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Alere Inc. (ALR) Is Heading Higher After Dividend Announcement

Alere Inc. (ALR) announced after the close Monday that it has declared a cash dividend of $3.00 per share on its Series B Convertible Perpetual Preferred Stock. The stock is now up 0.71 on 54K shares.

Alere dipped at the open Monday and declined further in the early afternoon. The stock finished with a loss of 0.73 at $38.41.

by RTTNews Staff Writer

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