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Jjdoc
Columbia Fan
Cali
Member since Mar 2016
25001 posts

Prophase PRPH announces special divi $.25/share
ex date is Dec 2nd.


Merry Christmas???
quote:


ProPhase Labs, Inc. (NASDAQ: PRPH, www.ProPhaseLabs.com), a vertically integrated manufacturer, marketer and distributor of a diversified range of over-the-counter dietary supplements (“ProPhase” or “Company”), announced today that its Board of Directors has declared a special cash dividend in the amount of $0.25 per share on its common stock, payable on December 12, 2019 to stockholders of record as of December 3, 2019.

“We are very pleased to be able to reward our stockholders with this special cash dividend. This dividend provides an immediate benefit to our stockholders, while allowing us to remain well positioned for future growth with ample liquidity for strategic opportunities that may arise,” said Ted Karkus, Chairman and Chief Executive Officer of ProPhase.



Up 92% over the past 5 years, down 28% this year.

As of this posting, trading at $2.00 Two Dollars.



LSURussian
LSU Fan
9 acres of paradise in Baton Rouge
Member since Feb 2005
117320 posts

re: Prophase PRPH announces special divi $.25/share
You realize that the market price of PRPH will be adjusted down by $.25/share when it opens for trading on the ex-div date, right?


Jjdoc
Columbia Fan
Cali
Member since Mar 2016
25001 posts

re: Prophase PRPH announces special divi $.25/share
As they always do with every dividend. Yes.





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