Breaking News

CPAC declares quarterly dividend

June 13, 2005
/ Print / Reprints /
ShareMore
/ Text Size+
LEICESTER, NY - June 10, 2005 - The board of directors of CPAC, Inc. declared a quarterly cash dividend in the amount of $0.07 per share, payable on June 28 to shareholders of record at the close of business on June 22, 2005.

The company expects to report a loss for the full fiscal year ended March 31, 2005, in the range of $.77 to $.79 per share (approximately $3.7 to $3.9 million). This will include a valuation reserve of approximately $3.1 million against certain deferred tax assets, and an impairment charge of approximately $500,000 against an investment.

These two adjustments, recorded in the fourth quarter, are non-cash charges. The company is in the process of finalizing year-end audit and financial statement presentations. Final results and full details will be released within two weeks.

Did you enjoy this article? Click here to subscribe to i Cleaning Specialist Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

The 2013 Experience Convention & Trade Show

A look back in photos at the 2013 Experience Convention & Trade Show in Las Vegas.

THE MAGAZINE

ICS Cleaning Specialist Magazine

cover_image

2014 April

Take a look at the April 2014 issue with features on air movers, going green, carpet cleaning and new products & technologies.

Table Of Contents Subscribe

Social Media

Social media is a good way to regularly keep in touch and interact with current clients and reach potential ones. What social mediums do you use in your cleaning/restoration business?
View Results Poll Archive

THE ICS STORE

Get Paid! book cover
Get Paid! (ebook)
Over 30 authors – over 40 articles…from attorneys, contractors, consultants, instructors and others, both inside and outside the restoration industry. R & R, C & R and Cleanfax, opened their archives and gave us the best they had, other chapters were created just for the “Get Paid!” book and its readers. And every one of them has ideas for how to get paid what you are owed.

More Products

ICS DIRECTORY AND BUYING GUIDE

Director_Buyer.jpgThe premier resource and reference guide for the cleaning and restoration industries.

Click here to view

TRUCKMOUNT EQUIPMENT AND ACCESSORIES GUIDE

Truckmount.jpgEquipment listings and specifications from the leading industry manufacturers.

Click here to view

STAY CONNECTED

facebook_40.png twitter_40px.png youtube_40px.pngcrc logo