Virco Mfg. Corp. (VIRC) Declares $0.015 Quarterly Dividend; 1.2% Yield

Virco Mfg. Corp. (NASDAQ: VIRC) declared a quarterly dividend of $0.015 per share, or $0.06 annualized.

The dividend will be payable on July 10, 2018, to stockholders of record on June 26, 2018, with an ex-dividend date of June 25, 2018.

The annual yield on the dividend is 1.2 percent.

Robert A. Virtue, Chairman and CEO, said: “I’m pleased to report that Virco shareholders will again receive a quarterly cash dividend, reflecting our stronger financial condition and favorable prospects for our market. We have always strived to provide our shareholders with a balanced set of returns consisting of share price appreciation, regular cash dividends, and opportunistic repurchases.” This is Virco’s third consecutive quarterly cash dividend since the Company resumed payment of quarterly dividends in the fourth quarter of fiscal year ended January 31, 2018.

For a dividend history and other dividend-related data on Virco Mfg. Corp. (VIRC) click here.

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