Las Vegas, NV -- (SBWIRE) -- 09/05/2013 -- Liberator Medical Holdings, Inc. (OTCBB:LBMH) announced that on 30thAugust, 2013, its Board of Directors approved a cash dividend of $0.03 per common share to its shareholders.
This is the third cash dividend paid to shareholders in 2013 and in the history of Liberator Medical Holdings, Inc. The dividend will be paid on 10th October, 2013, to all shareholders of record as of the close of business on 26th September, 2013. The policy of the company is to pay a sustainable quarterly dividend to its shareholders. The Board of Directors of Liberator Medical evaluates the amount and timing of future dividends based on the operating results of the company, financial condition, capital requirements and general business conditions on a quarterly basis.
Liberator Medical Holdings, Inc. has purchased 264,649 shares on the open market at an average cost of $1.62 per share since the Board of Directors has authorized the buyback of up to 1,000,000 shares of common stock on 13th June, 2013.
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