Network-1 Declares Semi-Annual Dividend

Rhea-AI Summary

Network-1 Technologies (NYSE American:NTIP) has announced a semi-annual cash dividend of $0.05 per common share. The dividend will be payable on March 28, 2025 to stockholders of record as of March 14, 2025.

The company's Board of Directors periodically reviews the dividend policy, which may be subject to change based on factors including earnings, financial requirements, and other relevant conditions. Future semi-annual dividend declarations and associated dates remain subject to the Board's final determination and discretion.

Positive

• Consistent dividend payment maintained at $0.05 per share
• Company maintains ability to return capital to shareholders

Negative

• Low dividend amount of $0.05 per share indicates cash distribution to shareholders

NEW CANAAN, CT / ACCESS Newswire / February 19, 2025 / Network-1 Technologies, Inc. (NYSE American:NTIP) today announced that its Board of Directors has declared a semi-annual cash dividend of $0.05 per common share pursuant to its dividend policy.  The semi-annual cash dividend of $0.05 per share is payable on March 28, 2025 to all common stockholders of record as of March 14, 2025.

The dividend policy of Network-1 undergoes a periodic review by the Board of Directors and is subject to change at any time depending on the earnings of Network-1, its financial requirements and other factors existing at the time. Future declarations of semi-annual dividends and the establishment of future record and payment dates are subject to the final determination and discretion of the Board of Directors.

ABOUT NETWORK-1 TECHNOLOGIES, INC.
Network-1 Technologies, Inc. is engaged in the development, licensing and protection of its intellectual property and proprietary technologies. Network-1 works with inventors and patent owners to assist in the development and monetization of their patented technologies. Network-1 currently owns one hundred and six (106) U.S. patents covering various telecommunications and data networking technologies as well as technologies relating to document stream operating systems, the identification of media content and high frequency trading. Network-1's current strategy includes continuing to pursue licensing opportunities for its intellectual property. Network-1's strategy is to focus on acquiring and investing in high quality patents which management believes have the potential to generate significant licensing opportunities as Network-1 has achieved with respect to its Remote Power Patent and Mirror Worlds Patent Portfolio. Network-1's Remote Power Patent has generated licensing revenue in excess of $188,000,000 from May 2007 through December 31, 2024. Network-1 has achieved licensing and other revenue of $47,150,000 through December 31, 2024 with respect to its Mirror Worlds Patent Portfolio.

Corey M. Horowitz, Chairman and CEO
Network-1 Technologies, Inc.
(917) 692-0000

SOURCE: Network-1 Technologies, Inc.

View the original press release on ACCESS Newswire

FAQ

When is Network-1's (NTIP) next dividend payment date?

Network-1's next dividend payment date is March 28, 2025, for stockholders of record as of March 14, 2025.

How much is Network-1's (NTIP) semi-annual dividend for 2025?

Network-1's semi-annual dividend is $0.05 per common share.

What is the record date for Network-1's (NTIP) March 2025 dividend?

The record date for Network-1's March 2025 dividend is March 14, 2025.

How often does Network-1 (NTIP) pay dividends?

Network-1 pays dividends on a semi-annual basis, subject to Board approval.

Is Network-1's (NTIP) dividend policy guaranteed to continue?

No, Network-1's dividend policy is subject to periodic review and can change based on earnings, financial requirements, and other factors.