HEALTHINFUSION DECLARES SPECIAL 50 PERCENT DIVIDEND
HEALTHINFUSION DECLARES SPECIAL 50 PERCENT DIVIDEND MIAMI, Nov. 14 /PRNewswire/ -- HealthInfusion, Inc.
(NASDAQ-NMS: HINF) today announced that its board of directors has declared a special 50 percent stock dividend pursuant to which the shareholders of HealthInfusion will receive one share of common stock for each two shares of common stock held by such shareholder. The record date for the dividend is Nov. 29, 1991, and the dividend is expected to be paid on or about Dec. 16, 1991. HealthInfusion will pay cash in lieu of issuing fractional shares based on the closing price of the common stock as of Nov. 29, 1991.
Miles Gilman, president and chief executive officer, commented, "HealthInfusion is pleased to announce this stock dividend as a result of our continued earnings growth and stock appreciation." HealthInfusion provides home infusion therapy services and supplies to patients in their homes in 18 states from 14 regional facilities located in Florida, Georgia, Illinois, Indiana, New York, North Carolina, Oklahoma, Pennsylvania and Texas. -0- 11/14/91 /CONTACT: Miles Gilman, president and CEO of HealthInfusion, 305-267-1177/ (HINF) CO: HealthInfusion, Inc. ST: Florida IN: HEA SU: DIV AW-PH -- FL003 -- 4280 11/14/91 09:05 EST
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|Date:||Nov 14, 1991|
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