DENVER, March 12 Birner Dental Management Services, Inc. (Nasdaq: BDMS), operators of PERFECT TEETH dental practices, announced that its board of directors has approved an increase in the Company's quarterly dividend to $.20 per share from $.17 per share. The Company stated that the regular quarterly dividend will have similar record and payment dates in 2010 as in 2009.
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 65 dental offices, of which 38 were acquired and 27 were de novo developments. The Company operates its dental offices under the PERFECT TEETH name.
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 at the announced rate in 2010 and thereafter. 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. Dennis Genty Chief Financial Officer (303) 691-0680
SOURCE Birner Dental Management Services, Inc.