PC Connection (PCCC) Declares $0.40 Special Dividend; 1.8% Yield

PC Connection (NASDAQ: PCCC) declared a special dividend of $0.40 per share.

The dividend will be payable on January 12, 2016, to stockholders of record on December 29, 2015, with an ex-dividend date of December 18, 2015.

The annual yield on the dividend is 1.8 percent.

"As recently reported, we earned record quarterly revenue and net income in the third quarter and generated significant positive cash flow in the nine months ended September 30, 2015," said Timothy McGrath, President and Chief Executive Officer. "The Company has successfully leveraged its assets and maintained a strong balance sheet. We believe that this special dividend is an appropriate way to reward shareholders for their support."

For a dividend history and other dividend-related data on PC Connection (PCCC) click here.

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