Leading international table-game supply company Gaming Partners International announced that its board of directors has authorized a special cash dividend of 12 cents per common share to be paid no later than December 22 to shareholders of record as of December 8.
As of November 27, the company had 7,932,094 common shares issued and outstanding resulting in an aggregate dividend of $951,851.28.
“The board determined that it was in the shareholders’ best interests to pay a special cash dividend for 2017,” said Greg Gronau, president and CEO of GPI. “The dividend of $0.12 per common share reflects the company’s continued profitability during 2017 and the strong balance sheet at 30 September 2017, which included more than $12 million in cash. This dividend payment reflects our past success.”
