Radiant Logistics Declares Dividend on its Series A Cumulative Redeemable Perpetual Preferred Stock
BELLEVUE, WA, April 15, 2016 – Radiant Logistics, Inc. (NYSE MKT: RLGT), a domestic and international freight forwarding and logistics services company, today announced that in accordance with the terms of its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock (RLGTPA) (the “Series A Preferred Stock”), the Board of Directors has declared a cash dividend of $0.609375 per share. The dividend is payable with respect to the period commencing on January 31, 2016 and ending on April 29, 2016. The dividend is payable on May 2, 2016 to preferred stockholders of record as of April 29, 2016.
About Radiant Logistics (NYSE MKT: RLGT)
Radiant Logistics, Inc. (www.radiantdelivers.com) is a comprehensive North American provider of third party logistics and multimodal transportation services delivering advanced supply chain solutions through a network of company-owned and strategic operating partner locations across North America. The company operates under the Radiant, Wheels, Airgroup, Adcom, Distribution By Air, Service By Air and On-Time Express brands providing domestic and international freight forwarding services, truck and rail brokerage services and other value-added supply chain management services, including customs brokerage, order fulfillment, inventory management and warehousing to a diversified account base including manufacturers, distributors and retailers using a network of independent carriers and international agents positioned strategically around the world.