to be undervalued. The Board has reaffirmed its commitment to the outstanding stock repurchase program and has increased the shares available to repurchase. The previous authorization of 750,000 shares had approx. 53,000 shares remaining. The Board has increased the outstanding authorization to allow for the repurchase of 750,000 additional shares of stock," he added.
Superior Uniform Group, through its Signature marketing brands -- Fashion Seal, Fashion Seal Healthcare, Martin's, Worklon, Sope Creek and UniVogue -- manufactures and sells a wide range of uniforms, image apparel and accessories.
Superior Uniform Group Inc