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Clear Secure Declares Special Cash Dividend Of $0.32 Per Share

Author: Benzinga Newsdesk | March 21, 2024 04:31pm

The dividend is payable on April 8, 2024 to holders of record of the Class A Common Stock and Class B Common Stock as of the close of business on April 1, 2024. The Company is funding the payment of the special cash dividend with cash received from pro rata cash distributions made by Alclear Holdings, LLC to all of its members, including the Company. The distributions consist of a mandatory tax distribution as well as a discretionary distribution.

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