Ubiquiti Networks (UBNT) Initiates Qtr. Dividend at 17c/Share; Yields 1.8%
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Ubiquiti Networks Announces Dividend Policy
September 30, 2014 4:05 PM EDTSAN JOSE, Calif., Sept. 30, 2014 (GLOBE NEWSWIRE) -- Ubiquiti Networks, Inc. (Nasdaq: UBNT), a next-generation communications technology company, today announced that as part of the Company's long-term strategy to maximize shareholder value and broaden its shareholder base, the Board of Directors has approved the initiation of a new dividend policy (the "Dividend Policy"). Pursuant to the Dividend Policy, the Company intends to pay an annual cash dividend to its shareholders of record on a record date and in an amount to be determined annually by the Board of Directors. The Company also announced the first... More
