Omega Protein (OME) Initiates, Declares $0.05 Quarterly Dividend; 0.8% Yield

January 23, 2017 8:13 AM EST

Omega Protein (NYSE: OME) declared a quarterly dividend of $0.05 per share, or $0.2 annualized. The dividend will be payable on March 15, 2017, to stockholders of record on February 22, 2017, with an ex-dividend date of February 17, 2017. The annual yield on the dividend is 0.8 percent.

"The quarterly dividend reflects the confidence our Board of Directors and executive team have in the Company's long-term financial outlook and ability to generate strong cash flows," said Bret Scholtes, Omega Protein's President and Chief Executive Officer. "We remain committed to enhancing value for shareholders by prudently investing in our business while also returning capital to our shareholders through the initiation of a quarterly cash dividend and the previously announced three-year $40 million share buyback."

For a dividend history and other dividend-related data on Omega Protein (OME) click here.



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