Computer Task Group Inc. announced that its board of directors has declared a $0.05 per share dividend on the company's common stock outstanding, payable in cash on July 1, 2013 to shareholders of record on June 14, 2013.

(Annual meeting of shareholders): To focus on the company's business strategy and a review of its financial results in 2012 and the first quarter of 2013, as well as its outlook for the remainder of 2013

Computer Task Group Inc. reported unaudited consolidated earnings results for the first quarter ended March 29, 2013. For the quarter, the company reported revenue of $108.50 million compared to $103.37 million a year ago. Operating income was $6.18 million compared to $5.60 million a year ago. Income before income taxes was $6.07 million compared to $5.55 million a year ago. Net income was $4.06 million or $0.24 per diluted share compared to net income of $3.36 million or $0.20 per diluted share a year ago. Net cash used in operating activities was $7.07 million compared to $2.24 million a year ago. Capital expenditures were $675,000. The company reiterated earnings guidance for the second quarter and full year 2013. For the quarter, the company expects revenue in the range of $111 million to $113 million and diluted net income per share in the range of $0.23 to $0.25. For the year, the company expects revenue in the range of $450 million to $460 million and diluted net income per share in the range of $1.02 to $1.12. The company expected the tax rate for the full year 2013 to be between 37% and 39% compared to 38.4% for 2012, which excludes the effect of approximately $1.3 million of non-taxable insurance proceeds that the company received in the second and fourth quarters of 2012.