MTBC Declares Dividends on Non-Convertible Series A Cumulative Redeemable Perpetual Preferred Stock
Holders of shares of the Series A Preferred Stock are entitled to receive cumulative cash dividends at the rate of 11% per annum of the
MTBC's Series A Preferred Stock trades on the
The following table shows the monthly dividends and associated record and payment dates:
|Dec. 2018||Jan. 2019||Feb. 2019|
|Dividend per share||$0.22917||$0.22917||$0.22917|
|Ex-dividend date||Dec. 28, 2018||Jan. 30, 2019||Feb. 27, 2019|
|Record date||Dec. 31, 2018||Jan. 31, 2019||Feb. 28, 2019|
|Payment date||Jan. 15, 2019||Feb. 15, 2019||Mar. 15, 2019|
For additional information, please visit our website at www.MTBC.com.
This press release is for information purposes only, and does not constitute an offer to sell or solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.
Forward Looking Statement
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Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management's expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, increased sales and marketing expenses, and the expected results from the integration of our acquisitions.
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