The Dolan Company Declares Quarterly Cash Dividend for Preferred Stock
MINNEAPOLIS--(BUSINESS WIRE)-- The Dolan Company (DM), a leading provider of professional services and business information to the legal, financial and real estate sectors in the United States, today announced that it has declared a cash dividend on its 8.5% Series B Cumulative Preferred Stock for the period beginning February 1, 2013, through April 1, 2013, in the amount of $0.35417 per share. The dividend is payable on April 1, 2013, to holders of record on March 15, 2013.
The Dolan Company is a leading provider of professional services and business information to the legal, financial and real estate sectors. Its Professional Services Division provides specialized outsourced services to the legal profession through its subsidiaries NDeX, DiscoverReady and Counsel Press. NDeX is a leading provider of mortgage default processing services in the United States. DiscoverReady provides outsourced discovery management, including document review and data hosting and processing services, to major corporations and law firms. Counsel Press is the largest provider of appellate services in the United States. The company's Business Information Division publishes business journals, court and commercial media and other highly focused information products and services, operates web sites and produces events for targeted legal and professional audiences in each of the 19 geographic markets it serves across the United States.
Statement Regarding Forward Looking Information
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not historical or current facts are forward-looking statements. Forward-looking statements are subject to risks, uncertainties and other factors that are difficult to predict and many of which are beyond managements control. These risks, uncertainties and other factors include, but are not limited to, those described under Risk Factors in Item 1A of our annual report on Form 10-K for the year ended December 31, 2011, filed with the SEC on March 9, 2012, and those described under Risk Factors in our Prospectus Supplement filed with the SEC on January 25, 2013. We undertake no obligation to update any forward-looking statements in light of new information or future events.
The Dolan Company
Bob Evans, 612-317-9430
Director of Business Development and Investor Relations
Source: The Dolan CompanyCopyright Business Wire 2013