ADAC Declares Regular Quarterly Dividend, Continues Dividend Reinvestment Plan.MILPITAS, Calif.--(BUSINESS WIRE)--July 19, 1995--ADAC Laboratories (ADAC/NASDAQ) today announced that the Board of Directors has approved the payment of the Company's regular quarterly dividend of 12 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. . The dividend will be paid on October 11, 1995 to shareholders of record on September 29, 1995. The Company continues its Dividend Reinvestment & Stock Purchase Plan which has been well received by the shareholders of record with a minimum of 100 shares. As outlined in the prospectus, to be eligible for the investment date, new authorization forms and/or stock purchase checks must be received a minimum of two weeks prior to the end of the quarter (September 15). ADAC ADAC Allgemeiner Deutscher Automobil Club (German automobile club) ADAC Aboriginal Drug and Alcohol Council ADAC Art Directors and Artists Club (Sacramento, California) ADAC Alcohol and Drug Abuse Council Laboratories is recognized as the world market share leader in nuclear medicine and the leading supplier of radiology and laboratory information systems in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . ADAC was one of only six manufacturing companies nationwide to receive a site visit for the Malcolm Baldrige National Quality Award The Malcolm Baldrige National Quality Award is given by the United States National Institute of Standards and Technology. Through the actions of the National Productivity Advisory Committee chaired by Jack Grayson, it was established by the Malcolm Baldrige National Quality in 1994. The company headquarters are in Milpitas, California Milpitas (IPA pronunciation: mɪlpitʌs; inhabitants are called 'Milpitans') is a city in Santa Clara County, California. It is located with San Jose to its south and Fremont to its north, at the eastern end of Highway 237 and generally between Interstate freeways 680 and . CONTACT: ADAC Laboratories Kathleen Call, 408/321-9100 |
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