Atrion Corporation Declares Quarterly Cash Dividend

(Neutral)

Rhea-AI Summary

Atrion Corporation (NASDAQ: ATRI) declared a quarterly dividend of $2.15 per share on February 27, 2023. This dividend is set to be paid on March 31, 2023, to stockholders who are on record by the close of business on March 15, 2023. Atrion focuses on developing and manufacturing products for medical applications, enhancing its commitment to shareholder returns through consistent dividend payments. For further information, visit Atrion's website.

Positive

Quarterly dividend of $2.15 per share enhances shareholder returns.
Demonstrates the company's commitment to consistent dividend payments.

Negative

None.

News Market Reaction – ATRI

-12.96%

-12.96% Session move

In the trading session that priced this news, ATRI declined 12.96%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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02/27/2023 - 04:00 PM

ALLEN, Texas, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Atrion Corporation (NASDAQ: ATRI) today announced that its Board of Directors declared a quarterly dividend of $2.15 per share on its outstanding shares of Common Stock. This dividend will be payable on March 31, 2023 to stockholders of record at the close of business on March 15, 2023.

Atrion Corporation develops and manufactures products primarily for medical applications. The Company’s website is www.atrioncorp.com.

Contact:	Jeffery Strickland
	Vice President and Chief Financial Officer
	(972) 390-9800

FAQ

What is the dividend amount declared by Atrion Corporation?

Atrion Corporation declared a dividend of $2.15 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on March 31, 2023.

What is the record date for Atrion's dividend?

The record date for the dividend is March 15, 2023.

How often does Atrion Corporation pay dividends?

Atrion Corporation pays dividends quarterly.

Is the dividend sustainable for Atrion Corporation?

The sustainability of the dividend is contingent on the company's financial performance and cash flow.