0001104659-11-045612.txt : 20110810 0001104659-11-045612.hdr.sgml : 20110810 20110810105322 ACCESSION NUMBER: 0001104659-11-045612 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20110809 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110810 DATE AS OF CHANGE: 20110810 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Primoris Services Corp CENTRAL INDEX KEY: 0001361538 STANDARD INDUSTRIAL CLASSIFICATION: WATER, SEWER, PIPELINE, COMM AND POWER LINE CONSTRUCTION [1623] IRS NUMBER: 204743916 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34145 FILM NUMBER: 111023082 BUSINESS ADDRESS: STREET 1: 2100 MCKINNEY AVENUE, SUITE 1500 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 214-740-5600 MAIL ADDRESS: STREET 1: 2100 MCKINNEY AVENUE, SUITE 1500 CITY: DALLAS STATE: TX ZIP: 75201 FORMER COMPANY: FORMER CONFORMED NAME: Primoris Services CORP DATE OF NAME CHANGE: 20080821 FORMER COMPANY: FORMER CONFORMED NAME: Rhapsody Acquisition Corp. DATE OF NAME CHANGE: 20060503 8-K 1 a11-24090_18k.htm 8-K

 

 

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

 

August 9, 2011

Date of Report (Date of earliest event reported)

 

Primoris Services Corporation

(Exact name of Registrant as specified in its charter)

 

Delaware

 

001-34145

 

20-4743916

(State or other jurisdiction

 

(Commission File Number)

 

(I.R.S. Employer

of incorporation)

 

 

 

Identification No.)

 

2100 McKinney Avenue, Suite 1500, Dallas, Texas 75201

(Address of principal executive offices)

(Zip Code)

 

(214) 740-5600

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 (see General Instruction A.2. below):

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 8.01                      Declaration of Cash Dividend to Stockholders.

 

On August 9, 2011, Primoris Services Corporation issued a press release announcing the declaration of a quarterly cash dividend of $0.03 per share, an increase of 20% from $0.025 per share paid in the prior quarters.  The $0.03 per share cash dividend is payable on or about October 14, 2011 to stockholders of record as of September 30, 2011.

 

Item 9.01.                   Financial Statements and Exhibits.

 

(d)   Exhibits .

 

Exh. No.

 

Description

 

 

 

99.1

 

Press Release dated August 9, 2011

 

2



 

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.

 

 

 

 

PRIMORIS SERVICES CORPORATION

 

 

Dated: August 9, 2011

By:

/s/

Peter J. Moerbeek

 

 

 

Peter J. Moerbeek

 

 

 

Executive Vice President, Chief Financial Officer

 

3


EX-99.1 2 a11-24090_1ex99d1.htm EX-99.1

Exhibit 99.1

 

GRAPHIC

 

Primoris Services Corporation Increases Quarterly Cash Dividend by 20%

 

DALLAS — Primoris Services Corporation (NASDAQ GS: PRIM) (“Primoris” or “Company”) today announced that on August 4, 2011 the Board of Directors declared a 20% increase in the quarterly cash dividend to $0.03 per share from $0.025 per share. The $0.03 per share cash dividend is payable on or about October 14, 2011 to stockholders of record as of September 30, 2011.

 

Brian Pratt, Chairman, President and Chief Executive Officer of Primoris, commented, “We pay a dividend because we value the interests of our shareholders. This increase in the dividend reflects the confidence of the Board of Directors and the management team in Primoris’s long-term growth prospects, and is possible because of our ability to generate cash and build a strong financial position.”

 

ABOUT PRIMORIS

 

Founded in 1946, Primoris, through various subsidiaries, has grown to become one of the largest specialty contractors and infrastructure companies in the United States. Serving diverse end markets, Primoris provides a wide range of construction, fabrication, maintenance, replacement, water and wastewater, and engineering services to major public utilities, petrochemical companies, energy companies, municipalities, and other customers. Since December 2009, Primoris has doubled its size and the Company’s national footprint now extends from Florida, along the Gulf Coast, through California, into the Pacific Northwest and Canada. For additional information, please visit www.prim.com.

 

FORWARD LOOKING STATEMENTS

 

This press release contains certain forward-looking statements, including with regard to the Company’s future performance. Words such as “estimated,” “believes,” “expects,” “projects,” “may,” and “future” or similar expressions are intended to identify forward-looking statements. Forward-looking statements inherently involve risks and uncertainties, including without limitation, those described in this press release and those detailed in the “Risk Factors” section and other portions of our Quarterly Report on Form 10-Q for the period ended June 30, 2011, and other filings with the Securities and Exchange Commission. Primoris does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

 

Primoris Services Corporation
Peter J. Moerbeek, 212-836-9608
Executive Vice President, Chief Financial Officer
pmoerbeek@prim.com
or
The Equity Group Inc.
Devin Sullivan, 214-740-5602
Senior Vice President
dsullivan@equityny.com

 


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