Attached files
file | filename |
---|---|
8-K - FORM 8-K - ModivCare Inc | prsc20151214_8k.htm |
Exhibit 99.1
|
AT THE COMPANY |
AT CAMERON ASSOCIATES |
David Shackelton – Chief Financial Officer |
Alison Ziegler 212/554-5469 |
520/747-6600 |
|
FOR IMMEDIATE RELEASE
The Providence Service Corporation Declares Dividend on Convertible Preferred Stock
TUCSON, ARIZONA – December 14, 2015 -- The Providence Service Corporation (Nasdaq: PRSC) (the “Company”), today announced that its Board of Directors has declared a cash dividend on its 5.5%/8.5% Series A convertible preferred stock. The dividend is payable on January 1, 2016 to holders of record as of 5:00 p.m. New York City time on December 15, 2015. The dividend will be paid at a rate of 5.5% per annum, which is equal to approximately $1.38630 per share of convertible preferred stock.
About Providence
The Providence Service Corporation provides and manages multiple healthcare and social services, comprised of non-emergency transportation services, workforce development services, legal offender rehabilitation services, and health assessment services in the United States and abroad. For more information, please visit prscholdings.com.
###