Cadre Holdings Declares Quarterly Dividend of $0.08 Per Share

Rhea-AI Summary

Cadre Holdings, Inc. (NYSE: CDRE) has announced a quarterly dividend of $0.08 per share, equating to $0.32 annually. This dividend will be paid on February 17, 2023 to shareholders recorded as of February 3, 2023. Cadre specializes in manufacturing safety and survivability equipment for first responders, with products used in over 100 countries. The declaration of future dividends is subject to the Company's Board of Directors' discretion.

Positive

• Quarterly cash dividend of $0.08 per share announced.
• Annualized dividend amounts to $0.32 per share.

Negative

• None.

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Cadre Holdings, Inc. (NYSE: CDRE) (“Cadre” or “the Company”), a global leader in the manufacturing and distribution of safety and survivability equipment for first responders, today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share, or $0.32 per share on an annualized basis. Cadre's dividend payment will be made on February 17, 2023 to shareholders of record as of the close of business on the record date of February 3, 2023. The declaration of any future dividend is subject to the discretion of the Company's Board of Directors.

About Cadre

Headquartered in Jacksonville, Florida, Cadre is a global leader in the manufacturing and distribution of safety and survivability products for first responders. Cadre's equipment provides critical protection to allow users to safely and securely perform their duties and protect those around them in hazardous or life-threatening situations. The Company's core products include body armor, explosive ordnance disposal equipment, and duty gear. Our highly engineered products are utilized in over 100 countries by federal, state and local law enforcement, fire and rescue professionals, explosive ordnance disposal teams, and emergency medical technicians. Our key brands include Safariland® and Med-Eng®, amongst others.

Forward-Looking Statements

Please note that in this press release we may use words such as “appears,” “anticipates,” “believes,” “plans,” “expects,” “intends,” “future,” and similar expressions which constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are made based on our expectations and beliefs concerning future events impacting the Company and therefore involve a number of risks and uncertainties. We caution that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in the forward-looking statements. Potential risks and uncertainties that could cause the actual results of operations or financial condition of the Company to differ materially from those expressed or implied by forward-looking statements in this release, include, but are not limited to, those risks and uncertainties more fully described from time to time in the Company's public reports filed with the Securities and Exchange Commission, including under the section titled “Risk Factors” in the Company's Annual Report on Form 10-K, and/or Quarterly Reports on Form 10-Q, as well as in the Company’s Current Reports on Form 8-K. All forward-looking statements included in this press release are based upon information available to the Company as of the date of this press release and speak only as of the date hereof. We assume no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230124006001/en/

Gray Hudkins

Cadre Holdings, Inc.

203 550 7148

gray.hudkins@cadre-holdings.com



Investor Relations:

The IGB Group

Leon Berman / Matt Berkowitz

212 477 8438 / 212 227 7098

lberman@igbir.com / mberkowitz@igbir.com



Media Contact:

Jonathan Keehner / Andrew Siegel

Joele Frank, Wilkinson Brimmer Katcher

212 355 4449

Source: Cadre Holdings, Inc.

FAQ

What is the dividend amount for Cadre Holdings, Inc. (CDRE)?

Cadre Holdings, Inc. has declared a quarterly cash dividend of $0.08 per share.

When will the dividend for CDRE be paid?

The dividend will be paid on February 17, 2023.

What is the record date for Cadre's dividend?

The record date for the dividend is February 3, 2023.

How frequently does Cadre Holdings pay dividends?

Cadre Holdings pays dividends quarterly, subject to Board approval.

What is the annualized dividend amount for CDRE?

The annualized dividend for Cadre Holdings is $0.32 per share.