QAD, Inc. (QADA) Declares $0.06 Quarterly Dividend; 2.6% Yield

June 8, 2011 4:11 PM EDT
QAD, Inc. (NASDAQ: QADA) declared a quarterly dividend of $0.06 per share on class A common stock, or $0.24 annualized. The company also announced that it will be paying a dividend of $0.05 per share on its class B common stock.

The dividend will be payable on October 10, 2011, to stockholders of record on August 30, 2011, with an ex-dividend date of August 26, 2011.

The annual yield on the dividend is 2.6 percent.


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