Business

Fitell Corporation Announces Interim Dividend and Shareholder Loyalty Program

Taren Point, Australia, Dec. 26, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (NASDAQ: FTEL) (&#x2...

articleFirst Tellurium CorpDecember 26, 20254/company/first-tellurium-corp/news/fitell-corporation-announces-interim-dividend-and-shareholder-loyalty-program
Fitell Corporation Announces Interim Dividend and Shareholder Loyalty Program

About this update from First Tellurium Corp

[{"type":"text","content":"Fitell Corporation Announces Interim Dividend and Shareholder Loyalty Program\nTaren Point, Australia, Dec. 26, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (NASDAQ: FTEL) (“Fitell” or the “Company”) announced its board of directors (the “Boards”) of the Company has declared two initiatives – an interim dividend and a one-time shareholder loyalty program – both designed to return value to shareholders and enhance long-term investor alignment with the Company’s evolving growth strategy. Interim Dividend The Board has declared an interim dividend of $0.10 per share, payable in cash. The dividend is payable on January 13, 2026, to shareholders of record as of the close of business on December 30, 2025. The ex-dividend date will be December 30, 2025. The dividend reflects Fitell’s improved cash and digital asset position and the Board’s commitment to returning capital to shareholders while continuing to support the Company’s growth initiatives across fitness, corporate treasury management, and robotics. Shareholder Loyalty Program In additional to the interim dividend, the Board has declared a one-time shareholder loyalty payment of up to $0.15 per share under its newly approved Shareholder Loyalty Program (“Shareholder Loyalty Program”). Eligible shareholders who transfer their shares into book-entry form with the Company’s transfer agent on or prior to the loyalty program start and record date of December 29, 2025, will receive up to three (3) tranches of loyal payments if they maintain continuous ownership for 30 to 90 calendar days thereafter, payable in cash as following:  ●Such eligible shareholders who maintain their book entry with the Company’s transfer agent for first 30 calendar days of the loyalty period will receive $0.05 in cash, payable as soon as practical after expiration of such 30-day period; ●Such eligible shareholders who maintain their book entry with the Company’s transfer agent for first 60 calendar days of the loyalty period will receive an additional $0.05 in cash, payable as soon as practical after expiration of such 60-day period; and ●Such eligible shareholders who maintain their book entry with the Company’s transfer agent for full 90 calendar d...

More updates from First Tellurium Corp