secwatch.observer — SEC 8-K summary
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Issuer:     VIRCO MFG CORPORATION (VIRC)
CIK:        0000751365
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001628280-24-006995
Event type: dividend
Sentiment:  positive
Materiality: 0.40
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Virco declares $0.02 per share Q1 cash dividend, restoring regular quarterly payout
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/751365/000162828024006995/0001628280-24-006995-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/751365/000162828024006995/virc-20240227.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-006995

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