LITTLE ELM, Texas--(BUSINESS WIRE)--Retractable Technologies, Inc. (AMEX:RVP) announced today that its board of directors has declared dividends to holders of Series I Class B and Series II Class B Convertible Preferred Stock in the amount of $270,000 and $790,000, respectively. Dividends have accrued at 10% per annum and cover amounts in arrears from July 1, 2004 through date of conversion or June 30, 2007, whichever is applicable. The dividends will be paid on July 24, 2007 to shareholders of record as of the close of business on July 2, 2007.
