{"id":688380,"date":"2022-09-23T08:03:16","date_gmt":"2022-09-23T12:03:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/applied-uv-declares-monthly-preferred-stock-dividend-6\/"},"modified":"2022-09-23T08:03:16","modified_gmt":"2022-09-23T12:03:16","slug":"applied-uv-declares-monthly-preferred-stock-dividend-6","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/applied-uv-declares-monthly-preferred-stock-dividend-6\/","title":{"rendered":"Applied UV Declares Monthly Preferred Stock Dividend"},"content":{"rendered":"

<\/p>\n

Applied UV Declares Monthly Preferred Stock Dividend<\/b><\/p>\n

MOUNT VERNON, N.Y.–(BUSINESS WIRE<\/a>)–Applied UV, Inc.<\/a> (NasdaqCM: AUVI<\/a>) (\u201cApplied UV\u201d or the \u201cCompany\u201d), a pathogen elimination technology company that applies the power of narrow-range ultraviolet light (\u201cUVC\u201d) for surface areas and catalytic bioconversion technology for air purification to destroy pathogens safely, thoroughly, and automatically, today announced its Board of Directors has authorized the cash dividend to holders of Applied UV\u2019s 10.5% Series A Cumulative Perpetual Preferred Stock.\n<\/p>\n

\nHolders of the 10.5% Series A Cumulative Perpetual Preferred Stock (Nasdaq: AUVIP) shall receive a cash dividend equal to $0.21875 per share.\n<\/p>\n

\nThe return of capital will be paid on or about October 17, 2022, to respective holders of record at the close of business on October 3, 2022.\n<\/p>\n

About Applied UV<\/b><\/p>\n

\nApplied UV is focused on the development and acquisition of technology that address infection control in the healthcare, hospitality, commercial and municipal markets. The Company has two wholly owned subsidiaries – SteriLumen, Inc. (\u201cSteriLumen\u201d) and Munn Works, LLC (\u201cMunn Works\u201d). SteriLumen\u2019s connected platform for Data Driven Disinfection\u2122 applies the power of ultraviolet light (UVC) to destroy pathogens safely, thoroughly, and automatically, addressing the challenge of healthcare-acquired infections (\u201cHAIs\u201d). Targeted for use in facilities that have high customer turnover such as hospitals, hotels, commercial facilities, and other public spaces, the Company\u2019s Lumicide\u2122 platform uses UVC LEDs in several patented designs for infection control in and around high-traffic areas, including sinks and restrooms, killing bacteria, viruses, and other pathogens residing on hard surfaces within devices\u2019 proximity. The Company\u2019s patented in-drain disinfection device, Lumicide Drain, is the only product on the market that addresses this critical pathogen intensive location. SteriLumen\u2019s Airocide\u00ae<\/sup> air purification devices are research backed, clinically proven and developed for NASA with assistance from the University of Wisconsin. Airocide\u00ae<\/sup> is listed as an FDA Class II Medical device, utilizes a proprietary photocatalytic (PCO) bioconversion technology that draws air into a reaction chamber that converts damaging molds, microorganisms, dangerous airborne pathogens, destructive VOCs, allergens, odors and biological gasses into harmless water vapor and green carbon dioxide without producing ozone or other harmful byproducts. Airocide\u00ae<\/sup> applications include healthcare, hospitality, grocery chains, wine making facilities, commercial real estate, schools, dental offices, post-harvest, grocery, cannabis facilities and homes. For more information about Applied UV, Inc., and its subsidiaries, please visit the following websites: https:\/\/www.applieduvinc.com\/<\/a>; https:\/\/sterilumen.com\/<\/a>; https:\/\/www.airocide.com<\/a>https:\/\/kesscience.com<\/a>; https:\/\/scientificairmanagement.com<\/a> and, https:\/\/munnworks.com\/<\/a>.\n<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

\nThe information contained herein may contain \u201cforward\u2010looking statements.\u201d Forward\u2010looking statements reflect the current view about future events. When used in this press release, the words \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cfuture,\u201d \u201cintend,\u201d \u201cplan,\u201d or the negative of these terms and similar expressions, as they relate to us or our management, identify forward\u2010looking statements. Such statements include, but are not limited to, statements contained in this press release relating to the view of management of Applied UV concerning its business strategy, future operating results and liquidity and capital resources outlook. Forward\u2010looking statements are based on the Company\u2019s current expectations and assumptions regarding its business, the economy and other future conditions. Because forward\u2013looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. The Company\u2019s actual results may differ materially from those contemplated by the forward\u2010looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward\u2010looking statements. Factors or events that could cause the Company\u2019s actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. The Company cannot guarantee future results, levels of activity, performance, or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward\u2010looking statements to conform these statements to actual results.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20220923005039\/en\/<\/a><\/span><\/p>\n

\nApplied UV Inc.
\n
John F. Andrews
\n
Applied UV CEO, Director
\n
john.andrews@applieduvinc.com<\/a><\/p>\n

\nBrett Maas, Managing Principal
\n
Hayden IR
\n
brett@haydenir.com
\n<\/a>
(646) 536-7331\n<\/p>\n

KEYWORDS:<\/b> New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Manufacturing Construction & Property Other Health Health General Health Building Systems HVAC Medical Devices Infectious Diseases Hospitals Other Construction & Property<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Applied UV Declares Monthly Preferred Stock Dividend MOUNT VERNON, N.Y.–(BUSINESS WIRE)–Applied UV, Inc. (NasdaqCM: AUVI) (\u201cApplied UV\u201d or the \u201cCompany\u201d), a pathogen elimination technology company that applies the power of narrow-range ultraviolet light (\u201cUVC\u201d) for surface areas and catalytic bioconversion technology for air purification to destroy pathogens safely, thoroughly, and automatically, today announced its Board of Directors has authorized the cash dividend to holders of Applied UV\u2019s 10.5% Series A Cumulative Perpetual Preferred Stock. Holders of the 10.5% Series A Cumulative Perpetual Preferred Stock (Nasdaq: AUVIP) shall receive a cash dividend equal to $0.21875 per share. The return of capital will be paid on or about October 17, 2022, to respective holders of record at the close of business on … <\/p>\n

Continue reading “Applied UV Declares Monthly Preferred Stock Dividend”<\/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-688380","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nApplied UV Declares Monthly Preferred Stock Dividend - 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\/applied-uv-declares-monthly-preferred-stock-dividend-6\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Applied UV Declares Monthly Preferred Stock Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Applied UV Declares Monthly Preferred Stock Dividend MOUNT VERNON, N.Y.–(BUSINESS WIRE)–Applied UV, Inc. 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