Atrion Corporation Increases Quarterly Cash Dividend by 13%

(Neutral)

Rhea-AI Summary

Atrion Corporation (Nasdaq ATRI) announced an increase in its quarterly cash dividend from $1.55 per share to $1.75 per share. The Board of Directors declared this dividend, which is payable on September 30, 2020, to stockholders of record as of September 15, 2020. This enhancement reflects the company’s commitment to returning value to its shareholders while continuing to support its medical application products.

Positive

Quarterly dividend increased from $1.55 to $1.75 per share.
Dividend payment reflects company confidence in financial stability.

Negative

None.

News Market Reaction – ATRI

-3.97%

-3.97% Session move

In the trading session that priced this news, ATRI declined 3.97%, reflecting a moderate 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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08/20/2020 - 04:30 PM

ALLEN, Texas, Aug. 20, 2020 (GLOBE NEWSWIRE) -- Atrion Corporation (Nasdaq ATRI) today announced an increase in its quarterly cash dividend from $1.55 per share to $1.75 per share. Specifically, the Board of Directors declared a quarterly dividend of $1.75 per share on its outstanding shares of Common Stock. This dividend will be payable on September 30, 2020 to stockholders of record at the close of business on September 15, 2020.

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

When is the next dividend payment for ATRI?

The next dividend payment for ATRI is on September 30, 2020.

What is the new dividend amount for ATRI?

The new dividend amount for ATRI is $1.75 per share.

What is the record date for ATRI's dividend?

The record date for ATRI's dividend is September 15, 2020.