Luminex Corporation Declares First Quarter Cash Dividend

Rhea-AI Summary

Luminex Corporation (Nasdaq:LMNX) announced a cash dividend of $0.10 per share for Q1 2021. This dividend will be payable on April 15, 2021, to stockholders recorded as of the close of business on March 25, 2021. The company focuses on delivering reliable and timely solutions in various markets such as clinical diagnostics and drug discovery, emphasizing its commitment to advancing health.

Positive

• Dividend of $0.10 per share enhances shareholder income.
• Demonstrates company confidence in financial stability.

Negative

• None.

AUSTIN, Texas, Feb. 8, 2021 /PRNewswire/ -- Luminex Corporation (Nasdaq:LMNX) (the "Company") today announced that its board of directors declared a cash dividend for the first quarter of 2021 of $0.10 per share of common stock payable on April 15, 2021 to stockholders of record as of the close of business March 25, 2021.

About Luminex Corporation
At Luminex, our mission is to empower labs to obtain reliable, timely, and actionable answers, ultimately advancing health.  We offer a wide range of solutions applicable in diverse markets including clinical diagnostics, pharmaceutical drug discovery, biomedical research, genomic and proteomic research, biodefense research, and food safety. We accelerate reliable answers while simplifying complexity and deliver certainty with a seamless experience. To learn more about Luminex, please visit us at www.luminexcorp.com.

Contacts:

Harriss Currie
Senior Vice President of Finance and
Chief Financial Officer
hcurrie@luminexcorp.com
512-219-8020

Carla Stanaford
Investor Relations
937-469-2120
cstanaford@luminexcorp.com

 

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SOURCE Luminex Corporation

FAQ

What is the dividend amount declared by Luminex Corporation?

Luminex Corporation declared a dividend of $0.10 per share for Q1 2021.

When is the dividend payable for Luminex Corporation?

The dividend is payable on April 15, 2021.

What is the record date for Luminex Corporation's dividend?

The record date for the dividend is March 25, 2021.

How often does Luminex Corporation pay dividends?

Luminex Corporation typically pays dividends quarterly.

Is the dividend declared by Luminex Corporation sustainable?

The sustainability of the dividend depends on the company's ongoing financial performance.