Retractable Technologies, Inc. Declares Dividends to Series I and II Class B Preferred Stock Shareholders

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LITTLE ELM, Texas--(BUSINESS WIRE)--Retractable Technologies, Inc. (NYSE MKT: RVP) announced today that its Board of Directors has declared dividends to holders of its Series I Class B and Series II Class B Convertible Preferred Stock in the amounts of $12,937.50 and $44,675.00, respectively. The dividend amount is $0.125 per share for Series I Class B shareholders and $0.25 per share for Series II Class B shareholders. Dividends have accrued at 10% per annum and cover amounts in arrears from March 31, 2013 through date of conversion or June 30, 2013, whichever is applicable. The dividends will be paid on July 22, 2013 to shareholders of record as of the close of business on July 10, 2013.

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