0000102752-14-000043.txt : 20140508 0000102752-14-000043.hdr.sgml : 20140508 20140508164400 ACCESSION NUMBER: 0000102752-14-000043 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20140507 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20140508 DATE AS OF CHANGE: 20140508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VSE CORP CENTRAL INDEX KEY: 0000102752 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ENGINEERING SERVICES [8711] IRS NUMBER: 540649263 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-03676 FILM NUMBER: 14825612 BUSINESS ADDRESS: STREET 1: 6348 WALKER LANE CITY: ALEXANDRIA STATE: VA ZIP: 22310 BUSINESS PHONE: 7039604600 MAIL ADDRESS: STREET 1: 6348 WALKER LANE CITY: ALEXANDRIA STATE: VA ZIP: 22310 FORMER COMPANY: FORMER CONFORMED NAME: VALUE ENGINEERING CO DATE OF NAME CHANGE: 19790612 8-K 1 vseform8-k.htm VSE CORPORATION FORM 8-K DATED MAY 7, 2014 vseform8-k.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
 
Date of Report (Date of earliest event reported):  May 7, 2014
 
VSE CORPORATION
(Exact name of registrant as specified in its charter)
 
 
Delaware
(State or Other Jurisdiction
of Incorporation)
 
0-3676
 (Commission File Number)
 
54-0649263
 (IRS Employer
Identification Number)
 
 
6348 Walker Lane
   
Alexandria, VA
 
22310
(Address of Principal Executive Offices)
 
(Zip Code)
 
 
(703) 960-4600
(Registrant's Telephone Number, Including Area Code)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 
VSE CORPORATION

 
Item 8.01    Other Events

 
On May 7, 2014, VSE Corporation issued a press release announcing that the Board of Directors declared an 11% increase in its quarterly dividend to $0.10 per share to be paid on August 6, 2014 to stockholders of record as of July 23, 2014. The Board of Directors approved the dividend on May 7, 2014.  A copy of the press release is attached as Exhibit 99.1.
 
 
Item 9.01.    Financial Statements and Exhibits
 
Exhibit 99.1  Press release dated May 7, 2014, entitled, "VSE Declares a $0.10 per Share Cash Divided."
 



SIGNATURES
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
   
VSE CORPORATION
   
(Registrant)
     
Date: May 8, 2014
 
/s/ Thomas M. Kiernan
   
Thomas M. Kiernan
   
Vice President, General Counsel and Secretary


 
EX-99.1 2 exhibit99-1.htm PRESS RELEASE DATED MAY 7, 2014 exhibit99-1.htm
 
Exhibit 99.1
 
 
 
VSE Declares a $0.10 per Share Cash Dividend
Board Authorizes 11% Increase in Payout Rate

Alexandria, Virginia, May 7, 2014 - VSE Corporation (Nasdaq: VSEC) reported today that the Company's Board of Directors has declared a quarterly dividend of $0.10 per share, an increase of 11%, for an annual payout rate $0.40 per share. The dividend will be paid on August 6, 2014, to stockholders of record as of July 23, 2014.
"Today's declaration marks the eleventh consecutive year VSE has provided shareholders with a dividend increase," VSE CEO, Maurice "Mo" Gauthier said. "This increase reflects our commitment to shareholder value and confidence in the future the company."
VSE has paid cash dividends every year since 1973 and has increased its dividend each year since 2004. The payment and amount of future dividends is subject to authorization by the Board of Directors, and will depend on current conditions, including the Company's earnings, financial condition, working capital requirements, and other factors.

About VSE                                                                                                                              
Established in 1959, VSE is a diversified federal services company with experience in solving issues of global significance with integrity, agility, and value. VSE is dedicated to making our clients successful by delivering talented people and innovative solutions for supply chain management, logistics, engineering, energy, IT services, and consulting. For additional information regarding VSE services and products, please see the Company's web site at www.vsecorp.com or contact Christine Kaineg, VSE Investor Relations, at (703) 329-3263.

VSE encourages investors and others to review its public filings with the Securities and Exchange Commission for further information and analysis of VSE's financial condition and results of operations. The public filings include additional discussion about the status of specific customer programs and contract awards, risks, revenue sources and funding, dependence on material customers, and management's discussion of short and long term business challenges and opportunities.

Safe Harbor
This news release contains statements that to the extent they are not recitations of historical fact, constitute "forward looking statements" under federal securities laws. All such statements are intended to be subject to the safe harbor protection provided by applicable securities laws. For discussions identifying some important factors that could cause actual VSE results to differ materially from those anticipated in the forward looking statements in this news release, see VSE's public filings with the SEC, including VSE's Annual Report on Form 10-K for the year ended December 31, 2013 and subsequent reports filed with the SEC.

VSE Financial News Contact: Christine Kaineg -- (703) 329-3263.
GRAPHIC 3 vselogo2012.jpg begin 644 vselogo2012.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_X1#Z17AI9@``34T`*@````@`!`$[``(` M```0```(2H=I``0````!```(6IR=``$````@```0TNH<``<```@,````/@`` M```FMC.60G/SX- M"CQX.GAM<&UE=&$@>&UL;G,Z>#TB861O8F4Z;G,Z;65T82\B/CQR9&8Z4D1& M('AM;&YS.G)D9CTB:'1T<#HO+W=W=RYW,RYO&UL;G,Z7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7& MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$! M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$" M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$ MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4 MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#Z1HHK-U_0 M+'Q)I,FGZFC-$W*LCE61L$!@1W&::M?4&:5%?)$-NWAKXE1Z3XNGN)+*UO!' M//#<'.T@@_2OK.WCBAMHHK<`0H@6,*<@*!QC\*WK4?96UO.W^SI(P7:0"68GDY+=3T%5"@I6L^E] MB95+=#Z,@O;6Z)%M&.:9IL>.9;'2=2O4M'CCD M5!I_P#"I=$**W]M:RLD@PB_VCR/5F.,#Z5:EI++*+@SR M[A"WEOC=S@@G&..M;_Q,U%X_!T<45X+>&ZU..VNYHV`:.W9SN(/88`&?0U#I M+F2B[W*YW9MH]`6XA?[DJ-]&!J3(SC/(KR76=-T/PC)J[^$M2:.].C/*FGI( M9T^7I*=V=K>ASSSQ6%<:=I>A>&_#FN^&]0E76[JYMDD<7):2[\S_`%@(W8(Z M]N,8IJ@GJG^`G4:Z'N]%?.&KVTTO_"8ZB--NKM[34)0FI#4?*-KT(/EALMC. M>,]<5LZO$VJ^.1#=6%QXC*Z!`RM;WAM\/T\TY8&?& M.BZ5/-<:18:G9)9`3D[2Y'F1*^P_::7L>]45Y%X2']@?$ MF]CGTV?PW:PZ,UU+8R7QNEG`?F7=DA<8QCK6#X+UV'5/&?\`Q-[BZF@\6)<1 MW5M(LD:0-N+1*K\9RG'RGO1[!ZM/8/:;'O=!(`R3@5X]X:\+:3!JGC2>.*82 M:1+)'9$W4I\I3"W&"W/7OFJ>@00>([SP?H?B2:1]);0C#ZHK#0?$?A_3+^?^R;77+.WLIA*7,._P#UB*V< MD*>V:VO#]_?:]\2WT?6I)8=0L=$DL[PJ3M=UF4K*!T(92K?C0Z%E>X>TUM8] M>HJ"QM196,5L)&D$:[=S=34]E=#\&_&T6L>`G@U*<"YT5-DSN>L(!*N?H`1_P'WKT'5=,MM9TBZT MV^3?;W4312#V(QQ[U\GP:)KVA^.KSPC92O%<-JY`22&3"BYP,#'H0..>,#J._HUCI?]A:+;V=K=>5:V<*QH!$ MO11C\S_.O//#'Q`FD^)6MZ!XBU%8)!E1&4G-SAT M_(II3:/XR\5_#S4!I]W&_EP-EM/OXR5'TSR/J.*]\\">,]&\;Z9-J* M(L%U;#$]HP'[D=B/[P..OX8%2^+O#&F^)M`O'\12I]GMHW,5PT85HL#)<-VY M'XBO&_@)97=UXWNV@=EMH[0^&M%N[._LY=,MXGNI"]VJK MQ*S#ECZ@@4MMH.FPWRNEE#:WZ0+!'/&O#Q+T49Z@>AJY=07,&+K[624X8^6/ MN$\_EUJ2:RN)E&Z\Y4[E(C'!IVI6:ZYR5=?*'RL M/\\4Z);OSWMWO"&494^6#N7U^OK1S/:X66]AE[H&CZK6Q MZ'Z&K]0VUU*LBC#HNG6[7S0V<2'4&+71`_UQ(QS^%4KWP;X>U'2+?2[W2+:: MRM1B"(K_`*K_`'2.1^=;=%'-)=0LC)B\+:'!I$6EPZ7;I90RB9(%3"AP%09`%QD@$CU"Y'XUU54[*./RGB9%+12,IR/?(_0BKB[) MV$U<9=75O+-;Q>?$4+[W^<8X&0/SQ7(:A\-_!ES+K%_?PK?76H2-.S23X,9/ M9-N,#/U-=E<11I=VSE%VEBA^7U''ZC]:?=VZ/93*D:[BAQA>^*J,W'9V):3W M//)/A)X=G@6WF\1ZRUD`/]#;40T7'L170:/X:T+1M$OM)T.;^RHIF"^?;S`3 M9"CY][9RQ MP6F?"7PKINO6FK'5KZ[N+202QBYND=2PY&?ESUYZUW5G=VZQ2;KB(9E<\N/[ MQJTL43*"(TY&?NBH+**,Q29C4_OG_A']XUG*;G\3*45'8C6[MUU*0^?%M:)> M=XQD$_XT7=W;Y@=;B(E)5Z..AX/\Z?Y4?]JX\M<>3Z?[5+>Q1B*,"-O-+2PR.*ZMTOYP+B+8ZJ^=XQGD']`*+JZMQ+;RI/$66 M3:<./NG@_P!#^%/BBC?4)V$:[454Z#KR3_,474<;3V\*HN2^\_*/NK_]?%/2 MXA\MQ9S0O&]Q%M<$'YQ3K&4S6,3LQMP>99F^[^`Y8GL`:J-V[(3V+!#7[+FW`.7CR&P1GD#Z4 MLWVV"=;AC``P$;$;L#G@G\>/QIC7]M<+Y-U-''(OS)*C?+GU!['V-21ZE;2* MUO>2Q9Q@L&^5Q[?X4]>P!=I?F`N?()B(D`4-GCFI"+V>`X:V*2+U`;D$5';Z MC;Q,;>:YC8*/W:^@S^9_*BTO[18Y9I+B,&1R^"W..@_0"D@U"UCBENIIT\R3G8&R0!T7'K_4F MC7L`MV;V0+:DP9FR#MW<+W/]/QI\\U[;Q;C]G/154!LL>P%1Q7UK$KW-S<1F M5Q]U6SM'91Z_XTS[?;A_M5S,C2=(H48$IG^I]>U%GV`E47=E;,TCV^,EF8AL MDD_Y%$$=^7-PX@6210-K9^0>E)'W^S_`#H`C4SWLQAE,1AC8>8T8.&(_AY_7\JT:Q[;6HFU/[#:VC?9 M(BT;7:NH1)`P7RR,YR2:V*F0T%%%%2,****`"BBB@`HHHH`*IW>F6UW?:CX?U#0($FTM"_P!CM&A@N$R99[FX<+)/ M-@9VKG?CGJ>F!6EIVM((5LI[:ZO[6TNC8R:A+\S[T'S2OC[@SP22/7I77US^ MO:`)[>ZN-(MHH[ZZ`2XE3"221]&P3\N_'`+`^E;*?-I(CEML6;.[M]0C']F7 M\5TC('$4PR2AZ,.AVGL>139"8W-J8QDKO^S[A(-O3('W@,]\5SB^%+ZYABBE MME`:XMTGN674K:PM))UWL ML07S)7WMDD-RH)/51BG97T8KOJ=$MV&1H)EW(/\`EG,VUA_NL<9_'!JRHEF1 M-C*[)\\4I(R/]EQ[],BJFG:Y<7>K7VE75O$US:76Q@A(`@*!ED.<]H[]Q4N_89HR1.TL$Z1@./ED0D? M=/7\CBHO)F^R2Q*FUI9F&?[JECS^58MYJMA:>*K+2C9@P7#-"]T),".?;O2/ M'J5#'_OD=ZMW&H:%:WGV:4L9//2V.U78+*RAE0D<`D$'\119CN7YXWR`8AY$ M.-D>X#>>Q/H!5.:[\B4R.8YI@,`A@53/95')]SQ65'J:3:AID5O';R174UW; M2M]F*NLL6[:`&)Z;&!SUZ\"FZ;XEO;YX8-(LH9#-I?VJ!KEA$TLBOL=6"@A> M2O3UJN5DW1KPFXFD\P12ER/O[1G'H"3YY0H2TBY MQD.PPW/7&<4FF:O=Z_I5]-8?Z)<*I@CCN8B#;W`7Y@X[@,1TX..,YJ$^&KO6 M/"]E;^)[M#K5M^\34+(;&AER<,G'I@$8PW.12]1^A0NO$%DFE0_VI8S;+Q$2 MZN$D/[E)25#!C@D#C<1C;D&J$%KJ^J6K:;=HVJ1VZOIFH6\TFQ95P&ANHV(Q MNVD;LUL4U$-=R6MH+5]S%8YUXSOCSM()&<'-;:(L<:I&H1% M&%51@`>E#FEL+E;W.?T;P?:V+V][J+F]U1`#+G44`5-/TV+3HF59)9Y7QYD\[!I),#`R<#H*G%O"LSS)$BS2`*T@4; MB!TR>^*DHIW`P;WPC8WNC_8GDE243+<"]4)YXD#[PV[;UR/3IQ6=-X?U5_$U MQ>(=F^5)(YQAFBE$DY>&^DOD) M?I)(&#=!]W#-Q[U+!X;TNU2`6UL$>V,AMY"2S1&0Y8@G/4\XZ9K4HIYP`/R`Z59HHJ=QA1110`4444`%%%%`!1110`4 &444`?__9 ` end