dividend
confidence high
sentiment positive
materiality 0.60
ClearOne declares special one-time cash dividend of $0.50 per share
CLEARONE INC
- Board declared a special cash dividend of $0.50 per share on common stock.
- Payable on April 10, 2024 to shareholders of record on April 2, 2024.
- Due to size, ex-dividend date is first business day after payable date under FINRA Rule 11140.
- CEO Derek Graham cites surplus cash and achievable plan for future growth.
- Future dividends remain at Board's discretion; no other dividends authorized at this time.