Safeguard Scientifics (SFE) Declares $0.35 Special Dividend; 35.7% Yield

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Go back to Safeguard Scientifics (SFE) Declares $0.35 Special Dividend; 35.7% Yield

Safeguard Scientifics’ Board of Directors Declares Contingent Cash Dividend of $0.35 Per Share

December 8, 2023 4:30 PM EST

RADNOR, Pa., Dec. 08, 2023 (GLOBE NEWSWIRE) -- Safeguard Scientifics, Inc. (Nasdaq: SFE) (Safeguard or the Company) today announced that on December 7, 2023, its Board of Directors (the Board) declared a special cash dividend of $0.35 per share, payable on December 28, 2023 to shareholders of record as of the close of business on December 19, 2023 (the Record Date).

The dividend is contingent on the adoption of amendments to the Companys articles of incorporation effecting the reverse stock split and the forward stock split of the Companys common stock at the Special Meeting of... More