dividend
confidence high
sentiment positive
materiality 0.60
PC Connection declares special cash dividend of $1.00 per share
PC CONNECTION INC
- Special dividend of $1.00 per share payable December 3, 2021 to holders of record November 18, 2021.
- Aggregate payout estimated at ~$26.2 million based on current shares outstanding.
- CEO cites strong balance sheet enabling dividend while continuing to invest in growth.
- Future dividends remain at Board's discretion subject to financial condition and strategic plans.