Short take: Invacare

Tuesday, August 12, 2014

The board of directors of Elyria, Ohio-based Invacare has declared a cash dividend of $.0125 per share on its common shares and $.011364 per share on its Class B common shares payable Oct. 10, 2014, to shareholders on record on Oct. 2, 2014. Invacare recently reported a net loss in earnings of $13.6 million for the second quarter compared to a loss of $12.5 million for the same period last year. Net sales were $331.3 million vs. $344.8 million. It also announced recently that Rob Gudbranson would become its interim president and CEO.