Business
IQST - IQSTEL Announces First Dividend Distribution - Record Date Set for Today, December 15, 2025
NEW YORK, Dec. 15, 2025 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST) ("IQSTEL" or the "Company") today announced that December 15, 2025, is the Record Date for
About this update from Iqstel Inc.
[{"type":"text","content":"NEW YORK, Dec. 15, 2025 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST) (\"IQSTEL\" or the \"Company\") today announced that December 15, 2025, is the Record Date for its previously disclosed first-ever dividend distribution, payable in IQSTEL common shares.\n \n \n \n \n \n \n \nAs previously announced, IQSTEL will distribute a share-based dividend to all official shareholders of record as of the close of business on December 15, 2025, based on the shareholder records maintained the Company's transfer agent, V-Stock Transfer.In preparation for the dividend distribution, IQSTEL has instructed its transfer agent, in coordination with DTC, to reconcile participant positions to ensure accurate and timely delivery of dividend shares to eligible beneficial holders.Dividend Structure and CalculationThe dividend totals $500,000 in value, calculated using the August 29, 2025 closing price of $6.62, resulting in the distribution of:Total dividend shares: 75,529 free-trading IQST common sharesRecord Date: December 15, 2025Payment / Distribution Date: on or about December 30, 2025Distributed by: V-Stock TransferOnly shareholders holding IQST common shares as of the Record Date of December 15, 2025 will be eligible to receive the dividend.With approximately 4,374,822 shares outstanding, the resulting distribution ratio is 0.0173. Shareholders may determine their allocation by multiplying their share count as of the Record Date by 0.0173.All dividend allocations will be rounded down to the nearest whole share, and no cash in lieu will be issued for fractional shares.CEO Commentary\"This year has been truly amazing for IQSTEL,\" said Leandro Iglesias, President and CEO of IQSTEL. \"We successfully uplisted to Nasdaq, achieved a $400 million revenue run rate ahead of plan, and reached a $2.7 million EBITDA run rate. Our Fintech business now represents approximately 20% of our revenue stream, we have added Cybersecurity to our high-tech, high-margin value proposition, and today we are proud to deliver the first dividend in company history to our loyal shareholders.\"This dividend marks an excellent starting point as we continue executing our strategy toward a $15 million EBITDA run rate next year and our long-term goal of achieving a $1 billion revenue run rate by 2027.\"Additional Company UpdateAs of the most recent data available, institutional in...