MILWAUKEE, Dec. 19, 2014 (GLOBE NEWSWIRE) -- Jason Industries, Inc. (Nasdaq:JASN) (Nasdaq:JASNW) (the "Company" or "Jason"), parent company to a global family of manufacturing leaders in the seating, finishing, automotive acoustics, and components markets, today announced that its Board of Directors has declared a quarterly cash dividend payment on the Company's 8.0% Series A Convertible Perpetual Preferred Stock ("Series A Preferred Stock").
The dividend on the Series A Preferred Stock will be payable on January 1, 2015, to holders of record at the close of business on November 15, 2014. The quarterly payment will be $20.00 per share.
About Jason Industries
The Company is the parent company to a global family of manufacturing leaders within the seating, finishing, components and automotive acoustics markets, including Assembled Products (Buffalo Grove, Ill.), Janesville Acoustics (Southfield, Mich.), Metalex (Libertyville, Ill.), Milsco (Milwaukee, Wis.), Osborn (Richmond, Indiana and Burgwald, Germany) and Sealeze (Richmond, Va.). All Jason companies utilize the Jason Business System, a collaborative manufacturing strategy applicable to a diverse group of companies that includes business principles and processes to ensure best-in-class results and collective strength. Headquartered in Milwaukee, Wis., Jason employs more than 4,000 individuals in 15 countries.