Fitell declares $0.10 interim dividend and shareholder loyalty program

Fitell Corporation (NASDAQ: FTEL) announced its board declared an interim dividend of $0.10 per share and a shareholder loyalty program offering up to $0.15 per share in additional payments.

The interim dividend will be paid January 13, 2026, to shareholders of record as of December 30, 2025. The ex-dividend date is December 29, 2025.

The shareholder loyalty program provides up to three cash payments totaling $0.15 per share to eligible shareholders who transfer shares to book-entry form with the company's transfer agent by December 29, 2025. Participants must maintain continuous ownership for 30 to 90 days to receive payments of $0.05 each after 30, 60, and 90-day periods.

Shareholders must transfer shares via DTC DWAC to Vstock Transfer and pay a $125 processing fee. Company insiders including officers, directors, and employees are not eligible for the loyalty program.

The enrollment period runs from December 29, 2025, to March 28, 2026. Loyalty payments are expected around the 15th day after each 30-day tranche expires.

"Our Interim Dividend and Shareholder Loyalty Program reflect our continued confidence in our balance sheet position and operational outlook, following FY2025 financial results," said Sam Lu, chief executive officer.

Fitell operates as an online retailer of gym and fitness equipment in Australia through its subsidiary GD Wellness Pty Ltd. The company has served over 100,000 customers and maintains three proprietary brands under its Gym Direct portfolio with over 2,000 stock-keeping units.

The company filed a Form 6-K with the SEC in connection with the announcement.

You May Also Be Interested In

• United Community Banks sells equipment finance unit for $1.9 billion
• Invesco Mortgage Capital declares $0.12 monthly dividend for June 2026
• Laser Photonics regains NASDAQ compliance after filing quarterly report