WAKEFIELD, Mass.--(BUSINESS WIRE)--PolyMedica Corporation (NASDAQ: PLMD) announced today that its Board of Directors has declared a regular cash dividend for its fiscal 2007 fourth quarter ended March 31, 2007, of $0.15 per share of PolyMedica common stock. The dividend is payable on May 17, 2007, to shareholders of record at the close of business on May 7, 2007.