Mac-Gray Corporation Declares Regular Quarterly Dividend
WALTHAM, Mass., Sept. 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 October 1, 2011, to stockholders of record at the close of business on September 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.
Michael J. Shea
Chief Financial Officer
Executive Vice President
SOURCE Mac-Gray Corporation