The Dolan Company (NYSE: DM), a leading provider of professional services and business information to the legal, financial and real estate sectors in the United States, today announced that it has declared a cash dividend on its 8.5% Series B Cumulative Preferred Stock for the period beginning July 2, 2013, through October 1, 2013, in the amount of $0.53125 per share. The dividend will be payable on October 1, 2013, to holders of record as of September 13, 2013.
The Dolan Company is a leading provider of professional services and business information to the legal, financial and real estate sectors. Its Professional Services Division provides specialized outsourced services to the legal profession through its subsidiaries, NDeX, DiscoverReady and Counsel Press. NDeX is a leading provider of mortgage default processing services in the United States. DiscoverReady provides outsourced discovery management, including document review and data hosting and processing services, to major corporations and law firms. Counsel Press is the largest provider of appellate services in the United States. The company's Business Information Division publishes business journals, court and commercial media and other highly focused information products and services, operates web sites and produces events for targeted legal and professional audiences in each of the 19 geographic markets it serves across the United States.
Statement Regarding Forward Looking InformationThis release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not historical or current facts are forward-looking statements. Forward-looking statements are subject to risks, uncertainties and other factors that are difficult to predict and many of which are beyond management’s control. These risks, uncertainties and other factors include, but are not limited to, those described under “Risk Factors” in Item 1A of our annual report on Form 10-K for the year ended December 31, 2012, filed with the SEC on March 8, 2013, and those described under “Risk Factors” in our Prospectus Supplement filed with the SEC on January 25, 2013. We undertake no obligation to update any forward-looking statements in light of new information or future events.