NovaBay Pharmaceuticals announced a one-time special cash dividend of $0.80 per share of common stock.
The dividend will be payable on September 29, 2025, to stockholders of record as of September 15, 2025.
NYSE American informed that the common stock will trade with 'due bills' during the Dividend Right Period.
Special Dividend Declaration
NovaBay announced a special cash dividend of $0.80 per share to be paid on September 29, 2025.
Stockholder Information
Stockholders of record as of September 15, 2025, will be eligible for the special dividend; selling stock during the Dividend Right Period will forfeit the dividend.
Due Bill Procedure
NYSE American's due bill procedures will apply during the Dividend Right Period, affecting stock trading and dividend entitlement.
- The special dividend reflects NovaBay's commitment to providing value to its stockholders.
- Stock trading dynamics will be affected by the due bills during the Dividend Right Period.
NovaBay's decision to issue a special dividend demonstrates its focus on shareholder value. Stockholders should be aware of the implications of the due bill procedures during the Dividend Right Period.