TRxADE Health (NASDAQ:MEDS) shares rose 40% after announcing a special $8 cash dividend per share from asset sale proceeds.
TRxADE Health (NASDAQ:MEDS) shares surged 40% after the company announced a special $8 cash dividend per share, using funds from the sale of its web-based market platform assets. The dividend is payable to stockholders of record as of March 18, with payment expected on or about March 22. The company's shares saw heavy trading volume following the announcement, with over 4.11 million shares traded in the session.
March 06, 2024
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