red violet Announces Special Cash Dividend Reflecting Operational Strength and Robust Cash Flow Generation
BOCA RATON, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Red Violet, Inc. (NASDAQ:RDVT), a leading analytics and information solutions provider, announced today that its Board of Directors has declared a special cash dividend on red violet common stock of $0.30 per share, payable on or about February 14, 2025, to shareholders of record as of the close of business on January 31, 2025. The aggregate amount of payment to be made in connection with this special dividend will be approximately $4.2 million. The special dividend reflects the strong operational performance and financial resilience of red violet. The company's ability to generate significant cash flow has enabled it to fund ongoing i