DENVER, June 9, 2011 /PRNewswire/ -- Birner Dental Management Services, Inc. (NASDAQ Capital Market: BDMS), operators of PERFECT TEETH™ dental practices and Vantage Dental Implant Center, announced its regular quarterly dividend. The Company's board of directors has declared a quarterly cash dividend of 22 cents per share of common stock. The dividend is payable July 8, 2011, to shareholders of record June 24, 2011.
As previously announced, the Company's board of directors approved an increase in the Company's quarterly dividend to $.22 per share from $.20 per share beginning with this quarterly dividend payment.
Birner Dental Management Services, Inc. acquires, develops, and manages geographically dense dental practice networks in select markets in Colorado, New Mexico, and Arizona. The Company currently manages 64 dental offices, of which 38 were acquired and 26 were de novo developments. The Company operates its dental offices under the PERFECT TEETH™ and Vantage Dental Implant Center names.
Certain of the matters discussed herein may contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from expectations. These include statements regarding the cash flow and financial position of the Company and the ability of the Company to pay dividends. These and other risks are set forth in the reports filed by the Company with the Securities and Exchange Commission.
For Further Information Contact:
Birner Dental Management Services, Inc.
Chief Financial Officer
SOURCE Birner Dental Management Services, Inc.