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Mac-Gray Corporation Declares Regular Quarterly Dividend

June 1, 2011

WALTHAM, Mass., June 1, 2011 /PRNewswire/ — The Board of Directors of Mac-Gray Corporation (NYSE: TUC), the nation’s premier provider of laundry facilities management services to multi-unit housing locations, has declared a quarterly dividend of $0.055 per share on the Company’s Common Stock payable on July 1, 2011, to stockholders of record at the close of business on June 15, 2011.

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 approximately 86,000 laundry rooms located in 43 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
Chief Financial Officer
Mac-Gray Corporation
781-487-7610
Email: mshea@macgray.com

Jim Buckley
Executive Vice President
Sharon Merrill Associates, Inc.
617-542-5300
Email: tuc@investorrelations.com

SOURCE Mac-Gray Corporation


Source: newswire



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