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Article: Alliance Fiber Optic Products, Inc. AFOP Declares Special Cash Dividend.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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Alliance Fiber Optic Products, Inc. (Nasdaq:AFOP), an innovative supplier of fiber optic components, subsystems and integrated modules for the optical network equipment market, today declares special cash dividend of two cents per share to be paid on January 15, 2010, to the record holders of AFOP common stock as of the close of business on Dec 31, 2009.
Peter Chang, President and Chief Executive Officer, commented, "AFOP has been profitable since the beginning of 2006 and increased the level of cash and cash equivalent from $29.4M to $41.9M in the end of the third quarter of 2009. As we look at our cash management, our priority is to grow the business through ...
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