Ocean Bio-Chem (OBCI) Raises Quarterly Dividend 33.3% to $0.16; 7.2% Yield
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OCEAN BIO-CHEM, INC. ANNOUNCES A 33 PERCENT INCREASE IN REGULAR QUARTERLY DIVIDEND
February 28, 2022 10:00 AM ESTFORT LAUDERDALE, Fla., Feb. 28, 2022 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI), the premier manufacturer and distributor for specialty chemicals in the marine, automotive, recreational vehicle and home care markets, today announced that the Company's Board of Directors approved a quarterly regular dividend increase of 33 percent and declared a regular quarterly dividend of $0.04 per share on the Company's Common Stock. The Company will now pay an annual regular dividend of $0.16 per share. The dividend is payable on March 25, 2022, to the Company's Common Stock Shareholders on record on March 10, 2022.
The Company will be... More
