May 25, 2022
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Santa Barbara’s QAD announces dividend

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Santa Barbara cloud software manufacturer QAD announced a dividend of .072 cents per share of Class A common stock June 15.

The company also said it would pay .06 cents per share of Class B common stock. Both dividends will be paid to investors who are shareholders on July 7.

QAD announced the dividend after markets closed June 15. The company’s shares closed the day down 31 cents to $18.81

• Contact Philip Joens at pjoens@pacbiztimes.com.