ClearOne (CLRO) Declares $1.00 Special Dividend; 80.6% Yield

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ClearOne Announces a Special One-time Cash Dividend

May 8, 2023 8:00 PM EDT

SALT LAKE CITY--(BUSINESS WIRE)-- ClearOne (NASDAQ: CLRO) today announced that its Board of Directors has declared a special one-time cash dividend of $1.00 per share of ClearOne common stock, payable on May 31, 2023 to shareholders of record on May 22, 2023.

"The recent successful legal settlements have generated surplus cash for the Company. We are pleased to share this surplus with our shareholders, who continue to support the Companys strategy and vision for future growth, said Eric L. Robinson, Chairman of the Board of Directors of ClearOne. We believe... More