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BASKING RIDGE, N.J., Feb. 1 -- Hooper Holmes, Inc. (Amex: HH) yesterday announced that its Board of Directors increased the quarterly cash dividend to $.01 per share payable on Thursday, February 28, 2002 to shareholders of record on Thursday, February 14, 2002.
Jim McNamee, Company Chairman and C.E.O. stated, "This level of dividend represents a 33% increase and reflects the Company's cautious optimism regarding the slowly-improving conditions within our core market and our continuing ability to generate solid cash flow and working capital."
Hooper Holmes, Inc. provides health and other underwriting information on insurance policy applicants to the life insurance industry. The Company provides these health information services though over 300 locations nationwide.
Contacts:
Fred Lash, Chief Financial Officer
+1-908-766-5000
or
Investors - Theresa Vogt, Lanie Fladell
Media - Dan Budwick
all of Morgen-Walke Associates, +1-212-850-5600
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