Ocean Bio-Chem (OBCI) Declares $0.06 Special Dividend; 1.5% Yield

Go back to Ocean Bio-Chem (OBCI) Declares $0.06 Special Dividend; 1.5% Yield

Ocean Bio-Chem Declares Special Cash Dividend: $0.06 per/share

March 21, 2018 10:30 AM EDT

FORT LAUDERDALE, Fla., March 21, 2018 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI), announced today that its Board of Directors declared a special cash dividend of $0.06 per share, payable on April 16, 2018 to shareholders of record on April 2, 2018.

"We are very pleased to be able to provide to our shareholders the special cash dividend," said Peter Dornau, Ocean Bio-Chem's President and Chief Executive Officer. "This dividend demonstrates Ocean Bio-Chem's strong financial condition and our continued commitment to increasing shareholder value."

About Ocean Bio-Chem, Inc.:Ocean Bio-Chem,... More