Daxor Corp. (DXR) Lifts Annual Dividend to 4c/Share; 0.5% Yield

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Daxor Corporation Announces an Increased Dividend and the Appointment of Michael Feldschuh as President and Chief Executive Officer on a Temporary Basis

December 10, 2015 8:30 AM EST

NEW YORK, NY -- (Marketwired) -- 12/10/15 -- Daxor Corporation (NYSE MKT: DXR), an investment company with medical instrumentation and biotechnology operations, announced the payment of a dividend today along with the appointment of Michael Feldschuh, currently Executive Vice President, as President and Chief Executive Officer on a temporary basis.

The Board of Directors has unanimously approved an increase in the annual dividend payment for 2015, to $0.04 per share. This dividend will be paid on Tuesday, December 29, 2015, to Daxor shareholders of record on Tuesday, December 22nd.

Dr. Joseph Feldschuh, President and CEO... More