ARLINGTON, Va., May 9, 2013 /PRNewswire/ -- The Corporate Executive Board Company (CEB) (NYSE: CEB), the leading member-based advisory company, announced today that its Board of Directors has approved a cash dividend on its common stock for the second quarter of 2013 of $0.225 per share. The Company will fund its dividend payments with cash on hand and cash generated from operations. The dividend is payable on June 28, 2013 to stockholders of record at the close of business on June 14, 2013.
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CEB is the leading member-based advisory company. By combining the best practices of thousands of member companies with our advanced research methodologies and human capital analytics, we equip senior leaders and their teams with insight and actionable solutions to transform operations. This distinctive approach, pioneered by CEB, enables executives to harness peer perspectives and tap into breakthrough innovation without costly consulting or reinvention. The CEB member network includes more than 18,000 executives and the majority of top companies globally. In 2012, CEB acquired SHL, the leader in talent measurement solutions. Headquartered in London with offices in North and South America, Europe, the Middle East, Africa, Asia and Australia/New Zealand, SHL delivers more than 30 million assessments annually in over 30 languages, and supports more than 10,000 business customers. For more information visit www.executiveboard.com.
Richard S. Lindahl, Chief Financial Officer, (571) 303-6956, firstname.lastname@example.org