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Last updated on April 24, 2014 at 21:24 EDT

Mac-Gray Corporation Declares Regular Quarterly Dividend

December 6, 2013

WALTHAM, Mass., Dec. 6, 2013 /PRNewswire/ — The Board of Directors of Mac-Gray Corporation (NYSE: TUC), the nation’s premier provider of laundry facilities management services to multi-family housing, has declared a quarterly dividend of $0.0875 per share on the Company’s Common Stock payable on January 3, 2014 to stockholders of record at the close of business on December 16, 2013.

About Mac-Gray Corporation
Founded in 1927, Mac-Gray derives its revenue principally through the contracting of debit-card- and coin-operated laundry facilities in multi-unit housing facilities such as apartment buildings, college and university residence halls, condominiums and public housing complexes. Mac-Gray manages laundry rooms in 44 states and the District of Columbia. Mac-Gray also sells and services commercial laundry equipment to retail laundromats and other customers through its product sales division. To learn more about Mac-Gray, visit the Company’s website at www.macgray.com.

    Contacts:

    Michael J. Shea                     Scott Solomon

    Chief Financial Officer            Vice President

    Mac-Gray Corporation               Sharon Merrill

    781-487-7610                         617-542-5300

    mshea@macgray.com       tuc@investorrelations.com

SOURCE Mac-Gray Corporation


Source: PR Newswire