Q.e.p. Co., Inc. (QEPC) Declares $1 Special Dividend; 5.7% Yield

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Q.E.P. CO., INC. Reports Fiscal 2024 Nine Month and Third Quarter Financial Results and Declares Special Dividend of $1.00 Per Share

January 16, 2024 8:31 AM EST

BOCA RATON, Fla., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Q.E.P. CO., INC. (OTCQX: QEPC) (the Company or QEP) today reported its consolidated results of operations for the first nine months and third quarter of its fiscal year 2024, which ended on November 30, 2023, and announced the declaration of a special dividend.

Results of Operations

During the third quarter of fiscal 2024, QEP successfully completed the divestment of its North American flooring businesses and its UK operations. As of the third quarter, these businesses are now classified... More