Cord Blood Banking Leader Cryo-Cell Announces Cash Dividend
Dividend Announcement: Cryo-Cell International, Inc. has approved a reduced quarterly cash dividend of $0.15 per share for shareholders of record as of May 21, 2025, to be paid on May 30, 2025, with ongoing evaluations of its dividend policy.
Company Overview: Founded in 1989, Cryo-Cell is the first private cord blood bank and has stored over 500,000 samples globally, while also partnering with Duke University for public banking and maintaining high accreditation standards in stem cell storage.
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Cryo-Cell International Inc Reports Decrease in Q3 Profit
Earnings Decline: Cryo-Cell International Inc reported a decrease in earnings for the third quarter, with profits falling to $0.75 million ($0.09 per share) from $1.05 million ($0.13 per share) in the same period last year.
Revenue Drop: The company's revenue also declined by 3.0%, totaling $7.83 million compared to $8.07 million in the previous year.
Insider Buying Update for Friday, September 12: CCEL, AROW
Cryo-Cell International Insider Activity: Chairman and Co-CEO David Portnoy purchased 42,900 shares of CCEL at $4.43 each, totaling $189,986, and is currently up 6.1% based on recent trading highs.
Arrow Financial Insider Activity: CFO Penko Krassimir Ivanov bought 5,000 shares of AROW at $29.10 each for a total of $145,499, with previous investments totaling $391,248 at an average of $29.14 per share.
