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Compass Diversified Holdings, an owner of leading middle market businesses, announced today that its Board of Directors has declared a quarterly cash distribution of $0.36 per share. The distribution for the three months ended June 30, 2015 is payable on July 29, 2015 to all holders of record as of July 22, 2015.
Alan Offenberg, CEO of Compass Diversified Holdings, stated, “We are pleased to declare our second quarter distribution of $0.36 per share. We have now declared a distribution each quarter since our IPO in May of 2006 and, including this quarter, will have cumulatively distributed $12.4752 per share to our shareholders.”
About Compass Diversified Holdings (CODI)
CODI owns and manages a diverse family of established North American middle market businesses. Each of its current subsidiaries is a leader in its niche market.
CODI maintains controlling ownership interests in each of its subsidiaries in order to maximize its ability to impact long term cash flow generation and value. The Company provides both debt and equity capital for its subsidiaries, contributing to their financial and operating flexibility. CODI utilizes the cash flows generated by its subsidiaries to invest in the long-term growth of the Company and to make cash distributions to its shareholders.
— The manufacture of quick-turn, small-run and production rigid printed circuit boards (Advanced Circuits); — The design and manufacture of promotionally priced upholstered furniture (American Furniture Manufacturing); — The design and manufacture of medical therapeutic support surfaces and other wound treatment devices (Anodyne Medical Device, also doing business and known as Tridien Medical)