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Stock impact report

EVI Industries Declares Special Cash Dividend

EVI Industries, Inc. (EVI) 
NASDAQ:AMEX Investor Relations: envirostarinc.com
Company Research Source: Business Wire
MIAMI--(BUSINESS WIRE)--EVI Industries, Inc. (NYSE American: EVI) announced today that its Board of Directors approved a special cash dividend of $0.31 per share on EVI’s common stock, a 10% increase over the amount of the special cash dividend paid by EVI in October 2023. The dividend is payable on October 7, 2024 to stockholders of record at the close of business on September 26, 2024.Henry M. Nahmad, EVI’s Chairman and CEO, commented: “Our strong cash flows during fiscal 2024 and growth prospects allow us the opportunity to reward those who are invested in our long-term strategy, and it reflects the confidence we have in our business outlook, which is supported by our strong balance sheet.”The Company has considered, and expects to continue to consider, the payment of dividends to share cash flow through dividends while maintaining a conservative financial position with continued capacity to build its distribution and service network. Future dividends will be considered by the Show less Read more
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