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DORADO, PUERTO RICO - Pharma-Bio Serv, Inc. (OTCQB:PBSV), a consulting firm specializing in regulatory compliance and quality management for various industries, has declared a special dividend for its shareholders. The company’s Board of Directors approved a payout of $0.075 per share, to be distributed on or about March 20, 2025, to shareholders on record as of February 28, 2025. According to InvestingPro data, this special dividend comes as the company maintains a strong liquidity position with a current ratio of 8.39, indicating robust short-term financial health.
Pharma-Bio Serv operates mainly within the pharmaceutical, biotechnology, medical device, cosmetic, food, and allied products sectors, offering services that include project management and technology transfer support. The company extends its services across Puerto Rico, the United States, Europe, and Latin America, employing a team of engineering, life science professionals, and quality assurance managers. With a market capitalization of $13.45 million, InvestingPro analysis suggests the stock is currently trading below its Fair Value, presenting a potential opportunity for value investors. The platform identifies several additional promising indicators, including expected net income growth this year.
This announcement of a special dividend follows Pharma-Bio Serv’s commitment to providing value to its shareholders and reflects the company’s financial strategies. Dividends are typically paid out of a company’s profits, and special dividends can be seen as a sign of a company’s strong financial health or a surplus of cash. The company maintains minimal debt with a debt-to-equity ratio of just 0.02, and InvestingPro’s Financial Health Score of 2.8 indicates "GOOD" overall financial condition.
Investors should note that forward-looking statements were included in the company’s press release, which involve risks and uncertainties that could cause actual results to differ materially from those projected. Such statements are based on management’s expectations as of the date of the news release and are subject to change. Factors that could influence Pharma-Bio Serv’s performance include those listed in the "Risk Factors" section of the company’s most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.
The information in this article is based on a press release statement from Pharma-Bio Serv, Inc. and does not constitute an endorsement of the company’s performance or future prospects. Investors are advised to consider the inherent risks and uncertainties associated with forward-looking statements when making investment decisions.
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