WISCONSIN RAPIDS, Wis.,
April 21 /PRNewswire-FirstCall/ --
Renaissance Learning™, Inc., (Nasdaq: RLRN), a leading provider of
technology to support personalized practice, differentiated
instruction, and progress monitoring in reading, math, and writing
for pre-K–12 schools and districts, announced that its Board of
Directors increased the quarterly cash dividend by 14%, from
$.07 per share to $.08 per share. The cash dividend of
$.08 per share is payable
June 1, 2010 to shareholders of
record as of May 7, 2010.
(Logo:
http://www.newscom.com/cgi-bin/prnh/20001108/RENAISSANCELOGO)
"Today's Board action is a reflection of our confidence in the
company's long-term growth prospects, strong cash flow and overall
financial strength," commented Terrance D.
Paul, Chief Executive Officer.
Renaissance Learning, Inc.
Renaissance Learning, Inc. is the world's leading provider of
computer-based assessment technology for pre-K–12 schools. Adopted
by more than 72,000 schools, Renaissance Learning's tools provide
daily formative assessment and periodic progress-monitoring
technology to enhance core curriculum, support differentiated
instruction, and personalize practice in reading, writing and math.
Renaissance Learning products help educators make the practice
component of their existing curriculum more effective by providing
tools to personalize practice and easily manage the daily
activities for students of all levels. As a result, teachers using
Renaissance Learning products accelerate learning, get more
satisfaction from teaching, and help students achieve higher test
scores on state and national tests. Renaissance Learning has seven
U.S. locations and subsidiaries in Canada and the United Kingdom.
SOURCE Renaissance Learning, Inc.