United-Guardian Announces Increase in Semi-Annual Cash Dividend
13 Mai 2010 - 2:00PM
United-Guardian, Inc. (Nasdaq:UG) announced today that its Board of
Directors, at its meeting on May 12, 2010, declared a semi-annual
cash dividend of $0.30 per share, which will be paid on June 11,
2010 to all stockholders of record as of the close of business on
May 27, 2010. This represents a 7% increase over the $0.28 per
share that was paid in the first half of 2009.
Ken Globus, President of United-Guardian, stated, "As a result
of the record year we had in 2009, we are once again very pleased
to be able to increase our semi-annual dividend. Our company
has now been paying dividends for 15 consecutive
years. Despite the sluggish economy, we have continued to
steadily increase our sales and earnings, and are happy to be able
to share our success with our stockholders. We are
optimistic that 2010 will be another successful year for us, with
strong sales so far for the first four months of 2010."
United-Guardian is a manufacturer of cosmetic ingredients,
personal and health care products, pharmaceuticals, and specialty
industrial products.
The United-Guardian, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6000
NOTE: This press release contains both
historical and "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. These
statements about the company's expectations or beliefs concerning
future events, such as financial performance, business prospects,
and similar matters, are being made in reliance upon the "safe
harbor" provisions of that Act. Such statements are subject to a
variety of factors that could cause our actual results or
performance to differ materially from the anticipated results or
performance expressed or implied by such forward-looking
statements. For further information about the risks and
uncertainties that may affect the company's business please refer
to the company's reports and filings with the Securities and
Exchange Commission.
CONTACT: United-Guardian, Inc.
Robert S. Rubinger, Public Relations
(631) 273-0900
![company logo](http://media.primezone.com/cache/11199/small/6696.jpg)
United Guardian (NASDAQ:UG)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
United Guardian (NASDAQ:UG)
Historical Stock Chart
Von Jul 2023 bis Jul 2024