ClearOne (CLRO) Raises Quarterly Dividend 42.9% to $0.05; 1.7% Yield

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ClearOne Increases Quarterly Cash Dividend

November 12, 2015 10:41 AM EST

SALT LAKE CITY, Nov. 12, 2015 /PRNewswire/ -- ClearOne (NASDAQ: CLRO) today announced that its Board of Directors has approved an increased quarterly dividend of $0.05 per share of ClearOne common stock. This increased dividend will be paid beginning the fourth quarter of 2015, payable on December 21, 2015 to shareholders of record on December 4, 2015.

The company expects that it will maintain this program of paying dividends on a quarterly basis; however, the declaration of dividends in the future is subject to the discretion of the ClearOne Board of Directors, which will... More