United-Guardian Announces 20% Increase In Semi-Annual Dividend, $0.36

United-Guardian

announced that the company's Board of Directors, at its meeting on May 11, 2011, declared a cash dividend of $0.36 per share, which will be paid on June 13, 2011 to all stockholders of record as of the close of business on May 30, 2010. This represents a 20% increase over the $0.30 per share dividend paid in the first half of 2010. Ken Globus, President of United-Guardian, stated, "We are very pleased to once again be in a position to have our stockholders share in the excellent earnings we are projecting for the first half of the year. Based on strong first quarter sales, as well as our projection that the second quarter will be very profitable as well, the Board believes that increasing the dividend by 20% is reasonable and will not adversely affect our ability to fund any capital requirements that we will have in the foreseeable future."