Virco Mfg. (VIRC) sets $0.025 per share dividend payable April 10, 2026
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Virco Mfg. Corporation declared a cash dividend for its first fiscal quarter of $0.025 per share on its common stock. The dividend will be paid on April 10, 2026 to stockholders of record as of the close of business on March 20, 2026.
The company states it currently intends to pay dividends on a quarterly basis after review and approval by the Board of Directors. However, future dividends and their amounts remain at the Board’s discretion and are also limited by restrictive covenants in the company’s lending agreements.
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8-K Event Classification
Item 7.01 — Regulation FD Disclosure
1 item
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
FAQ
What dividend did Virco Mfg. Corporation (VIRC) declare for the first fiscal quarter of 2026?
Virco Mfg. Corporation declared a cash dividend of $0.025 per share on its common stock for the first fiscal quarter of 2026. This dividend applies to each outstanding share as of the specified record date.
What are the record date and payment date for VIRC’s latest dividend?
The dividend is payable on April 10, 2026 to stockholders of record as of the close of business on March 20, 2026. Investors must be shareholders of record on that date to receive the payment.
Does Virco Mfg. Corporation (VIRC) plan to pay dividends on a regular basis?
Virco Mfg. Corporation currently intends to pay quarterly dividends, subject to review and approval by its Board of Directors. However, the company emphasizes that future dividends and amounts are not guaranteed and remain at the Board’s discretion.
What factors could affect future dividend payments by Virco Mfg. Corporation (VIRC)?
Future dividends are subject to the discretion of the Board of Directors and to restrictive covenants in the company’s lending agreements. These restrictions and Board decisions could limit whether dividends are declared and the size of any future payments.
Is there any assurance that Virco Mfg. Corporation (VIRC) will continue paying dividends?
The company explicitly notes there is no assurance it will declare and pay dividends in future periods. While it currently intends quarterly payments, future distributions depend on Board decisions and lending agreement covenants.