dividend
confidence high
sentiment positive
materiality 0.60
PC Connection declares $0.34 special dividend, boosts buyback by $25M
PC CONNECTION INC
- Special cash dividend of $0.34 per share; payable Dec 23, 2022 to holders of record Dec 5, 2022.
- Aggregate dividend payment approx. $8.9M based on current shares outstanding.
- Board increased share repurchase authorization by $25M to $80M total; $37.7M remains available.
- Board intends to consider future regular quarterly dividends in lieu of annual special dividends.