LCA-Vision (LCAV) Cuts Qtr. Dividend from $0.18 to $0.06

May 14, 2008 11:34 AM EDT

LCA-Vision Inc. (Nasdaq: LCAV) today announced that its Board of Directors has approved a 66% reduction in its quarterly dividend, which moves from $0.18 to $0.06. The dividend will be payable on June 6 to shareholders of record on May 26.

LCA-Vision, Inc. provides fixed-site laser vision correction services at its LasikPlus vision centers.


Related Categories

Dividends
Hot List

Stocks Mentioned

LCAV 4.86

+0.02 +0.41%
Volume: 489,010
Track LCAV



Comments

dividend
Woody Newman on May 29, 2008 12:43 PM

Bastards---the stock had a yahoo payout ratio of 42%---I wouldn't have bought the stock if i'd known the dividend was going away.


Add Your Comment