Ocean Bio-Chem (OBCI) Declares $0.06 Special Dividend; 1.3% Yield

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Ocean Bio-Chem, Inc. Announces Special Cash Dividend of $0.06 per/share - Second Consecutive Year for Special Dividend

April 17, 2017 9:00 AM EDT

FORT LAUDERDALE, Fla., April 17, 2017 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI) is pleased to announce the Board of Directors unanimously voted on April 13, 2017 to declare for the second consecutive year a special cash dividend of $0.06 per share payable May 11, 2017, to holders of record of the Company's Common Stock on April 27, 2017.  

Peter Dornau stated, "This special cash dividend is the third special cash dividend in past four years rewarding our loyal shareholders. We are pleased to issue the special dividend to our shareholders as we continue to generate strong cash flow from our... More