Bio-Techne Declares Dividend

(Moderate)

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Rhea-AI Summary

Bio-Techne Corporation (NASDAQ: TECH) has declared a quarterly dividend of $0.32 per share for the quarter ending June 30, 2020. The dividend will be paid on August 28, 2020 to shareholders on record as of August 18, 2020. The company reported approximately $739 million in net sales for fiscal 2020 and continues to focus on providing innovative tools and bioactive reagents for life sciences.

Positive

Declared a quarterly dividend of $0.32 per share.
Achieved approximately $739 million in net sales for fiscal 2020.

Negative

None.

Argus Session date unavailable

-0.71% session move Open Argus

Details

News Market Reaction – TECH

The recorded move for TECH in the trading session of this news was -0.71%.

Data tracked by StockTitan Argus. Session date unavailable.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

08/04/2020 - 06:30 AM EDT

MINNEAPOLIS, Aug. 4, 2020 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) announced that its Board of Directors has decided to pay a dividend of $0.32 per share for the quarter ended June 30, 2020. The quarterly dividend will be payable August 28, 2020 to all common shareholders of record on August 18, 2020. Future cash dividends will be considered by the Board of Directors on a quarterly basis.

Bio-Techne Corporation (NASDAQ: TECH) is a global life sciences company providing innovative tools and bioactive reagents for the research and clinical diagnostic communities. Bio-Techne products assist scientific investigations into biological processes and the nature and progress of specific diseases. They aid in drug discovery efforts and provide the means for accurate clinical tests and diagnoses. With thousands of products in its portfolio, Bio-Techne generated approximately $739 million in net sales in fiscal 2020 and has over 2,300 employees worldwide. For more information on Bio-Techne and its brands, please visit www.bio-techne.com.

Contact:	David Clair, Senior Director, Investor Relations & Corporate Development
	David.Clair@bio-techne.com
	646-277-1266

View original content to download multimedia:http://www.prnewswire.com/news-releases/bio-techne-declares-dividend-301105151.html

SOURCE Bio-Techne Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Bio-Techne Corporation?

Bio-Techne Corporation declared a dividend of $0.32 per share.

When will the dividend be paid?

The dividend will be payable on August 28, 2020.

What is the record date for the dividend?

The record date for the dividend is August 18, 2020.

What were Bio-Techne's net sales for fiscal 2020?

Bio-Techne reported approximately $739 million in net sales for fiscal 2020.

How often does Bio-Techne Corporation consider dividends?

Bio-Techne's Board of Directors considers future cash dividends on a quarterly basis.

Keep reading

Trending in the feed

GRDX

GridAI Technologies Signs Definitive Agreement to Acquire Pronghorn Resources, Establishing Major Wyoming Owned-Natural Gas and Multi-Gigawatt AI Power Infrastructure Platform Targeting Initial Power Delivery in 2027 Open the live feed