Q.E.P. Co., Inc. Announces Regular Quarterly Cash Dividend
Q.E.P. Co (OTCQX: QEPC) has announced a new regular quarterly cash dividend policy. The company will pay a quarterly dividend of $0.20 per share on February 28, 2025, to shareholders of record as of February 3, 2025. The Board of Directors approved this policy as part of their strategy to enhance stockholder value and demonstrate confidence in sustained earnings growth. While committed to regular quarterly dividends, future payments will depend on various factors including financial results and acquisition opportunities. The company also plans to explore additional capital return methods, including potential share repurchases.
Q.E.P. Co (OTCQX: QEPC) ha annunciato una nuova politica di dividendi in contante regolari trimestrali. L'azienda pagherà un dividendo trimestrale di 0,20 $ per azione il 28 febbraio 2025, agli azionisti registrati entro il 3 febbraio 2025. Il Consiglio di Amministrazione ha approvato questa politica come parte della loro strategia per aumentare il valore per gli azionisti e dimostrare fiducia nella crescita persistente degli utili. Pur essendo impegnati a distribuire dividendi trimestrali regolari, i pagamenti futuri dipenderanno da vari fattori, compresi i risultati finanziari e le opportunità di acquisizione. L'azienda prevede anche di esplorare metodi aggiuntivi di restituzione di capitale, inclusi potenziali riacquisti di azioni.
Q.E.P. Co (OTCQX: QEPC) ha anunciado una nueva política de dividendos en efectivo trimestrales. La compañía pagará un dividendo trimestral de $0.20 por acción el 28 de febrero de 2025, a los accionistas registrados al 3 de febrero de 2025. La Junta de Directores aprobó esta política como parte de su estrategia para mejorar el valor para los accionistas y demostrar confianza en el crecimiento sostenido de las ganancias. Aunque están comprometidos con dividendos trimestrales regulares, los pagos futuros dependerán de varios factores, incluyendo resultados financieros y oportunidades de adquisición. La compañía también planea explorar métodos adicionales de retorno de capital, incluyendo posibles recompras de acciones.
Q.E.P. Co (OTCQX: QEPC)는 새로운 정기 분기 현금 배당 정책을 발표했습니다. 회사는 2025년 2월 28일에 주당 0.20달러의 분기 배당금을 지급할 예정이며, 2025년 2월 3일 기준 주주에게 지급됩니다. 이사회는 주주 가치를 증대하고 지속적인 수익 성장에 대한 신뢰를 입증하기 위한 전략의 일환으로 이 정책을 승인했습니다. 정기적인 분기 배당금을 지급하겠지만, 향후 지급액은 재무 결과 및 인수 기회 등 다양한 요인에 따라 달라질 것입니다. 회사는 또한 잠재적인 자사주 매입을 포함하여 추가적인 자본 환원 방법을 탐색할 계획입니다.
Q.E.P. Co (OTCQX: QEPC) a annoncé une nouvelle politique de dividende en espèces trimestrielle régulière. La société versera un dividende trimestriel de 0,20 $ par action le 28 février 2025, aux actionnaires enregistrés au 3 février 2025. Le conseil d'administration a approuvé cette politique dans le cadre de sa stratégie pour augmenter la valeur des actionnaires et démontrer sa confiance dans la croissance soutenue des bénéfices. Bien que l'entreprise soit engagée à verser des dividendes trimestriels réguliers, les paiements futurs dépendront de divers facteurs, y compris les résultats financiers et les opportunités d'acquisition. L'entreprise envisage également d'explorer d'autres méthodes de retour de capital, y compris d'éventuels rachats d'actions.
Q.E.P. Co (OTCQX: QEPC) hat eine neue regelmäßige vierteljährliche Barausschüttungspolitik bekannt gegeben. Das Unternehmen wird am 28. Februar 2025 eine vierteljährliche Dividende von 0,20 $ pro Aktie an die zum 3. Februar 2025 registrierten Aktionäre zahlen. Der Vorstand hat diese Politik als Teil ihrer Strategie genehmigt, den Wert für Aktionäre zu steigern und Vertrauen in ein nachhaltiges Gewinnwachstum zu zeigen. Obwohl das Unternehmen sich zu regelmäßigen vierteljährlichen Dividenden verpflichtet hat, hängen künftige Zahlungen von verschiedenen Faktoren ab, einschließlich finanzieller Ergebnisse und Akquisitionsmöglichkeiten. Das Unternehmen plant auch, zusätzliche Methoden zur Rückführung von Kapital, einschließlich möglicher Aktienrückkäufe, zu prüfen.
- Introduction of new quarterly dividend of $0.20 per share
- Commitment to regular quarterly dividend payments
- Potential additional capital returns through share repurchases
- Dividend payments subject to Board discretion and company performance
- Future dividend amounts not guaranteed
Next dividend of
BOCA RATON, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Q.E.P. CO., INC. (OTCQX: QEPC) (the “Company” or “QEP”) today announced that its Board of Directors (the “Board”) has approved a regular quarterly cash dividend policy. The next quarterly cash dividend will be
"We are pleased to introduce this dividend policy as part of our ongoing efforts to enhance stockholder value," said President & CEO, Leonard Gould. "This decision underscores our commitment to disciplined capital management and reflects our confidence in the Company’s ability to generate sustained earnings growth."
The Company intends to pay regular quarterly cash dividends for the foreseeable future. However, the amount of any quarterly dividends and the declaration, timing and amount of any other dividends will be subject to the discretion and approval of the Board based on a number of factors, including the Company’s financial results, acquisition opportunities, and other factors the Board deems relevant at the time.
In addition to the regular cash dividend, the Company intends to continue to be proactive in considering additional ways of returning capital to stockholders, which may include share repurchases.
About QEP
Founded in 1979, Q.E.P. Co., Inc. is a leading designer, manufacturer and distributor of a broad range of best-in-class flooring installation solutions for commercial and home improvement projects. QEP offers a comprehensive line of specialty installation tools, adhesives, and underlayment. QEP sells its products throughout the world to home improvement retail centers, and professional specialty distribution outlets, under brand names including QEP®, LASH®, ROBERTS®, Capitol®, Premix-Marbletite® (PMM), Brutus®, Homelux®, PRCI®, and Tomecanic®.
QEP is headquartered in Boca Raton, Florida with other facilities in the United States, Canada, Europe and Asia.
Please visit our website at www.qepcorporate.com.
Forward-Looking Statements
All statements contained in this press release, other than statements of historical facts, may constitute forward-looking statements within the meaning of the federal securities laws. These statements can be identified by words such as "expects," "plans," "projects," "will," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning. These forward-looking statements include, but are not limited to, statements regarding implementation of the Company’s strategies and increasing profitability and stockholder value. Any forward-looking statements contained herein are based on current expectations and beliefs, and are subject to a number of risks and uncertainties, including those listed in the Company’s annual report, as such risk factors may be amended, supplemented or superseded from time to time by other reports and disclosures made by the Company. Forward-looking statements may also be adversely affected by general market factors, competitive product development, product availability, federal and state regulations and legislation, manufacturing issues that may arise, patent positions and litigation, scarcity and rising cost for raw materials, shifts in global sourcing patterns, and general inflationary pressures, economic conditions, sales growth, price increases, maintaining and improving profitability, product development and marketing, operating expenses, cost savings, the successful completion of acquisitions and dispositions, acquisition integration, operational synergy realization, global sourcing, political uncertainty, cash flow, debt and currency exchange rates, among other factors. The forward-looking statements contained in this press release speak only as of the date the statements were made, and the Company does not undertake any obligation to update forward-looking statements, except as required by law.
CONTACT:
Q.E.P. Co., Inc.
Enos Brown
Executive Vice President and
Chief Financial Officer
561-994-5550
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