Vecima Networks Announces Upcoming Dividend

Vecima Networks (TSE:VCM) has released an update.

Vecima Networks Inc. has announced a quarterly dividend of $0.055 per share, which will be payable on June 17, 2024, to shareholders on record as of May 24, 2024. The dividend is confirmed as eligible for Canadian income tax purposes, with future dividends contingent on Board approval. Vecima Networks is a key player in the development of multi-gigabit networks and provides a range of services that cater to broadband, video streaming, and transportation management.

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