Abrams (NASDAQ:ABRI)
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Abrams Declares Quarterly Dividend
ATLANTA, May 20 /PRNewswire-FirstCall/ -- ABRAMS INDUSTRIES, INC.
(NASDAQ:ABRI), an energy services, facilities solutions and real estate
company, today reported that the Board of Directors declared a dividend in the
amount of $.04 per share, the Company's 104th consecutive quarterly dividend,
payable June 23, 2005, to shareholders of record June 6, 2005.
Established in 1925, Abrams Industries, operating nationwide through its wholly
owned subsidiaries, offers a variety of energy efficiency services and facility
resource management solutions, and engages in commercial real estate investment
and development. The Company provides energy engineering and analytical
consulting services, Web-enabled service and maintenance management software
solutions, and turnkey implementation of energy saving lighting programs and
related energy services, which help its customer base of energy services
companies and multi-site owners and operators of office, hospitality, retail,
educational, institutional, industrial, residential, government, and health
care buildings, proactively manage facility resources and reduce energy
consumption and other facility-related expenses, while improving occupant
satisfaction. The Company also currently owns or controls over 800,000 square
feet of shopping centers in the Midwest and Southeast and more than 200,000
square feet of office properties in metropolitan Atlanta, Georgia. For more
information about Abrams Industries, please visit
http://www.abramsindustries.com/ or call 770-953-0304.
Certain statements contained in this news release are forward-looking
statements within the meaning of the federal securities laws. Such forward-
looking statements involve known and unknown risks, uncertainties and other
matters which may cause the actual results, performance or achievements of
Abrams Industries, Inc. to be materially different from any past or future
results, performance, or uncertainties expressed or implied by such forward-
looking statements. Abrams Industries, Inc. does not undertake to update these
forward-looking statements.
DATASOURCE: Abrams Industries, Inc.
CONTACT: Alan R. Abrams, Co-Chairman, President & Chief Executive
Officer of Abrams Industries, Inc., +1-770-953-0304, or
Web site: http://www.abramsindustries.com/