Northern Technologies International Corporation Suspends Quarterly Cash Dividend Pending Clarity on COVID-19
Northern Technologies International Corporation (NTIC)
Last northern technologies international corporation earnings: 4/7 08:00 am
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US:NASDAQ Investor Relations:
ir.ntic.com/investor-relations
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Source: GlobeNewswire
MINNEAPOLIS, April 23, 2020 (GLOBE NEWSWIRE) -- Northern Technologies International Corporation (NASDAQ: NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today announced the temporary suspension of its quarterly cash dividend pending clarity on the COVID-19 crisis. G. Patrick Lynch, President and Chief Executive Officer of NTIC, stated: “The COVID-19 pandemic continues to have a material impact on the global economy. With many of our global customers currently running at a fraction of their regular capacity or locked down altogether, we anticipate sales for our third quarter to be down significantly. Given this uncertainty, NTIC’s Board of Directors decided to temporarily suspend our quarterly cash dividend. We will consider the reinstatement of a quarterly cash dividend when the extent of the impact of the COVID-19 pandemic on the Company's results of operations is clearer.” About Northern
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NTIC
Earnings
- 4/11/24 - In-Line
NTIC
Analyst Actions
- 2/28/24 - TheStreet
NTIC
Sec Filings
- 4/24/24 - Form 4
- 4/11/24 - Form 10-Q
- 4/11/24 - Form 8-K
- NTIC's page on the SEC website