dividend
confidence high
sentiment positive
materiality 0.65
CareCloud plans double monthly dividends on Series B Preferred to clear $3.9M arrears by Q1 2027
CareCloud, Inc.
- Board adopts formal plan to pay double monthly dividends on Series B Preferred Stock beginning January 2026.
- Arrears of $3.9M (14 months from Nov 2023–Dec 2024) to be cleared by end of Q1 2027 with no common stock dilution.
- Current monthly dividends on Series B Preferred were fully reinstated in January 2025 and continue uninterrupted.
- Co-CEO says plan reflects 'renewed stability and commitment'; paid from internal cash flow.