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-0.0197211986547558 -0.0197211986547558 -0.0243461037687948 -0.0243461037687948 -0.0197211986547558 -0.0197211986547558 -0.00463998632636739 -0.0211740221090572
Stock impact report

United-Guardian Increases Mid-Year Dividend

United-Guardian, Inc. (UG) 
US:NASDAQ Investor Relations: u-g.com
Company Research Source: GlobeNewswire
HAUPPAUGE, N.Y., May 17, 2019 (GLOBE NEWSWIRE) -- United-Guardian, Inc. (NASDAQ:UG) announced today that the company's Board of Directors, at its meeting on May 15, 2019, declared a cash dividend of $0.55 per share, which will be paid on June 14, 2019 to all stockholders of record as of May 31, 2019. This will be the 24th consecutive year that the company has paid a dividend, and represents a 10% increase over the mid-year dividend the company paid in 2018. Ken Globus, President of United-Guardian, stated, “Based the strong earnings in the first quarter of this year, as well as our expectation that sales and net income will remain strong for the second quarter, the company is pleased to once again be able to share our earnings with our stockholders. With the company’s substantial cash position the Board concluded that after the payment of this dividend the company will have more than adequate reserves for any anticipated capital expenditures, and that it is in the company’s best in Show less Read more
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