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Quarterhill Announces Dividend

Quarterhill Inc. (TSX: QTRH, OTCQX: QTRHF) has declared a quarterly dividend of $0.0125 per common share, payable on April 8, 2022.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

Quarterhill Inc. (TSX: QTRH, OTCQX: QTRHF) has declared a quarterly dividend of $0.0125 per common share, payable on April 8, 2022. Shareholders of record will be determined at the close of business on March 18, 2022. Quarterhill focuses on providing tolling and enforcement solutions in the Intelligent Transportation System (ITS) sector and aims for global leadership through organic growth and strategic acquisitions in ITS and related markets.

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Positive

  • Quarterhill declared a quarterly dividend of $0.0125 per share, demonstrating financial confidence.
  • The company is pursuing organic growth and strategic acquisitions, which may enhance long-term shareholder value.

Negative

  • None.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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TORONTO, March 10, 2022 /PRNewswire/ - Quarterhill Inc. ("Quarterhill") (TSX: QTRH) (OTCQX: QTRHF) announced today that the Board of Directors has declared a quarterly dividend of $0.0125 per common share, payable on April 8, 2022, to shareholders of record at the close of business on March 18, 2022.

About Quarterhill
Quarterhill is a leading provider of tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry, as well as, through its Wi-LAN Inc. subsidiary, a leader in Intellectual Property licensing. Our goal is global leadership in ITS, via organic growth of the Electronic Transaction Consultants, LLC (ETC) and International Road Dynamics, Inc. (IRD) platforms, and by continuing an acquisition-oriented investment strategy that capitalizes on attractive growth opportunities within ITS and its adjacent markets. Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF. For more information, visit www.quarterhill.com      

Cision View original content:https://www.prnewswire.com/news-releases/quarterhill-announces-dividend-301500198.html

SOURCE Quarterhill Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for QTRHF in 2022?

Quarterhill Inc. has declared a dividend of $0.0125 per share.

When is the dividend payable for QTRHF?

The dividend will be payable on April 8, 2022.

What is the record date for the dividend for QTRHF?

The record date for the dividend is March 18, 2022.

How often does Quarterhill pay dividends for QTRHF?

Quarterhill typically pays dividends quarterly.

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