{"id":469919,"date":"2021-04-01T11:32:20","date_gmt":"2021-04-01T15:32:20","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=469919"},"modified":"2021-04-01T11:32:20","modified_gmt":"2021-04-01T15:32:20","slug":"retractable-technologies-inc-declares-dividends-to-series-ii-class-b-convertible-preferred-stock-shareholders","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/retractable-technologies-inc-declares-dividends-to-series-ii-class-b-convertible-preferred-stock-shareholders\/","title":{"rendered":"Retractable Technologies, Inc. Declares Dividends to Series II Class B Convertible Preferred Stock Shareholders"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Retractable Technologies, Inc. Declares Dividends to Series II Class B Convertible Preferred Stock Shareholders<\/b><\/p>\n<p>LITTLE ELM, Texas&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nRetractable Technologies, Inc. (NYSE American: RVP) announced today that its Board of Directors has declared dividends to holders of its Series II Class B Convertible Preferred Stock in the amount of $39,050. The dividend amount is $0.25 per share. Dividends have accrued at 10% per annum and cover amounts in arrears from December 31, 2020 through date of conversion or March 31, 2021 whichever is applicable. The dividends will be paid on April 22, 2021 to shareholders of record as of the close of business on April 12, 2021.\n<\/p>\n<p>\nRetractable manufactures and markets VanishPoint<sup>\u00ae<\/sup> and Patient Safe<sup>\u00ae<\/sup> safety medical products and the EasyPoint<sup>\u00ae<\/sup> needle. The VanishPoint<sup>\u00ae<\/sup> syringe, blood collection, and IV catheter products are designed to prevent needlestick injuries and product reuse by retracting the needle directly from the patient, effectively reducing exposure to the contaminated needle. Patient Safe<sup>\u00ae<\/sup> syringes are uniquely designed to reduce the risk of bloodstream infections resulting from catheter hub contamination. The EasyPoint<sup>\u00ae<\/sup> is a retractable needle that can be used with luer lock syringes, luer slip syringes, and prefilled syringes to give injections. The EasyPoint<sup>\u00ae<\/sup> needle also can be used to aspirate fluids and for blood collection. Retractable&#8217;s products are distributed by various specialty and general line distributors.\n<\/p>\n<p>\nFor more information on Retractable, visit its website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.retractable.com&amp;esheet=52405598&amp;newsitemid=20210401005664&amp;lan=en-US&amp;anchor=www.retractable.com&amp;index=1&amp;md5=a544baf109d19c32018b7a67d341dd98\">www.retractable.com<\/a>.\n<\/p>\n<p>\nForward-looking statements in this press release are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 and reflect Retractable&#8217;s current views with respect to future events. Retractable believes that the expectations reflected in such forward-looking statements are accurate. However, Retractable cannot assure you that such expectations will materialize. Actual future performance could differ materially from such statements.\n<\/p>\n<p>\nFactors that could cause or contribute to such differences include, but are not limited to: the impact of COVID-19 on all facets of logistics and operations, as well as costs, Retractable\u2019s ability to complete capital improvements and ramp up domestic production in response to government agreements, potential tariffs, Retractable&#8217;s ability to maintain liquidity; Retractable&#8217;s maintenance of patent protection; Retractable&#8217;s ability to maintain favorable third party manufacturing and supplier arrangements and relationships; foreign trade risk; Retractable&#8217;s ability to access the market; production costs; the impact of larger market players in providing devices to the safety market; and other risks and uncertainties that are detailed from time to time in Retractable&#8217;s periodic reports filed with the U.S. Securities and Exchange Commission.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210401005664r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210401005664\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210401005664\/en\/<\/a><\/span><\/p>\n<p>\nRetractable Technologies, Inc.<br \/>\n<br \/>John W. Fort III, 888-806-2626 or 972-294-1010<br \/>\n<br \/>Vice President and Chief Financial Officer\n<\/p>\n<p><b>KEYWORDS:<\/b> Texas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Medical Supplies Health<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Retractable Technologies, Inc. Declares Dividends to Series II Class B Convertible Preferred Stock Shareholders LITTLE ELM, Texas&#8211;(BUSINESS WIRE)&#8211; Retractable Technologies, Inc. (NYSE American: RVP) announced today that its Board of Directors has declared dividends to holders of its Series II Class B Convertible Preferred Stock in the amount of $39,050. The dividend amount is $0.25 per share. Dividends have accrued at 10% per annum and cover amounts in arrears from December 31, 2020 through date of conversion or March 31, 2021 whichever is applicable. The dividends will be paid on April 22, 2021 to shareholders of record as of the close of business on April 12, 2021. Retractable manufactures and markets VanishPoint\u00ae and Patient Safe\u00ae safety medical products and the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/retractable-technologies-inc-declares-dividends-to-series-ii-class-b-convertible-preferred-stock-shareholders\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Retractable Technologies, Inc. Declares Dividends to Series II Class B Convertible Preferred Stock Shareholders&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-469919","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Retractable Technologies, Inc. Declares Dividends to Series II Class B Convertible Preferred Stock Shareholders - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/retractable-technologies-inc-declares-dividends-to-series-ii-class-b-convertible-preferred-stock-shareholders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Retractable Technologies, Inc. Declares Dividends to Series II Class B Convertible Preferred Stock Shareholders - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Retractable Technologies, Inc. Declares Dividends to Series II Class B Convertible Preferred Stock Shareholders LITTLE ELM, Texas&#8211;(BUSINESS WIRE)&#8211; Retractable Technologies, Inc. (NYSE American: RVP) announced today that its Board of Directors has declared dividends to holders of its Series II Class B Convertible Preferred Stock in the amount of $39,050. The dividend amount is $0.25 per share. Dividends have accrued at 10% per annum and cover amounts in arrears from December 31, 2020 through date of conversion or March 31, 2021 whichever is applicable. The dividends will be paid on April 22, 2021 to shareholders of record as of the close of business on April 12, 2021. Retractable manufactures and markets VanishPoint\u00ae and Patient Safe\u00ae safety medical products and the &hellip; Continue reading &quot;Retractable Technologies, Inc. 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