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Network-1 Declares Semi-Annual Dividend

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Network-1 Technologies, Inc. (NTIP) declares a semi-annual cash dividend of $0.05 per common share. The dividend is payable on March 29, 2024, to stockholders of record as of March 15, 2024, subject to the Board of Directors' discretion.
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The declaration of a semi-annual cash dividend by Network-1 Technologies signifies a distribution of earnings to shareholders, reflecting the company's current financial health and commitment to shareholder returns. From a financial perspective, the dividend payout ratio, which is the proportion of earnings paid out as dividends to shareholders, is a critical metric to assess. It provides insight into how much money the company is returning to shareholders versus reinvesting back into the business. A consistent dividend payout can be a sign of a company's stable earnings and cash flow, which may positively influence investor sentiment and potentially the stock price.

However, investors should also consider the company's future growth prospects and whether the capital used for dividends could have been better invested in business opportunities with higher returns. The Board's statement that the dividend policy is subject to periodic review and can change based on financial needs and other factors, suggests that investors should not assume the dividend is guaranteed indefinitely and should monitor the company’s earnings and financial strategy closely.

Within the broader market context, dividend declarations can impact investor perceptions of a company's sector, especially if the company is seen as a bellwether. If Network-1 Technologies operates in a sector where dividend payments are common, its actions may align with industry norms. Conversely, if dividend payments are rare within the sector, this could signal a divergence from industry practices that may warrant further analysis.

Investors often look to dividend-paying stocks for passive income, which can make these stocks more attractive during periods of market volatility or low-interest rates. Therefore, Network-1's dividend declaration could potentially increase the stock's appeal to income-focused investors. It's also worth noting that dividends can sometimes be a signal of confidence by the management in the company's future performance, which could influence market sentiment.

NEW CANAAN, CT / ACCESSWIRE / February 23, 2024 / Network-1 Technologies, Inc. (NYSE American:NTIP) today announced that its Board of Directors has declared a semi-annual cash dividend of $0.05 per common share pursuant to its dividend policy. The semi-annual cash dividend of $0.05 per share is payable on March 29, 2024 to all common stockholders of record as of March 15, 2024.

The dividend policy of Network-1 undergoes a periodic review by the Board of Directors and is subject to change at any time depending on the earnings of Network-1, its financial requirements and other factors existing at the time. Future declarations of semi-annual dividends and the establishment of future record and payment dates are subject to the final determination and discretion of the Board of Directors.

ABOUT NETWORK-1 TECHNOLOGIES, INC.

Network-1 Technologies, Inc. is engaged in the development, licensing and protection of its intellectual property and proprietary technologies. Network-1 works with inventors and patent owners to assist in the development and monetization of their patented technologies. Network-1 currently owns ninety-nine (99) U.S. patents covering various telecommunications and data networking technologies as well as technologies relating to document stream operating systems, the identification of media content and high frequency trading. Network-1's current strategy includes continuing to pursue licensing opportunities for its intellectual property. Network-1's strategy is to focus on acquiring and investing in high quality patents which management believes have the potential to generate significant licensing opportunities as Network-1 has achieved with respect to its Remote Power Patent and Mirror Worlds Patent Portfolio. Network-1's Remote Power Patent has generated licensing revenue in excess of $187,000,000 from May 2007 through September 30, 2023. Network-1 has achieved licensing and other revenue of $47,150,000 through September 30, 2023 with respect to its Mirror Worlds Patent Portfolio.

CONTACT:

Corey M. Horowitz, Chairman and CEO
Network-1 Technologies, Inc.
(917) 692-0000

SOURCE: Network-1 Technologies, Inc.



View the original press release on accesswire.com

FAQ

When is Network-1 Technologies, Inc. (NTIP) paying its semi-annual cash dividend?

Network-1 Technologies, Inc. (NTIP) is paying its semi-annual cash dividend on March 29, 2024.

What is the amount of the semi-annual cash dividend declared by Network-1 Technologies, Inc. (NTIP)?

Network-1 Technologies, Inc. (NTIP) has declared a semi-annual cash dividend of $0.05 per common share.

Who is eligible to receive the semi-annual cash dividend from Network-1 Technologies, Inc. (NTIP)?

All common stockholders of Network-1 Technologies, Inc. (NTIP) as of March 15, 2024, are eligible to receive the semi-annual cash dividend.

What factors influence the dividend policy of Network-1 Technologies, Inc. (NTIP)?

The dividend policy of Network-1 Technologies, Inc. (NTIP) undergoes periodic review by the Board of Directors and is subject to change based on the earnings, financial requirements, and other factors of the company.

Network-1 Technologies, Inc.

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