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SPAN ex-dividend on 6/7 (18%, special)

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Span-America, a maker of medical equipments, will pay a special dividend of $5.00 on June 6 to holders as of Thursday, June 7. That’s 18% of the share price of $27. Span-America will fund the dividend with cash generated from the liquidation of short-term investments and new long-term debt. SPAN just announced a very solid quarter, and will be a regular quarterly dividend of 8 cents per share ex-dividend on 5/21.

SPAN quote

This entry was posted on Thursday, May 17th, 2007 at 8:58 am and is filed under Div Alert. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

6 Responses to “SPAN ex-dividend on 6/7 (18%, special)”

  1. nobody Says:
    May 19th, 2007 at 3:06 pm

    Span-America Medical Systems, Inc. announced that the Board has declared a regular quarterly dividend of $0.08 per share to be paid on June 6, 2007, to shareholders of record on May 23, 2007. This regular dividend represents a 78% increase over the regular dividend paid this time last year

  2. Jim Says:
    May 26th, 2007 at 10:08 am

    FIZ - RCNI - CDL - SWS dividends to be paid and not listed here.

  3. Tarun Says:
    May 27th, 2007 at 9:42 am

    If I buy the Span-America Medical Systems on 5/29/07, do I receive the $5.00 special dividend?
    Please let me know.
    Thanks
    Tarun

  4. Sam Says:
    May 27th, 2007 at 10:52 am

    Yes, 5/29 is before 6/7.

    FIZ is a 4:5 split, not a cash dividend.

  5. JIM Says:
    June 2nd, 2007 at 5:36 pm

    There is some confusion as to record date for special $5. dividend. Is it 5/23/07 or 6/7/07?

  6. john Says:
    June 4th, 2007 at 5:03 pm

    Record date means nothing, X date is the only one that counts.

    http://smartdividend.com/static/FAQ.html

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