Q.E.P. Co., Inc. Announces Special Cash Dividend, Payable on or About June 26, 2024
May 15, 2024 at 09:00 pm
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Q.E.P. CO., INC. announced that the Board of Directors of the Company has declared a special cash dividend of $1.00 per share on its common stock. The dividend will be payable on or about June 26, 2024 to stockholders of record as of the close of business on May 31, 2024.
Q.E.P. Co., Inc. is a designer, manufacturer, and distributor of a range of flooring and installation solutions for commercial and home improvement projects around the world. The Company operates through two segments: North America and Europe. The Company offers a comprehensive line of specialty installation tools, adhesives, and underlayment. The Company sells its products throughout the world to home improvement retail centers and professional specialty distribution outlets under brand names, including QEP, LASH, ROBERTS, Capitol, Premix-Marbletite (PMM), Brutus, Homelux, PRCI, and Tomecanic. The Company's specialty tools, and related products are sold through the Company's sales staff; independent manufacturing representatives; outside salaried and commissioned sales representatives; an in-house telemarketing sales force, and e-commerce.