The Marketing Alliance Declares Quarterly Dividend of $0.07 Per Share

Rhea-AI Summary

The Marketing Alliance, Inc. (OTC: MAAL) has declared a cash dividend of $0.07 per share for shareholders of record on July 23, 2021, with a payment date on or about August 12, 2021. This decision reflects the Company's commitment to returning value to its shareholders. TMA supports independent insurance brokerage agencies, aiming to enhance operational efficiency through integrated insurance and insuretech platforms.

Positive

• Declared a cash dividend of $0.07 per share, indicating strong cash flow and shareholder returns.

Negative

• None.

The Marketing Alliance, Inc. (OTC: MAAL) (“TMA” or the “Company”), today announced that its Board of Directors has declared a $0.07 per share cash dividend for shareholders of record on July 23, 2021, to be paid on or about August 12, 2021.

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/20210712005745/en/

FAQ

What is the dividend amount for MAAL?

The dividend amount declared by The Marketing Alliance, Inc. (MAAL) is $0.07 per share.

When will the MAAL dividend be paid?

The dividend for MAAL will be paid on or about August 12, 2021.

Who are the shareholders of record for MAAL?

The shareholders of record for MAAL are those on record as of July 23, 2021.

Is the dividend for MAAL sustainable?

The sustainability of the dividend may depend on future financial performance and operational risks.