FullNet Communications Declares Special Cash Dividend

FullNet Communications, Inc. company logo.

FullNet Communications Board of Directors Approves Special Cash Dividend and Implementation of Quarterly Cash Dividend Program.

FullNet Communications, Inc. (OTCMKTS: FULO)

OKLAHOMA CITY, OK, USA, May 13, 2022 /EINPresswire.com/ — FullNet Communications, Inc. (“FullNet” or the “Company”) (FULO – OTC Pink Current) announces that its Board of Directors has declared a cash dividend on the common shares of the Company.

The special dividend of $0.0280 per share is payable on June 15, 2022 to shareholders of record at the close of business on May 31, 2022.

This is the Company’s first cash dividend on its common stock, and the Company is implementing a quarterly program with the goal of paying regular cash dividends, as determined by its Board of Directors based on performance. future financial statements of the Company. The Company anticipates that regular quarterly cash dividends will be at a rate significantly lower than this initial special dividend.

“We believe this special cash dividend is the best use of our current excess cash balances and we are excited to be able to offer our shareholders the benefit of a regular quarterly cash dividend program in the future,” said Jason Ayers, president of FullNet.

About FullNet Communications, Inc.

FullNet is an Oklahoma City-based integrated communications company that has been providing advanced voice and data solutions since 1995. It provides a wide range of mission-critical services to a wide range of customers around the world. Its customers range in size from individuals and small neighborhood businesses to international Fortune 500 companies. Its primary services are mass notification services using text messages and automated phone calls, equipment colocation and related services, and a custom live help desk outsourcing service. For more information, visit the company’s website at www.fullnet.net.

Certain statements contained in this release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Some, but not necessarily all, of these forward-looking statements can be identified by the use of forward-looking terminology such as “anticipates”, “believes”, “expects”, “may”, “will” or “should”. or other variations thereof, or through discussions of strategies that involve risk and uncertainty. Actual Company or industry results may differ materially from any future results expressed or implied by such forward-looking statements.

Roger Baresel
FullNet Communications, Inc.
+1 405-548-3102
write to us here

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