dividend
confidence high
sentiment positive
materiality 0.40
Virco declares $0.02 per share Q1 cash dividend, restoring regular quarterly payout
VIRCO MFG CORPORATION
- Board declared $0.02 per share cash dividend for Q1 fiscal 2025, payable April 10, 2024 to holders of record March 7, 2024.
- Dividend marks restoration of a regular quarterly cash dividend, per CEO Robert Virtue.
- Company is also implementing its previously announced share repurchase program.
- Dividend based on expected continued strong performance after reviewing preliminary fiscal 2024 results.