Alliance Imaging pays annual cash dividend on Series A Cumulative Preferred Stock.ORANGE, Calif.--(BUSINESS WIRE)--April 11, 1996--Alliance Imaging Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :SCAN), the nation's largest provider of hospital-based fixed-site and mobile magnetic resonance imaging magnetic resonance imaging (MRI), noninvasive diagnostic technique that uses nuclear magnetic resonance to produce cross-sectional images of organs and other internal body structures. (MRI 1. (application) MRI - Magnetic Resonance Imaging. 2. MRI - Measurement Requirements and Interface. ) and computed tomography Computed tomography (CT scan) X rays are aimed at slices of the body (by rotating equipment) and results are assembled with a computer to give a three-dimensional picture of a structure. (CT) services, Thursday announced that its board of directors declared an annual cash dividend of $6 per share for the Company's Series A Cumulative Preferred Stock Cumulative preferred stock Preferred stock whose dividends accrue, should the issuer not make timely dividend payments. Related: Non-cumulative preferred stock. , payable April 29, 1996, to shareholders of record at the close of business on March 28, 1996. The annual dividend was reflected in previously reported results for the year ended Dec. 31, 1995. The Series A Cumulative Preferred Stock was issued in private transactions as of Dec. 31, 1994, and does not trade on the public markets. Alliance Imaging Inc., is a leading provider of comprehensive diagnostic imaging services to hospitals and other health care providers. Services are provided on either a mobile, shared-user basis or a full-time single-user basis. The company currently operates 81 MRI and 10 CT units nationwide. CONTACT: Alliance Imaging Terrence M. White, 714/921-5656 or South Coast Communications Group Marty Tullio (investors), 714/252-8440 Owen Daley (media), 714/252-8440 |
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