Source - Alliance News
NIOX Group PLC - Oxford-based developer of medical devices for asthma diagnosis and management - Believes that cash generation and resources of the group are now at a level where a dividend payment is possible. The company says that a special dividend of 2.5 pence per ordinary share will be paid on September 15.
Executive Chair Ian Johnson: ‘We remain confident in the prospects for the business and now anticipate paying further dividends to shareholders from your ongoing cash flow.’
Current stock price: 64.10 pence, up 2.7%
12-month change: up 80%
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