- Retractable Technologies, Inc. (RVP, Financial) declares dividends for Series II and III Class B Preferred Stock.
- Total dividends of $57,611.25 to be paid on July 21, 2025.
- Record date for dividends is July 10, 2025.
Retractable Technologies, Inc. (RVP), a leader in safety medical products based in Little Elm, Texas, has announced that its Board of Directors approved dividend payments for its Series II Class B and Series III Class B Convertible Preferred Stock shareholders. The declared dividends amount to $39,050.00 for Series II and $18,561.25 for Series III, covering the period from April 1, 2025, to June 30, 2025.
These dividends are set to be disbursed on July 21, 2025, to those recorded as shareholders by the end of business on July 10, 2025. The dividends are calculated based on an annual rate of $1.00 per share.
Retractable, best known for its VanishPoint® and Patient Safe® safety medical products, is actively engaged in manufacturing innovations that prevent needlestick injuries and combat bloodstream infections. The company also produces the EasyPoint® needle, which caters to a broad range of injection and fluid aspiration needs.
With a market capitalization of $19.46 million, Retractable maintains a significant insider ownership of 56.85% and a float of 12.60 million shares. The company's strategic advancements continue to reinforce its position in the medical instruments and supplies sector.
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