Catalyst Biosciences (CBIO) Declares $1.43 Special Dividend; 71.9% Yield

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Catalyst Biosciences, Inc. Declares Special Cash Dividend of $1.43 per share

August 25, 2022 8:00 AM EDT

SOUTH SAN FRANCISCO, Calif., Aug. 25, 2022 (GLOBE NEWSWIRE) -- Catalyst Biosciences, Inc. (NASDAQ: CBIO) (Catalyst, the Company or we) today announced that the Board of Directors has declared a special, one-time cash dividend of $1.43 per share to holders of the Companys Common Stock. The dividend is payable on September 20, 2022 to stockholders of record at the close of business on September 6, 2022. The aggregate amount of the payment to be made in connection with this special dividend will be approximately $45 million.

The Company anticipates that it may declare one or more additional special dividends... More