Nu-Med declared a 25% stock dividend.
The 25% dividend on the health-services company’s common stock is the first since Nu-Med was reorganized in 1982. The dividend has the effect of a 5-for-4 stock split. On March 15, Nu-Med’s board declared a dividend of one share of its common stock for each four shares of common stock outstanding. The stock dividend will be paid April 29 to holders of record April 1.