Meridian Bioscience, Inc. (VIVO) Declares Regular Quarterly Dividend and Accelerates Payment Date to December 24, 2012
12/4/2012 10:34:33 AM
CINCINNATI--(BUSINESS WIRE)--Meridian Bioscience, Inc., Cincinnati, Ohio (NASDAQ: VIVO) announced that its Board of Directors today declared an accelerated cash dividend of $0.19 per share payable on December 24, 2012 to shareholders of record on December 14, 2012. The declaration and payment of this cash dividend is in lieu of the regular quarterly cash dividend that would have normally been paid in February 2013. The accelerated payment date is expected to be in the best interest of Meridian's shareholders based on the likelihood of potential tax law changes and the pending increase of the federal tax rate on dividend income in 2013. The next regular quarterly cash dividend is expected to be declared in April 2013 and paid in May 2013.