Iradimed initiates $0.15 quarterly dividend and $0.48 special cash dividend

IRADIMED CORP

Special dividend of $0.48 per share (~$6.1M); quarterly dividend of $0.15 per share (~$1.9M) initiated.
First quarterly and special dividend payable Jan 12, 2024 to holders of record Dec 22, 2023.
Quarterly dividend implies annual rate of $0.60 per share (~$7.6M per annum).
Company commits ~$20M to expand production capacity; ~$7M spent on land and initial construction.
Board notes strong performance as rationale; evaluating financing for remainder of expansion.

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