United-Guardian (UG) Raises Quarterly Dividend 20% to $0.42; 11.7% Yield

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Go back to United-Guardian (UG) Raises Quarterly Dividend 20% to $0.42; 11.7% Yield

United-Guardian Announces 20% Increase in Mid-Year Dividend

May 19, 2017 9:00 AM EDT

HAUPPAUGE, N.Y., May 19, 2017 (GLOBE NEWSWIRE) -- United-Guardian, Inc. (NASDAQ: UG) announced today that the company's Board of Directors, at its meeting on May 17, 2017, declared a cash dividend of $0.42 per share, to be paid on June 12, 2017 to all stockholders of record as of the close of business on May 30, 2017. This will be the 22nd consecutive year that the company has paid a dividend.

Ken Globus, President of United-Guardian, stated,... More