Vecima Networks Declares CAD 0.055 Quarterly Dividend
Vecima Networks (VNWTF) has declared a quarterly dividend of CAD 0.055 per share, consistent with its previous payout. The dividend will be payable on November 9 to shareholders of record as of October 16, with an ex-dividend date also set for October 16. The company is also in the process of selling its Telematics business to Lantronix for approximately CAD 16.5 million. This transaction and continued dividend payments suggest a strategic focus on asset optimization while maintaining shareholder returns.
Tickers: $VNWTF
Topics: dividend Vecima Networks