dividend
confidence high
sentiment positive
materiality 0.55
FullNet Communications declares first-ever special cash dividend of $0.0280/share and initiates quarterly program
FULLNET COMMUNICATIONS INC
- Special cash dividend of $0.0280 per share payable June 15, 2022 to shareholders of record May 31, 2022.
- First cash dividend on Common Stock; Board also implementing a quarterly cash dividend program going forward.
- Regular quarterly dividends expected to be at a rate substantially less than this initial special dividend.
- Company cites current excess cash balances as reason for special dividend.