Orange County Business Journal

OC Healthcare Companies Move Dividends Up

Vita Reed Wednesday, December 5, 2012

Quality Systems Inc. and Questcor Pharmaceuticals Inc. said today that they plan to pay their shareholders dividends earlier than previously scheduled because of uncertainty over tax rates for 2013.

Irvine-based healthcare software maker Quality said it would pay a 17.5-cents-a-share quarterly dividend to shareholders on Dec. 28 instead of its previously announced Jan. 4 date.

Questcor, an Anaheim-based drug maker, said it would pay a 20-cents-per-share dividend on or about Dec. 21. The maker of H.P. Acthar Gel would have paid the dividend in the first quarter of 2013.

Questcor said in a release that it moved up its dividend payment date in order to allow current shareholders to benefit from the current dividend tax that’s scheduled to expire Dec. 31.