The Marketing Alliance Declares Quarterly Dividend of $0.05 per share

Rhea-AI Summary

The Marketing Alliance, Inc. (OTC: MAAL) has declared a cash dividend of $0.05 per share for shareholders of record on March 24, 2023, with payment scheduled for April 21, 2023. This decision reflects the company’s intention to reward its shareholders, indicating stability in its financial operations. The Marketing Alliance, which specializes in support services for independent insurance brokerage agencies, aims to enhance value through integrated insurance and technology platforms.

Positive

• Declared a cash dividend of $0.05 per share, indicating financial stability and confidence.

Negative

• Forward-looking statements warn of potential risks affecting dividend payments and business performance.

ST. LOUIS--(BUSINESS WIRE)-- The Marketing Alliance, Inc. (OTC: MAAL) (“TMA” or the “Company”), today announced that its Board of Directors has declared a $0.05 per share cash dividend for shareholders of record on March 24, 2023, to be paid on or about April 21, 2023.

About The Marketing Alliance, Inc.
Headquartered in St. Louis, MO, TMA provides support to independent insurance brokerage agencies, with a goal of integrating insurance and “insuretech” engagement platforms to provide members value-added services on a more efficient basis than they can achieve individually.

Investor information can be accessed through the shareholder section of TMA’s website at:
http://www.themarketingalliance.com/shareholder-information.

TMA’s common stock is quoted on the OTC Markets (http://www.otcmarkets.com) under the symbol “MAAL”.

Forward Looking Statement
Investors are cautioned that forward-looking statements involve risks and uncertainties that may affect TMA's business and prospects. Examples of forward-looking statements include, among others, statements TMA makes regarding our expectations for our performance, and our ability and intent to pay dividends, in future periods. Any forward-looking statements contained in this press release represent our estimates, expectations or intentions only as of the date hereof, or as of such earlier dates as are indicated, and should not be relied upon as representing our views as of any subsequent date. These statements involve a number of risks and uncertainties, including without limitation unanticipated developments that prevent or delay payment of dividends and other financial, operational and legal risks and uncertainties detailed from time to time in TMA’s cautionary statements contained in its public disclosures with respect to its financial condition and results of operations. While TMA may elect to update forward-looking statements at some point in the future, TMA specifically disclaims any obligation to do so.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230308005144/en/

The Marketing Alliance, Inc.

Timothy M. Klusas, President

(314) 275-8713

tklusas@themarketingalliance.com

www.TheMarketingAlliance.com



The Equity Group Inc.

Jeremy Hellman, Vice President

(212) 836-9626

jhellman@equityny.com

Source: The Marketing Alliance, Inc.

FAQ

What is the dividend amount for MAAL in 2023?

The dividend amount for MAAL is $0.05 per share.

When is the MAAL dividend payment date?

The dividend payment date for MAAL is scheduled for April 21, 2023.

Who qualifies for the MAAL dividend?

Shareholders of record as of March 24, 2023, qualify for the MAAL dividend.

What are the risks associated with MAAL's dividends?

Risks include unanticipated developments that may delay or prevent dividend payments.