Red Violet, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Red Violet, Inc. (RDVT) on December 2, 2024. The report details a corporate action taken by the Board of Directors regarding a special cash dividend.
Key Financial Metrics
The filing does not provide standard financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The only financial figure disclosed is the dividend amount.
- Special Cash Dividend: $0.30 per share.
- Record Date: January 31, 2025.
- Payment Date: On or about February 14, 2025.
Material Changes
The material event reported is the declaration of a special cash dividend. This represents a distribution of capital to shareholders rather than an operational change or a shift in financial performance compared to prior periods.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies beyond the standard disclosure of the dividend declaration. The payment is contingent upon the company's ability to fund the distribution by the payment date.
Investor Verification Checklist
- Verify the number of shares held as of the record date (January 31, 2025) to confirm eligibility for the $0.30 per share dividend.
- Confirm the exact payment date, as it is stated as "on or about" February 14, 2025.
- Review the attached press release (Exhibit 99.1) for any additional context regarding the source of funds for the special dividend.