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Biotech / Medical : Female Health FHCO
VERU 2.525+1.4%10:29 AM EST

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From: Glenn Petersen3/28/2013 10:42:38 AM
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The Female Health Company Declares Second Quarter Cash Dividend at 17% Higher Payout Rate

Company Also Plans to Increase Activity under Stock Repurchase Program

Press Release: The Female Health Company
Wed, Mar 27, 2013 8:30 AM EDT

CHICAGO, March 27, 2013 /PRNewswire/ -- The Female Health Company ( FHCO), today announced that its Board of Directors has declared a quarterly cash dividend of $0.07 per share, which represents a 17% increase from the previous quarterly dividend payout of $0.06 per share. This will be the Company's 14th consecutive quarterly dividend and is payable May 8, 2013 to stockholders of record as of May 1, 2013.

The Company also announced that it plans to increase the activity under its stock repurchase program. The Company's stock repurchase program authorizes the repurchase of up to three million shares of FHCO common stock. To date, the Company has repurchased approximately two million shares under the program, leaving approximately one million shares available for potential repurchase under the authorization. The program is currently due to expire on December 31, 2013.

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finance.yahoo.com
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