Psychemedics (PMD) Declares $0.18 Quarterly Dividend; 5.2% Yield
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Psychemedics Announces First Quarter Results and Declares 91st Consecutive Quarterly Dividend
April 23, 2019 5:25 PM EDTACTON, Mass., April 23, 2019 (GLOBE NEWSWIRE) -- Psychemedics Corporation (NASDAQ: PMD) today announced first quarter financial results for the period ended March 31, 2019. The Company also announced a quarterly dividend of $0.18 per share payable to shareholders of record as of May 7, 2019, to be paid on May 17, 2019. This will be the Companys 91st consecutive quarterly dividend.
The Companys revenue for the quarter ended March 31, 2019 was $9.8 million versus $10.9 million for the quarter ended March 31, 2018, a decrease of 10%. Net income for the quarter ended March 31, 2019 was $0.6 million or $0.11 per diluted share, versus $1.3... More
