Online Vacation Center declares $0.02 dividend, repurchases 100,000 shares

Online Vacation Center Holdings Corp. (OTCQX: ONVC) declared a cash dividend of $0.02 per share on its common stock, according to a company statement. The dividend will be paid on May 15, 2026, to stockholders of record as of March 31, 2026.

"The Board felt that the Company's performance and balance sheet has warranted this dividend," said Stephen A. Rudner, President of Online Vacation Center Holdings Corp.

The Fort Lauderdale-based company also announced it repurchased 100,000 shares of common stock from two shareholders at $2.50 per share, totaling $250,000. The repurchases included 50,000 shares from Online Vacation Center Holdings Corp Trust Agreement, Edward B. Rudner Trustee, and 50,000 shares from Deanna Rudner.

The company stated it will use cash and investments to fund the share repurchases.

Online Vacation Center Holdings Corp. operates as a Florida holding company focused on vacation marketing businesses and online golf training aid sales. The company's portfolio includes Online Vacation Center, Dunhill Vacations News, Luxury Link, Enrichment Journeys, Home Based Travel Experts operating as Expedia Cruises of OVC, and OVC Financial operating as Golf Around the World.

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