CLRO - Why ClearOne Stock Is Soaring | Benzinga
ClearOne, Inc. (NASDAQ:CLRO) shares are trading higher Tuesday after the company declared a one-time special cash dividend of 50 cents per share of ClearOne common stock.
The Details:
The dividend will be payable on April 10 to shareholders of record on April 2, and because the special cash dividend exceeds 25% of the value of the company’s common stock, a stockholder that sells shares on or prior to April 10 will not receive the one-time special cash dividend for the company shares that are ...