Pozen will pay $1.75 special dividend in December

Pozen says it will return cash to shareholders with special dividend of $1.75 in December

Associated Press

CHAPEL HILL, N.C. (AP) -- Drugmaker Pozen said Thursday it will pay a special cash dividend of $1.75 as it has a "surplus of corporate cash."

Shares jumped 82 cents, or 12 percent, to $7.62 in after-hours trading.

Pozen Inc. said it will pay the dividend on Dec. 30 to shareholders of record as of Dec. 11.

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