OBCI - Dividend announcements

Star brite Inc. Parent Company Reports First Quarter Net Sales of $12.7 Million and Net Income of $1.3 Million FORT LAUDERDALE, Fla., May 16, 2022 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ:OBCI), the parent company of Star brite Inc. and Kinpak Inc. — vertical manufacturer and distributor of performance, appearance, maintenance, and disinfectant chemicals for the marine, RV, and outdoor industries is pleased to announce its first-quarter 2022 financial results. 2022 -First Quarter Highlights:First quarter net sales of $12.7 millionFirst quarter net income of $1.3 million,First quarter net income as a percent of sales – 10.2%Cash on hand $10.2 million at March 31st, 2022, with a ratio of 7

FORT LAUDERDALE, Fla., Feb. 28, 2022 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ:OBCI), the premier manufacturer and distributor for specialty chemicals in the marine, automotive, recreational vehicle and home care markets, today announced that the Company's Board of Directors approved a quarterly regular dividend increase of 33 percent and declared a regular quarterly dividend of $0.04 per share on the Company's Common Stock. The Company will now pay an annual regular dividend of $0.16 per share. The dividend is payable on March 25, 2022, to the Company's Common Stock Shareholders on record on March 10, 2022. The Company will be reporting full year 2021 financial results on March 31, 2022.

FORT LAUDERDALE, Fla., Nov. 15, 2021 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ:OBCI), a leader in performance and appearance chemicals, released its third quarter 2021 financial results today. Third Quarter 2021 Financial Highlights Net Sales increased 12% over Q3 2020 to $21.5 million Record year-to-date net sales increased 18% to $50.3 million Cash on hand increased 62% over Q3 2020 to $10.7 million Ratio of 6.12:1 of current assets to liabilities $11 million plant expansion is on time and entering final phase"2021 has been as great year for sales and profits, if we discount our reduced sales of Performacide–our EPA-registered disinfectant for COVID-19—as compared to 2020. Last year's

FORT LAUDERDALE, Fla., Aug. 16, 2021 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI), the parent company of Star brite, Inc. and Kinpak Inc.—vertical manufacturer and distributor of performance, appearance, maintenance, and disinfectant chemicals for the marine, RV, and outdoor industries—is pleased to announce its record financial results for the first six months of 2021. Record net income for the first six months of 2021 was approximately $4.5 million, a 10.5% increase compared to net income of approximately $4.1 million for the first six months of 2020. The six-month 20

FORT LAUDERDALE, Fla., May 17, 2021 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ:OBCI), the parent company of Star brite, Inc. and Kinpak, Inc. — vertical manufacturer and distributor of performance, appearance, maintenance, and disinfectant chemicals for the marine, RV, and outdoor industries is pleased to announce its record first-quarter 2021 financial results. 2021 -First Quarter Highlights: Record first quarter net income of $1.9 million, up 204% compared to same period 2020. Record first quarter net sales of $13.1 million, up 68% compared to same period 2020. Record firs

FORT LAUDERDALE, Fla., March 29, 2021 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI), the parent company of Star brite, Inc. and Kinpak Inc.—vertical manufacturer and distributor of performance, appearance, maintenance, and disinfectant chemicals for the marine, RV, and outdoor industries is pleased to announce its fourth-quarter and full-year 2020 financial results.2020 Highlights Record fourth quarter net sales of $12.9 million, up 32% compared to 2019 Record fourth quarter net income of $881,000, up 36% compared to 2019 Record full-year net sales of $55.6 million, up 32% compared to 2019 Record full-year net income of $9.6 million, up 175% compared to 2019

FORT LAUDERDALE, Fla., March 1, 2021 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI), parent company of Star brite, Inc.—vertical manufacturer and distributor of performance, appearance, and maintenance chemicals for the marine, RV, and outdoor industries — is pleased to announce the Board of Directors unanimously voted to increase the annual dividend to $0.12 per share of common stock, payable quarterly at a rate of $0.03 per share. The current dividend is payable on March 25, 2021, to holders of record of the Company's Common Stock on March 11,2021.   President and CEO, Peter Dornau, commented on the vote, "We are just passing the Q1 halfway mark, and our shipments and open orders so f