Astro-Med Declares an Extra Dividend Before Year End
WEST WARWICK, RI -- (Marketwire) -- 12/18/12 -- The Board of
Directors of Astro-Med, Inc. (NASDAQ: ALOT) on December 17, 2012
declared a special cash dividend of $0.07 per share, payable on
December 31, 2012 to shareholders of record as of December 27, 2012.
This dividend is in addition to the Company's regular quarterly $0.07
dividend declared on November 19th and payable on December 27, 2012.
"Given the uncertainty of the federal tax treatment of dividends, the
Board felt it was in the best interests of our shareholders to
declare this additional dividend," stated Everett V. Pizzuti,
President and Chief Executive Officer.
About Astro-Med, Inc.
Astro-Med, Inc. is a leading manufacturer of specialty high tech
printing systems, electronic medical instrumentation, and test and
measurement data acquisition systems. Astro-Med, Inc. products are
sold under the brand names Astro-Med(R), Grass(R) Technologies and
QuickLabel(R) Systems, and are employed around the world in a wide
range of aerospace, medical, military, industrial, labeling and
packaging applications. Astro-Med, Inc. is a member of the Russell
Microcap(R) Index. Additional information is available by visiting
Safe Harbor Statement
This news release contains forward-looking statements, and actual
results may vary from those expressed or implied herein. Factors that
could affect these results include those mentioned in Astro-Med's
FY2012 annual report and its annual and quarterly filings with the
Securities and Exchange Commission.
Everett V. Pizzuti
Joseph P. O'Connell
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