Epolin Inc. (EPLN.OB) Announces 4-Cent Cash Dividend; Part of a Regular Annual Dividend
Posted on Friday, July 11th, 2008 | In Current Market News, OTCBB Markets, Small & Micro Cap, Stocks to WatchEpolin Inc. (OTCBB: EPLN) engages in the manufacturing, marketing, research and development of infrared dyes, laser absorbing dyes and infrared dye formulations for a wide range of markets such as laser protection, welding, sunglasses, optical filters, glazing, imaging and security inks and tagants. The company sells its products to manufacturers of plastics, credit cards, electronics, glass and other materials in the United States, Asia and Europe, utilizing independent distributors and sales agents.
The company today announced its board of directors has declared a special cash dividend of 4 cents per share, payable August 7, 2008, to shareholders of record at the close of business on July 24, 2008.
“This special 4-cent cash dividend underscores the board’s confidence in our financial position and demonstrates our commitment to shareholder interests. We are especially pleased that our continued profitability and cash position has enabled this additional return to our shareholders,” Murray S. Cohen, Ph.D., chairman of the board, stated in the press release.”
In April 2006, Epolin’s board created a dividend policy supporting a regular annual cash dividend; according to the plan, the company may also issue a special cash dividend from time to time as well. Since the adoption of the plan, the company has paid three regular annual cash dividends of 2 cents per share in May 2006, May 2007 and May 2008. Additionally, the adoption of the dividend policy, a special cash dividend of 2 cents per share, has been paid in each of January 2007 and January 2008.
Let us hear your thoughts below:
Last 5 posts by QualityStocks
- Omnicity Corp. (OMCY.OB) Announces Addition of New Board Member - November 20th, 2009
- Muscle Flex, Inc. (MFLI.PK) Announces Release Time for the BUDDY Tablet Caddy Two-Minute Commercial and Landing Page - November 20th, 2009
- Artfest International, Inc. (ARTS.OB) Announces Revenue Profit Jumps - November 20th, 2009
- Omnicity Corp.’s (OMCY.OB) Recently-Issued Corporate Update - November 20th, 2009
- Soligenix Inc. (SNGX.OB) Taking Steps to Meet Challenges of Vaccine Technology and Biological Warfare - November 20th, 2009
 About QualityStocks (http://QualityStocks.net)
Our name, QualityStocks, emphasizes our commitment to connect subscribers with companies that have huge potential to succeed in the short and long-term future. We believe strong management and vision for the future are crucial for any company to be successful. Timing is everything and we help investors succeed by providing an objective, broad-based view of the SmallCap markets on a daily basis. Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.