ATLANTA, Feb. 13, 2012 /PRNewswire/ -- On
February 7, 2012, at its regular
quarterly meeting, the Board of Directors of Crawford & Company
(NYSE: CRDA; CRDB) declared quarterly dividends of
$0.03 per share on the Class A Common
Stock and $0.02 per share on the
Class B Common Stock, payable on March 23,
2012, to shareholders of record as of the close of business
on March 7, 2012. The Company's two
classes of stock are substantially identical, except with respect
to voting rights and the Company's ability to pay greater cash
dividends on the Class A Common Stock than on the Class B Common
Stock, subject to certain limitations. In addition, with respect to
mergers or similar transactions, holders of Class A Common Stock
must receive the same type and amount of consideration as holders
of Class B Common Stock, unless approved by the holders of 75% of
the Class A Common Stock, voting as a class.
About Crawford
Based in Atlanta, Ga., Crawford
& Company (www.crawfordandcompany.com) is the world's largest
independent provider of claims management solutions to the risk
management and insurance industry as well as self-insured entities,
with an expansive global network serving clients in more than 70
countries. The Crawford System of Claims Solutions(SM) offers
comprehensive, integrated claims services, business process
outsourcing and consulting services for major product lines
including property and casualty claims management, workers
compensation claims and medical management, and legal settlement
administration. The Company's shares are traded on the NYSE under
the symbols CRDA and CRDB.
SOURCE Crawford & Company