Network-1 Technologies (NTIP) Declares $0.05 Semi-Annual Dividend; 2.6% Yield

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Go back to Network-1 Technologies (NTIP) Declares $0.05 Semi-Annual Dividend; 2.6% Yield

Network-1 Declares Initial Semi-Annual Dividend

February 2, 2017 3:00 PM EST

NEW YORK, NY -- (Marketwired) -- 02/02/17 -- Network-1 Technologies, Inc. (NYSE MKT: NTIP) today announced that its Board of Directors has declared an initial semi-annual cash dividend of $0.05 per common share. The initial semi-annual dividend of $0.05 per share is payable on March 24, 2017 to all common stockholders of record as of March 3, 2017.

As previously announced, the Board of Directors approved the initiation of a dividend policy as part of Network-1's ongoing commitment to increasing shareholder value and return on investment.

The newly-adopted dividend policy provides for the payment of a regular semi-annual... More