Nutraceutical International Corporation (NASDAQ: NUTR) today announced that its Board of Directors has declared a first ever, special cash dividend on Nutraceutical International Corporation common stock of $1.00 per share payable December 28, 2012, to shareholders of record on December 21, 2012. The aggregate amount of payments to be made in connection with this special dividend will be approximately $9.8 million.
"Today's announcement of a $1.00 special dividend, payable prior to the end of the calendar year, provides us with an opportunity to return some capital to our shareholders," said Bill Gay, chairman and chief executive officer. "We have had a strong year, our business fundamentals remain strong, we believe the company is well positioned to move forward aggressively and we are confident in our ability to fund our growth and acquisition plans and continue our stock repurchase program."
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