CLEAR Announces $0.125 Regular Quarterly Cash Dividend

Rhea-AI Summary

CLEAR (NYSE: YOU) has announced a regular quarterly dividend of $0.125 per share. The dividend will be paid on June 17, 2025, to holders of both Class A and Class B Common Stock who are on record as of June 10, 2025. The payment will be funded through proportionate cash distributions from CLEAR's subsidiary. Future dividend declarations will be subject to Board approval and various factors including operational results, cash flows, financial position, capital requirements, and business conditions.

Positive

• Regular quarterly dividend payment demonstrates commitment to shareholder returns
• Company has sufficient cash flow to support dividend distributions
• Equal treatment for both Class A and Class B stockholders

Negative

• Relatively small dividend amount of $0.125 per share
• Future dividends are not guaranteed and depend on multiple conditions

NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) -- Clear Secure, Inc. (NYSE: YOU) ("CLEAR" or the "Company") today announced that its Board of Directors (the "Board") declared a regular quarterly dividend of $0.125 per share, payable on June 17, 2025 to holders of record of Class A Common Stock and Class B Common Stock as of the close of business on June 10, 2025.

The Company will fund the payment of the quarterly dividend from proportionate cash distributions by its subsidiary.

The declaration, timing and amount of any future dividends will be subject to the discretion and approval of the Board and will depend on a number of factors, including CLEAR's results of operations, cash flows, financial position and capital requirements, as well as general business conditions, legal, tax and regulatory restrictions and other factors the Board deems relevant at the time it determines to declare such dividends.

About CLEAR
CLEAR's mission is to strengthen security and create frictionless experiences. With over 30 million Members and a growing network of partners across the world, CLEAR's identity platform is transforming the way people live, work, and travel. Whether you are traveling, at the stadium, or on your phone, CLEAR connects you to the things that make you, you – making everyday experiences easier, more secure, and friction-free. CLEAR is committed to privacy done right. Members are always in control of their own information, and we never sell Member data. For more information, visit clearme.com.

Forward-Looking Statements
This release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that any and such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results, developments and events may differ materially from those in the forward-looking statements as a result of various factors, including those described in the Company's filings within the Securities and Exchange Commission, including the sections titled "Risk Factors" in our Annual Report on Form 10-K. The Company disclaims any obligation to update any forward-looking statements contained herein.

CLEAR
media@clearme.com

This press release was published by a CLEAR® Verified individual.

FAQ

What is the dividend amount for CLEAR (NYSE: YOU) stock announced in May 2025?

CLEAR announced a regular quarterly dividend of $0.125 per share.

When is the dividend payment date for CLEAR's Q2 2025 dividend?

The dividend will be paid on June 17, 2025, to shareholders of record as of June 10, 2025.

Who is eligible for CLEAR's quarterly dividend payment?

Holders of both Class A Common Stock and Class B Common Stock who are on record as of June 10, 2025, are eligible for the dividend payment.

How will CLEAR fund its quarterly dividend payment?

CLEAR will fund the dividend payment through proportionate cash distributions from its subsidiary.

What factors determine future dividend payments for CLEAR stock?

Future dividends depend on factors including operational results, cash flows, financial position, capital requirements, business conditions, and Board approval.