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Stock impact report

Virco Announces First Quarter Cash Dividend [Yahoo! Finance]

Virco Manufacturing Corporation (VIRC) 
US:NASDAQ Investor Relations: virco.com/investors
Company Research Source: Yahoo! Finance
and equipment for educational environments in the United States, declared a cash dividend for the first quarter of fiscal 2025 of $0.02 per share of common stock, payable on April 10, 2024 to shareholders of record as of March 7, 2024. The Company is currently in the closing process for its fiscal year ended January 31, 2024. After reviewing preliminary results for the year, Virco's Board of Directors declared the dividend based on the Company's expected continued strong performance. Commenting on the dividend and Virco's progress, Chairman and CEO Robert Virtue said: “As long-time shareholders know, it has been our goal to restore a regular cash dividend as a way of sharing Virco's success with its owners. In addition, we are in the process of implementing the previously-announced share repurchase program. In combination with the dividend, we anticipate that this will provide a balanced portfolio of shareholder returns. Our financial strength also permits us to follow through o Show less Read more
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