SRX Global Inc (AMEX:SRXH) shares are down during Wednesday’s session, trading lower by almost 20% as investors react to the company’s recent announcement regarding a one-time cash dividend.
Announces One-Time Cash Dividend
SRX disclosed that its Board of Directors has approved a one-time cash dividend of 5 cents per share. This amounts to approximately $1 million in total and will be distributed to shareholders of record on July 22, 2026.
CEO Kent Cunningham emphasized that this dividend reflects the strength of their investment strategy, particularly highlighting profits from their investment in Space Exploration Technologies Corp. (SpaceX).
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