Kelly Services Increases Quarterly Dividend 25%
TROY, Mich., Aug. 8 /PRNewswire-FirstCall/ -- Kelly Services, Inc., (Nasdaq: KELYA KELYB), a global staffing solutions provider, today announced that its Board of Directors declared a quarterly cash dividend of 12.5 cents per share, an increase from 10 cents per share on Kelly Services Class A and Class B common stock. The dividend is payable September 1, 2006 to stockholders of record at the close of business on August 22, 2006.
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"We're pleased that Kelly's record sales and strong operating results have given us the ability to deliver a 25% dividend increase to our stockholders," said Terence E. Adderley, chairman, and Carl Camden, president and CEO. "With continued solid performance we look forward to further enhancing shareholder value. We're equally proud of Kelly's record of paying a dividend for 43 consecutive years -- an achievement very few companies share."
Kelly Services stock may be purchased directly through the company's Direct Stock Purchase Plan. In addition, investors may sign up for direct investment online through Netstock Direct's web site http://www.netstockdirect.com . Investors may also automatically reinvest their dividends through Kelly's Dividend Reinvestment Plan. For more information, visit Kelly's web site at http://www.kellyservices.com , or call 1-866-249-2607.
About Kelly Services
Kelly Services, Inc. (Nasdaq: KELYA KELYB) is a Fortune 500 company headquartered in Troy, Mich., offering staffing solutions that include temporary staffing services, outsourcing, vendor on-site and full-time placement. Kelly operates in 30 countries and territories. Kelly provides employment to more than 700,000 employees annually, with skills including office services, accounting, engineering, information technology, law, science, marketing, light industrial, education, health care and home care. Revenue in 2005 was $5.3 billion. Visit http://www.kellyservices.com .
SOURCE
Kelly Services, Inc.
CONTACT:
Analyst Contact: James Polehna, +1-248-244-4586, james_polehna@kellyservices.com , or
Media Contact: Renee Walker, +1-248-244-5362, renee_walker@kellyservices.com
both of Kelly Services,