Pedro Bay Corp. announces special dividend
Pedro Bay Corporation shareholders will receive an extra dividend this spring.
The village corporation declared the dividend Feb. 22. Shareholders of record as of Feb. 14 will receive $25 per share within 30 days.
In a statement, the corporation wrote that the dividend is a reflection of the company's business practices during the past year.
"The 2017 earnings and dividends reflect the dedicated teamwork of our board of directors, management and employees to run thriving businesses that support our shareholders and the village of Pedro Bay," the corporation wrote in a release.