CSI Announces Increased Dividend
CSI Announces Increased Dividend
HECTOR, Minn., Dec. 6 /PRNewswire-FirstCall/ -- Communications Systems, Inc. (AMEX:JCS) announced that the Company's Board of Directors has declared a cash dividend of $.06 per share of common stock payable to shareholders of record on December 17, 2004. The dividend will be distributed on January 3, 2005.
The Company also stated the $.06 per share dividend to be paid January 3, 2005 represents an increase of $.01 per share from the dividend paid October 1, 2004 and $.02 increase from the January 2, 2004 dividend of $.04 per share.
Communications Systems, Inc. provides physical connectivity infrastructure and services for cost-effective broadband solutions and is a leading supplier of voice-grade connecting devices and wiring systems. CSI serves the broadband network market as the world's leading supplier of media conversion technology, which permits networks to deploy fiber optic technology, while retaining the copper-based infrastructure already embedded in the network. In addition, CSI supplies copper wire and fiber optic structured wiring systems for broadband networks, as well as the line filters for digital subscriber line service. CSI also provides network design, training and management services.
CSI is traded on the American Stock Exchange under the symbol JCS. For more information on CSI, please visit http://www.commsysinc.com/ .
Source: Communications Systems, Inc.
CONTACT: Curtis A. Sampson, Chairman and Chief Executive Officer,
Jeffrey K. Berg, President and Chief Operating Officer, or Paul N. Hanson,
Vice President - Finance, all of Communications Systems, Inc.,
+1-320-848-6231
Web site: http://www.commsystems.com/
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