Administaff (ticker: ASF, exchange: New York Stock Exchange (.N)) News Release -
20-Aug-2008
Administaff Increases Quarterly Dividend
HOUSTON--(BUSINESS WIRE)--Aug. 20, 2008--Administaff, Inc.
(NYSE:ASF), a leading provider of human resources services for small
and medium-sized businesses, today announced that its board of
directors has approved a quarterly dividend of $0.13 per share. The
cash dividend - representing an increase of $0.02, or 18 percent, over
the prior quarter - will be paid on Sept. 19, 2008, to all
stockholders of record as of Aug. 29, 2008.
Administaff is the nation's leading professional employer
organization (PEO), serving as a full-service human resources
department that provides small and medium-sized businesses with
administrative relief, big-company benefits, reduced liabilities and a
systematic way to improve productivity. The company operates 49 sales
offices in 24 major markets. For additional information, visit
Administaff's Web site at http://www.administaff.com.
CONTACT: Administaff, Inc., Houston
Investor Relations Contact:
Sr. Vice President of Finance,
Chief Financial Officer and Treasurer
Douglas S. Sharp, 281-348-3232
Douglas_Sharp@Administaff.com
or
News Media Contact:
Managing Director of Marketing
and Corporate Communications
Jason Cutbirth, 281-312-3085
Jason_Cutbirth@Administaff.com
SOURCE: Administaff, Inc.
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"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Administaff's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.
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