Applied UV (AUVI) Stock; Why The Price Jumped Today

By Amit Chowdhry ● Nov 24, 2021
  • The stock price of Applied UV Inc (NASDAQ: AUVI) increased by over 14% during intraday trading today. This is why it happened.

The stock price of Applied UV Inc (NASDAQ: AUVI) – an infection control technology company that applies the power of narrow-range ultraviolet light (UVC) for surface areas and catalytic bioconversion technology for air purification to destroy pathogens safely, thoroughly, and automatically – increased by over 14% during intraday trading today. Investors are responding positively to Applied UV announcing its Board of Directors has authorized the cash dividend to holders of Applied UV’s 10.5% Series A Cumulative Perpetual Preferred Stock.

The holders of the 10.5% Series A Cumulative Perpetual Preferred Stock will receive a cash dividend equal to $0.21875 per share. And the preferred dividend will be paid on or about December 15, 2021, to respective holders of record at the close of business on December 3, 2021.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.