Lincare Begins Dividend

CLEARWATER, Fla. — Following a two-for-one stock split
announced last month, Lincare said its board of directors has
approved a quarterly cash dividend payable at a rate of $0.80 per
share.

The first dividend of $0.20 per share will be paid July 29 to
stockholders of record as of July 15, 2010. The ex-dividend date
for the quarterly dividend is July 13, 2010.

The initiation of a cash dividend “reflects our confidence in
the company’s long-term growth opportunities and financial
strength,” Lincare CEO John Byrnes said in a release. “We are
pleased to have the financial flexibility to continue investing in
our business while also returning a portion of our profits to our
shareholders through this dividend.”