dividend
confidence high
sentiment positive
materiality 0.65
IQSTEL sets $500K stock dividend for Dec 30; retains $1M cross-hold with Cycurion
iQSTEL Inc
- IQSTEL to distribute $500K in free-trading IQST shares (75,529 shares) on Dec 30; record date Dec 15.
- Distribution ratio 0.0173 per share; shares outstanding 4,374,822.
- IQSTEL and Cycurion pivot to each distribute own shares, preserving full $1M cross-ownership.
- CEO reports $400M revenue run rate, $2.7M EBITDA run rate; targeting $15M EBITDA next year, $1B revenue by 2027.
- Institutional ownership ~5%; first dividend in company history.