WAKEFIELD, Mass.--(BUSINESS WIRE)--PolyMedica Corporation (NASDAQ: PLMD) announced today that its Board of Directors has declared a regular cash dividend for its fiscal 2008 first quarter ended June 30, 2007, of $0.15 per share of PolyMedica common stock. The dividend is payable on August 16, 2007, to shareholders of record at the close of business on August 6, 2007.