Action Products International, Inc. (APII) Announces Stock Dividend
Action Products International, Inc. (PINKSHEETS: APII) is announcing a 5% stock dividend to all APII common-stock shareholders.
Each common stock holder will receive .05 shares of common stock for each share they own, rounded down to the lowest whole number of shares.
Declaration Date of Dividend: 10/10/2011
Date of Record: 10/22/2011
Payment Date: 11/11/2011
Ex-Dividend Date: 11/12/2011
"We wanted to find a way to thank our shareholders for sticking by us as we transformed Action Products into a new company," said Gary Polistena, CEO of Action Products. "We believe that issuing a stock dividend such as this, is a way to do just that. Working together, I believe that we are going to do great things, and as we build out our network of subsidiaries in logistics, internet, and cloud services, we will increase our revenue and bring additional value to each and every shareholder."
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