Ocean Bio-Chem (OBCI) Raises Annual Dividend 50% to $0.03; 0.3% Yield
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Ocean Bio-Chem, Inc. Announces Annual Regular Cash Dividend Increase of 50% to $0.12 per share
March 1, 2021 8:00 AM ESTFORT LAUDERDALE, Fla., March 1, 2021 /PRNewswire/ --Â Ocean Bio-Chem, Inc. (NASDAQ: OBCI), parent company of Star brite, Inc.vertical manufacturer and distributor of performance, appearance, and maintenance chemicals for the marine, RV, and outdoor industries is pleased to announce the Board of Directors unanimously voted to increase the annual dividend to $0.12 per share of common stock, payable quarterly at a rate of $0.03 per share. The current dividend is payable on March 25, 2021, to holders of record of the Company's Common Stock on March 11,2021. Â
President and CEO, Peter Dornau,... More
