Business Services Industry
Capital Title Group Declares Quarterly Cash Dividend
Business Wire, Feb 21, 2006
SCOTTSDALE, Ariz. -- Capital Title Group Inc. (Nasdaq: CTGI) -- named for a second consecutive year in FORTUNE'S 100 Fastest Growing Companies in America in 2005 -- is a national provider of title, appraisal and other transaction services to the real estate and mortgage lending industries. The company announced today that its board of directors has declared a quarterly cash dividend of $.02 per common share. The quarterly cash dividend is payable on March 31, 2006 to shareholders of record on March 17, 2006.
Headquartered in Scottsdale, Ariz., Capital Title Group Inc., through its subsidiaries, offers services throughout the United States for title insurance, appraisal and valuation services, and other related services to residential and commercial customers in the real estate and mortgage lending industries. Subsidiary companies include -- Capital Title Agency, New Century Title Co., United Title Co., First California Title Co., Land Title of Nevada, CTG Real Estate Information Services, Nationwide Appraisal Services, Nationwide TotalFlood Services Inc., NAC1031 Exchange Services, 1031 ExchangePoint Inc. and AdvantageWare -- with strategically located offices in Arizona, California, Nevada, Pennsylvania and Texas. The company is also licensed to issue and underwrite title insurance policies in Arizona, California, Florida, Nevada, New York, Pennsylvania and Texas, through United Capital Title Insurance Co. The combined companies have in excess of 2,500 employees.
Visit our Web sites for more information on the company and its subsidiaries:
www.capitaltitlegroup.com www.capitaltitle.com www.nationwide-totalflood.com www.landtitlenv.com www.nationwidesolution.com www.unitedtitle.com www.newcenturytitle.com www.firstcal.com www.awiware.com www.nascopgh.com www.nac1031.com www.1031exchangepoint.com
Certain statements in this release may be "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of capital expenditures; projections of growth; hiring plans; plans for future operations; financing needs or plans; plans relating to the company's products and services; and assumptions relating to the foregoing.
Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information.
Some of the important factors that could cause the company's actual results to differ materially from those projected in forward-looking statements made by the company include, but are not limited to, the following: fluctuations in interest rates that can affect operating results, intense competition, past and future acquisitions, expanding operations into new markets, risk of business interruption, management of rapid growth, need for additional financing, changing customer demands, dependence on key personnel, sales and income tax uncertainty and increasing marketing, management, occupancy and other administrative costs.
These factors are discussed in greater detail in the company's Annual Report on Form 10-K for the year ended Dec. 31, 2004, as filed with the Securities and Exchange Commission.
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