Message #42 From:
NewsBot Date: December 14, 2006 09:18:00 AM
TGIS News Thomas Group Announces Increase in Annual Dividend Policy and Fourth Quarter Cash 2006 Dividend
IRVING, Texas--(BUSINESS WIRE)--Thomas Group, Inc. (NasdaqGM:TGIS) today announced that it has
increased its annual cash dividend to $0.40 on each outstanding share of
common stock. The annual dividend will be payable quarterly at a rate of
$0.10 per common share. On December 12, 2006, Thomas Group’s
Board of Directors declared a quarterly cash dividend of $0.10 per
common share payable on January 12, 2007 to shareholders of record as of
December 29, 2006.
“We continue to be confident in our ability to
deliver measurable returns to our clients and to effectively contain
cost within our own Company. Our confidence is evidenced by this second
increase in twelve months to our annual dividend policy,”
remarked Jim Taylor, CEO.
The annual cash dividend policy and the payment of future cash dividends
under the policy are subject to the continuing determination by the
board of directors that the policy remains in the best interests of
Thomas Group’s shareholders and compliance
with laws applicable to the declaration and payment of cash dividends.
Thomas Group, Inc. (NasdaqCM:TGIS) is an international, publicly traded
professional services firm specializing in operational improvements.
Thomas Group's unique brand of process improvement and performance
management services enable businesses to enhance operations, improve
productivity and quality, reduce costs, generate cash and drive higher
profitability. Known as The Results Company(SM), Thomas Group creates
and implements customized improvement strategies for sustained
performance improvements in all facets of the business enterprise.
Thomas Group has offices in Dallas, Detroit, and Hong Kong. For
additional information on Thomas Group, Inc., please go to www.thomasgroup.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act:
Statements in this release that are not strictly historical are “forward
looking” statements, which should be
considered as subject to the many uncertainties that exist in the Company’s
operations and business environment. These uncertainties, which include
economic and business conditions that may impact clients and the Company’s
performance-oriented fees, timing of contracts and revenue recognition,
competitive and cost factors, and the like, are set forth in the Company’s
filings from time to time with the Securities and Exchange Commission,
including the Company’s Form 10-K for the
year ended December 31, 2005. Except as required by law, the Company
expressly disclaims any intent or obligation to update any forward
looking statements.
