Tag: Dividend

ELYRIA, Ohio - Invacare has appointed Barbara Bodem to its board of directors, the company announced Aug. 21. Bodem has served as senior vice president of finance for Mallinckrodt, a global specialty pharmaceutical company, since October 2015. Invacare says Bodem brings “strong finance, senior management and industry expertise” to the board. The company now has eight directors, seven of whom are considered independent. The board recently declared a cash dividend of $.0125 per share...

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...

TORONTO - Prism Medical's board of directors approved a dividend of $0.08 per common share, payable on March 3 to shareholders of record on Feb. 21, the company announced Jan. 28. Prism Medical provides durable medical equipment, with a focus on mobility equipment, in the U.S., Canada and the U.K.

ELYRIA, Ohio, and SAN DIEGO - The board of directors of Incavare has announced a cash dividend of $0.0125 per share of common shares and $0.011364 per share of Class B common shares, to be paid Jan. 13, 2014, to shareholders of record on Jan. 3, 2014. ResMed announced a quarterly dividend of 0.25 per share, to be paid Dec. 18 to stockholders of record Nov. 19. The dividend is $1.00 annualized with a yield of 1.96%.

ELYRIA, Ohio - Invacare's board of directors has announced a cash dividend of $0.0125 per share on common shares and $0.011364 per share on Class B common shares, payable Oct. 11 to shareholders of record on Oct 3. Headquartered in Elyria, Ohio, Invacare is the largest manufacturer of home and long-term care medical products.

SAN DIEGO - Dr. Pete Farrell will remain CEO of ResMed until the end of the calendar year 2013, per the request of the manufacturer's board of directors.In the meantime, ResMed will continue to evaluate potential internal CEO candidates.“When the board decides that there are suitable internal candidates for the role, the board plans to compare and contracts those candidates with potential external candidates,” the manufacturer stated in a press release.ResMed expects this process to be...

LAKE FOREST, Calif. - Do you know what a “dividend recapitalization” is? I didn't, but I do now. This issue comes up because recently I ran into news stories involving two industry companies: Apria Healthcare and Attends Healthcare, a maker of adult incontinence items. Apria, pending shareholders approval, has arranged a $500 million “dividend recap” and Attends $98 million. Here's what Investopedia, an online investing dictionary, says about dividend recaps: When...

Now that you know what a dividend recapitalization is, here's some additional insight on The Blackstone Group and Apria Healthcare from Bob Leonard, an analyst with the Pittsburgh-based mergers and acquisition firm, The Braff Group. What Blackstone's $500 million dividend recap from Apria means in his own words “They're basically paying themselves. I mean, they still own what they own. They haven't reduced their ownership position at all. They've just further leveraged...

Do you know what a "dividend recapitalization is?" I didn't but I do now, and if you read a little further, you will, too. It's interesting. This issue comes up because last week I ran into news stories involving two industry companies: Attends Healthcare, a maker of adult incontinence items, and Apria. Attends recently arranged a $98 million "dividend recap" and Apria, pending shareholders approval, will do a $500 million dividend recap. Here's what Investopedia, an online investing...

I received an email from industry attorney Elizabeth Hogue yesterday that included an article she wrote on patient freedom of choice. This issue comes up from time to time, and HME providers are always very passionate about it. When it comes to choosing an HME provider, there are no gray areas. Patients have the final say--not physicians. I think you'll find this article very informative. Mike Moran Physicians and Patients' Right to Freedom of Choice Providers are increasingly...