Quarterly Cash Dividend Provides An Annualized Yield Of 9.5%
LARGO, Fla., Feb. 1 /PRNewswire-FirstCall/ -- The Unilens Vision Inc. (OTC Bulletin Board: UVICF) (TSX Venture Exchange: UVI) Board of Directors today declared its regular quarterly cash dividend of U.S. $0.09 per common share, payable February 28, 2008 to stockholders of record at the close of business on February 14, 2008.
"We are pleased to continue the quarterly dividend policy which allows shareholders to share directly in the earnings that have been achieved, while continuing to execute our growth strategy," stated Michael J. Pecora, Chief Executive Officer of Unilens Vision Inc. "The annualized dividend rate of U.S. $0.36 per share provides a dividend yield of 9.5% based on the closing price of our common stock in the U.S. on Thursday, January 31, 2008."
About Unilens Vision Inc. - "The Eye Care Professionals Specialty Contact Lens Company"
Established in 1989, Unilens Vision Inc., through its wholly owned subsidiary Unilens Corp., USA, located in Largo, Florida, develops, licenses, manufactures, distributes and markets specialty contact lenses under the C- Vue, Unilens, Sof-Form, Aquaflex, SoftCon, Lombart, and LifeStyle brands. Additional information on the Company may be accessed on the Internet at http://www.unilens.com. The Company's common stock is listed on the OTC Bulletin Board under the symbol "UVICF" as well as the Canadian TSX Venture Exchange under the symbol "UVI".
(Note: All financial information in this release is stated in U.S. Dollars.)
The information contained in this news release, other than historical information, consists of forward-looking statements that involve risk and uncertainties that could cause actual results to differ materially from those described in such statements. For a discussion of certain factors that could cause actual results to differ materially from those described in the forward- looking statements, please refer to the Company's most recent filings with the SEC and the TSX Venture Exchange. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For more information, please contact:
Leonard Barker CFO, Unilens Vision Inc. at (727) 544-2531
|SOURCE Unilens Vision Inc.|
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