Bio-Techne Declares Dividend

Rhea-AI Summary

Bio-Techne Corporation (NASDAQ: TECH) has declared a quarterly dividend of $0.32 per share for the period ending September 30, 2020. This dividend is payable on November 27, 2020 to shareholders on record as of November 16, 2020. The company reported approximately $739 million in net sales for fiscal 2020 and employs over 2,300 people worldwide. Future dividends will be assessed quarterly by the Board of Directors.

Positive

• Declared quarterly dividend of $0.32 per share.
• Reported approximately $739 million in net sales for fiscal 2020.
• Employs over 2,300 people, indicating strong operational capacity.

Negative

• None.

MINNEAPOLIS, Nov. 5, 2020 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) announced that its Board of Directors has decided to pay a dividend of $0.32 per share for the quarter ended September 30, 2020. The quarterly dividend will be payable November 27, 2020 to all common shareholders of record on November 16, 2020. Future cash dividends will be considered by the Board of Directors on a quarterly basis.

Bio-Techne Corporation (NASDAQ: TECH) is a global life sciences company providing innovative tools and bioactive reagents for the research and clinical diagnostic communities. Bio-Techne products assist scientific investigations into biological processes and the nature and progress of specific diseases. They aid in drug discovery efforts and provide the means for accurate clinical tests and diagnoses. With thousands of products in its portfolio, Bio-Techne generated approximately $739 million in net sales in fiscal 2020 and has over 2,300 employees worldwide. For more information on Bio-Techne and its brands, please visit www.bio-techne.com.

Contact:	David Clair, Senior Director, Investor Relations & Corporate Development
	David.Clair@bio-techne.com
	612-656-4416

 

 

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SOURCE Bio-Techne Corporation

FAQ

What is the dividend amount declared by Bio-Techne Corporation?

Bio-Techne Corporation declared a dividend of $0.32 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on November 27, 2020.

What is the record date for the dividend payment?

The record date for the dividend payment is November 16, 2020.

How much did Bio-Techne Corporation earn in net sales for fiscal 2020?

Bio-Techne Corporation generated approximately $739 million in net sales for fiscal 2020.