Mac-Gray Corporation Declares Regular Quarterly Dividend

Dec 01, 2010, 08:30 ET from Mac-Gray Corporation

WALTHAM, Mass., Dec. 1, 2010 /PRNewswire-FirstCall/ -- The Board of Directors of  Mac-Gray Corporation (NYSE: TUC), the nation's premier provider of laundry facilities management services to multi-unit housing locations, has declared a quarterly dividend of $0.05 per share on the Company's Common Stock payable on January 3, 2011, to stockholders of record at the close of business on December 15, 2010.

About Mac-Gray Corporation

Founded in 1927, Mac-Gray derives its revenue principally through the contracting of debit-card- and coin-operated laundry facilities in multi-unit housing facilities such as apartment buildings, college and university residence halls, condominiums and public housing complexes. Mac-Gray manages approximately 88,000 laundry rooms located in 43 states and the District of Columbia. Mac-Gray also sells and services commercial laundry equipment to retail laundromats and other customers through its product sales division. To learn more about Mac-Gray, visit the Company's website at www.macgray.com.

Contacts:

Michael J. Shea

Chief Financial Officer  

Mac-Gray Corporation

781-487-7610

Email: mshea@macgray.com

Jim Buckley

Executive Vice President

Sharon Merrill Associates, Inc.

617-542-5300

Email: tuc@investorrelations.com

SOURCE Mac-Gray Corporation



RELATED LINKS

http://www.macgray.com