ProPhase Labs (PRPH) Declares $1.00 Special Dividend; 34.6% Yield

ProPhase Labs (NASDAQ: PRPH) declared a special dividend of $1.00 per share. The dividend will be payable on June 5, 2018, to stockholders of record on May 21, 2018. The annual yield on the dividend is 34.6 percent.

“We are pleased to return to our stockholders a common dividend of $1.00 per share, which represents 34.6% of its closing price of $2.89 per share as of May 7, 2018. This dividend provides an immediate benefit to our stockholders, while allowing us to remain well positioned for future growth with ample liquidity for strategic opportunities that may arise,” said Ted Karkus, Chairman and Chief Executive Officer of ProPhase.

Mr. Karkus continued, “I would like to personally thank our stockholders for their unwavering support and loyalty.”

For a dividend history and other dividend-related data on ProPhase Labs (PRPH) click here.

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