UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 8, 2011
United-Guardian, Inc.
(Exact name of registrant as specified in its charter)
Delaware |
001-10526 |
11-1719724 |
(State or other jurisdiction of incorporation) |
(Commission File Number) | (IRS Employer Identification No.) |
230 Marcus Boulevard, Hauppauge, New York 11788 |
(Address of principal executive offices) |
Registrant's telephone number, including area code: (631) 273-0900
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: |
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[ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
[ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
[ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
[ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 7.01. Regulation FD Disclosure.
On December 8, 2011 the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
Exhibit 99.1. Press release dated December 8, 2011
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
United-Guardian, Inc. |
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Date: December 8, 2011 | By: | /s/ KEN GLOBUS Ken Globus President |
Exhibit Index | ||
99.1 | Press release dated December 8, 2011 |
EXHIBIT 99.1
HAUPPAUGE, N.Y., Dec. 8, 2011 (GLOBE NEWSWIRE) -- United-Guardian, Inc. (Nasdaq:UG) announced that on December 7, 2011 its Board of Directors declared a $0.44 per share cash dividend, to be paid on December 23, 2011 to all stockholders of record as of December 16, 2011. This increases to $0.80 per share the dividends declared by the company this year, a 27% increase over last year and a record for the company in any one year. This will be the 16th consecutive year that the company has paid a year-end dividend.
Ken Globus, President of United-Guardian, stated, "This year has been another strong one for the company, with our nine-month earnings per share already having exceeded our earnings per share for all of last year. Based on our strong sales and earnings this year, as well as the very strong financial condition of the company, the Board of Directors determined that it is in the best interests of the company and its stockholders to pay this record year-end dividend. Based on the current stock price, our dividend yield is now approximately 5.3%. The management of the company and its Board members are pleased to once again be able to share the company's success with its shareholders, and we are confident that we will be able to continue to increase our sales and earnings in 2012 despite the problems that continue to plague the global economic community."
United-Guardian is a manufacturer of personal and health care products, pharmaceuticals, cosmetic bases, and specialty industrial products.
The United-Guardian, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6000
NOTE: This press release contains both historical and "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements about the company's expectations or beliefs concerning future events, such as financial performance, business prospects, and similar matters, are being made in reliance upon the "safe harbor" provisions of that Act. Such statements are subject to a variety of factors that could cause Registrant's actual results or performance to differ materially from the anticipated results or performance expressed or implied by such forward-looking statements. For further information about the risks and uncertainties that may affect the company's business please refer to the company's reports and filings with the Securities and Exchange Commission.
CONTACT: Robert S. Rubinger Public Relations (631) 273-0900