Chicken Soup for the Soul Entertainment Announces Timing of Regular Monthly Dividend for March 2021 for Series A Cumulative Redeemable Perpetual Preferred Stock

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Chicken Soup for the Soul Entertainment (Nasdaq: CSSE, CSSEP, CSSEN) announced a monthly dividend payment of $0.2031 per share for its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock, payable on March 15, 2021. The record date for shareholders to receive this payment is February 28, 2021. This dividend demonstrates the company's commitment to returning value to its shareholders while supporting its operations in the streaming video-on-demand sector.

Positive

• Declared a monthly dividend of $0.2031 per share.
• Dividend payment scheduled for March 15, 2021, enhancing shareholder returns.

Negative

• None.

COS COB, Conn., Feb. 17, 2021 (GLOBE NEWSWIRE) -- Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE, CSSEP, CSSEN), one of the largest operators of streaming advertising-supported video on-demand (“AVOD”) networks, today announced the timing for the payment of its declared regular monthly dividend of $0.2031 per share of its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock for March 2021. The dividend will be payable on March 15, 2021 to holders of record as of February 28, 2021. The dividend will be paid in cash.

ABOUT CHICKEN SOUP FOR THE SOUL ENTERTAINMENT
Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) operates streaming video-on-demand networks (VOD). The company owns Crackle Plus, which owns and operates a variety of ad-supported and subscription-based VOD networks including Crackle, Popcornflix, Popcornflix Kids, Truli, Pivotshare, Españolflix and FrightPix. The company also acquires and distributes video content through its Screen Media subsidiary and produces original long and short-form content through Landmark Studio Group, its Chicken Soup for the Soul Originals division and APlus.com. Chicken Soup for the Soul Entertainment is a subsidiary of Chicken Soup for the Soul, LLC, which publishes the famous book series and produces super-premium pet food under the Chicken Soup for the Soul brand name.

FORWARD-LOOKING STATEMENTS
This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks (including those set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 and Quarterly Report on Form 10-Q for the nine-month period ended September 30, 2020) and uncertainties which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Investors should realize that if our underlying assumptions for the projections contained herein prove inaccurate or that known or unknown risks or uncertainties materialize, actual results could vary materially from our expectations and projections.

INVESTOR RELATIONS
Taylor Krafchik
Ellipsis
csse@ellipsisir.com
(646) 776-0886

MEDIA CONTACT
Kate Barrette
RooneyPartners LLC
kbarrette@rooneyco.com
(212) 223-0561

FAQ

What is the dividend amount declared by Chicken Soup for the Soul Entertainment for March 2021?

The declared dividend amount is $0.2031 per share.

When will the dividend for CSSE's preferred stock be paid?

The dividend will be paid on March 15, 2021.

What is the record date to receive the dividend for CSSE?

The record date is February 28, 2021.

How often does Chicken Soup for the Soul Entertainment pay dividends?

The company has declared regular monthly dividends.

What are the stock symbols for Chicken Soup for the Soul Entertainment?

The stock symbols are CSSE, CSSEP, and CSSEN.