Edgewater Technology (EDGW) Declares $1.15 Special 'Conditional' Cash Dividend

Edgewater Technology (NASDAQ: EDGW) declared a special dividend of $1.15 per share.

The dividend will be payable on November 9, 2018, to stockholders of record on October 31, 2018, with an ex-dividend date of October 30, 2018.

The special cash dividend will be paid only if the business combination is completed. Completion of the business combination is subject to certain conditions including, among others, approval by the shareholders of each of Edgewater and Alithya, approval of New Alithya’s applications for listing its shares on the NASDAQ Global Market and the Toronto Stock Exchange, and approval by the Superior Court of Québec. There can now be no assurance that these listing applications will be approved or the other closing conditions satisfied.

The annual yield on the dividend is 23.2 percent.

For a dividend history and other dividend-related data on Edgewater Technology (EDGW) click here.

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