The Marketing Alliance Declares Quarterly Dividend of $0.07 per share

Rhea-AI Summary

The Marketing Alliance, Inc. (OTC: MAAL) declared a cash dividend of $0.07 per share for shareholders on record as of November 5, 2021. Payment is expected around December 3, 2021.

Based in St. Louis, MO, TMA supports independent insurance brokerage agencies by integrating insurance and insuretech platforms to provide enhanced services.

Positive

• Declared a cash dividend of $0.07 per share, reflecting strong shareholder returns.
• Demonstrates confidence in financial stability and operational performance.

Negative

• Risks associated with forward-looking statements may affect the company's projected dividends and overall financial stability.

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 November 5, 2021, to be paid on or about December 3, 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/20211028005310/en/

The Marketing Alliance, Inc.

Timothy M. Klusas, President

(314) 275-8713

tklusas@themarketingalliance.com

www.TheMarketingAlliance.com

-OR-

The Equity Group Inc.

Adam Prior, Senior Vice President

(212) 836-9606

aprior@equityny.com

Source: The Marketing Alliance, Inc.

FAQ

What is the dividend amount for MAAL in 2021?

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

When is the dividend payment date for MAAL?

The dividend payment date is expected to be on or about December 3, 2021.

Who is eligible for the MAAL dividend?

Shareholders of record as of November 5, 2021, are eligible for the dividend.

What are the potential risks associated with MAAL's dividend payments?

The company has noted risks in forward-looking statements that may impact future dividend payments.