Retractable Technologies (NYSE: RVP) sets Q2 dividends on Class B preferred
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Retractable Technologies, Inc. announced that its Board of Directors has declared cash dividends on its Series II Class B and Series III Class B Convertible Preferred Stock. The declared dividends are $39,050.00 for Series II Class B and $18,561.25 for Series III Class B.
These dividends have accrued at a rate of $1.00 per share per annum for the period from April 1, 2026 through June 30, 2026. They will be paid on July 20, 2026 to shareholders of record as of the close of business on July 10, 2026.
Positive
- None.
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- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Series II Class B dividend: $39,050.00
Series III Class B dividend: $18,561.25
Dividend accrual rate: $1.00 per share per annum
+4 more
7 metrics
Series II Class B dividend
$39,050.00
Dividend declared for period April 1, 2026 to June 30, 2026
Series III Class B dividend
$18,561.25
Dividend declared for period April 1, 2026 to June 30, 2026
Dividend accrual rate
$1.00 per share per annum
Rate for Series II and Series III Class B Convertible Preferred Stock
Dividend period start
April 1, 2026
Beginning of dividend accrual period
Dividend period end
June 30, 2026
End of dividend accrual period
Record date
July 10, 2026
Shareholders of record date for dividend eligibility
Payment date
July 20, 2026
Scheduled date dividends will be paid
Key Terms
Convertible Preferred Stock, forward-looking statements, safe harbor provision, Private Securities Litigation Reform Act of 1995, +1 more
5 terms
Convertible Preferred Stock financial
"Series II Class B and Series III Class B Convertible Preferred Stock in the amounts of $39,050.00 and $18,561.25"
Convertible preferred stock is a special class of company shares that pays priority, usually fixed, payments to holders and can be exchanged later for a set number of common shares. It matters to investors because it combines steady income and added protection with the chance to share in a company’s upside; think of it as a hybrid between a bond that pays regularly and an option to convert into growth-oriented stock, where the conversion rules influence both potential gains and how much common shareholders’ ownership may be reduced.
forward-looking statements regulatory
"Forward-looking statements in this press release are made pursuant to the safe harbor provision"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
safe harbor provision regulatory
"made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995"
A safe harbor provision is a legal clause that shields a party from liability when it follows specified rules or makes certain kinds of statements, such as forecasts or plans, accompanied by required warnings and facts. For investors it matters because it encourages companies to share projections and explanations without fear of automatic lawsuits, much like a seatbelt lets you drive knowing there’s some protection if something goes wrong while still requiring careful behavior.
Private Securities Litigation Reform Act of 1995 regulatory
"pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995"
patent protection financial
"Retractable's maintenance of patent protection; Retractable's ability to maintain favorable third party manufacturing"
Patent protection is a government-granted exclusive right that prevents others from making, using, selling or importing a new invention for a limited time, like putting a product in a locked display case that only the inventor can open. For investors, it matters because this exclusivity can secure future sales and profits, justify higher valuation, and reduce competition risk while the patent lasts; loss or challenge of protection can sharply change a company’s potential revenue.
FAQ
What dividend did Retractable Technologies (RVP) declare on its preferred stock?
Retractable Technologies declared cash dividends on its preferred shares, paying $39,050.00 on Series II Class B and $18,561.25 on Series III Class B Convertible Preferred Stock. These amounts reflect dividends accrued for the stated quarter at the specified per-share rate.
What time period do the new dividends from Retractable Technologies (RVP) cover?
The declared dividends cover the period from April 1, 2026 through June 30, 2026. During this time, dividends on the Series II and Series III Class B Convertible Preferred Stock accrued at the stated annual per-share rate described in the company’s announcement.
When will Retractable Technologies (RVP) pay the declared preferred dividends?
Retractable Technologies will pay the declared preferred dividends on July 20, 2026. Payment will be made to holders of Series II and Series III Class B Convertible Preferred Stock who are on the company’s books as of the July 10, 2026 record date.
At what rate do Retractable Technologies (RVP) preferred dividends accrue?
Dividends on Retractable Technologies’ Series II and Series III Class B Convertible Preferred Stock accrue at $1.00 per share per annum. The announced payment reflects the portion of that annual rate earned over the quarter from April 1, 2026 through June 30, 2026.
Which securities of Retractable Technologies (RVP) are listed on an exchange?
Retractable Technologies’ Common Stock is listed on the NYSE American under the trading symbol RVP. The company highlighted this listing in its disclosure while announcing dividends on its separate Series II and Series III Class B Convertible Preferred Stock.