The Marketing Alliance Declares Quarterly Dividend of $0.07 per share

Rhea-AI Summary

The Marketing Alliance, Inc. (OTC: MAAL) has announced a cash dividend of $0.07 per share for shareholders of record on March 29, 2022, with payment scheduled on or about April 15, 2022. This dividend aims to provide income to shareholders while reinforcing TMA's commitment to returning value. The company, based in St. Louis, supports independent insurance brokerage agencies by integrating insurance and insuretech services, enhancing operational efficiency for its members.

Positive

• Dividend of $0.07 per share aimed at providing income for shareholders.
• Demonstrates TMA's commitment to returning value to investors.

Negative

• Forward-looking statements indicate risks and uncertainties regarding future dividend payments.
• Potential for unforeseen developments could delay or prevent dividend payments.

ST. LOUIS--(BUSINESS WIRE)-- The Marketing Alliance, Inc. (OTC: MAAL) (“TMA” or the “Company”), today announced that its Board of Directors has declared a $0.07 per share cash dividend for shareholders of record on March 29, 2022, to be paid on or about April 15, 2022.

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/20220314005174/en/

The Marketing Alliance, Inc.

Timothy M. Klusas, President

(314) 275-8713

tklusas@themarketingalliance.com

www.TheMarketingAlliance.com

-OR-

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 declared by MAAL?

The Marketing Alliance has declared a cash dividend of $0.07 per share.

When is the dividend for MAAL shareholders being paid?

The dividend will be paid on or about April 15, 2022.

Who is eligible for the MAAL dividend?

Shareholders of record as of March 29, 2022, are eligible for the dividend.

What are the risks associated with MAAL's dividends?

There are risks and uncertainties that may affect TMA's ability to pay dividends, as mentioned in their forward-looking statements.