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Get filing alertsVirco declares $0.025 quarterly dividend, payable April 10 to March 20 holders
Filed March 9, 2026 · Period ending March 5, 2026 · ~1 min read
Key Changes
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Board approved $0.025 per share cash dividend for Q1, payable April 10, 2026 to shareholders of record as of March 20, 2026.
Item 8.01 view on EDGAR → -
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Future dividends remain discretionary and subject to Board approval and lending agreement restrictions; no guarantee of continued payments.
Item 8.01 view on EDGAR →
Summary
Virco Manufacturing declared a quarterly cash dividend of $0.025 per share for its first fiscal quarter, continuing its practice of returning capital to shareholders. Investors who own shares at market close on March 20, 2026 will receive payment on April 10, 2026. This represents a modest yield for holders of the furniture manufacturer's stock.
The company included standard disclosure that future dividends are not guaranteed and depend on Board discretion and compliance with debt covenants in its lending agreements. This is typical language but reminds investors that the dividend could be suspended if financial conditions deteriorate or lenders impose restrictions.
Retail holders should watch for the company's next quarterly earnings report to assess whether cash flow supports continued dividend payments. Any changes to the lending agreements or covenant compliance would be disclosed in future filings and could signal pressure on the dividend policy.
Section-by-Section Diff
Event · Item 7.01 — Regulation FD Disclosure
Item 7.01 — Regulation FD Disclosure filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On March 5, 2026, the Board of Directors of Virco Mfg. Corporation (the "Company") declared a cash dividend for the Company's first fiscal quarter of $0.025 on each outstanding share of common stock. The dividend is payable on April 10, 2026 to stockholders of record of the common stock as of the close of business on March 20, 2026.
The Board declared a quarterly cash dividend of $0.025 per share. Shareholders who own stock as of March 20, 2026 will receive payment on April 10, 2026. This represents a return of capital to shareholders for the first fiscal quarter.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
While the Company currently intends to pay future dividends on a quarterly basis, following review and approval by the Board of Directors, the declaration and payment of future dividends, as well as the amounts thereof, are subject to the discretion of the Board as well as restrictive covenants in the Company’s lending agreements. There can be no assurance that the Company will declare and pay dividends in future periods.
The company disclosed that future dividends are not guaranteed and depend on Board approval and compliance with lending agreement covenants. This standard disclosure reminds investors that the dividend policy can change and is constrained by debt agreements.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 5, 2026 · How we verify