Dividend News

LAS VEGAS--(BUSINESS WIRE)--$AP #13_percent_annual_interest--Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its Board of Directors has declared a monthly cash dividend ... The post Ault Alliance Declares Monthly Cash Dividend of $0.2708333 Per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock appeared first on Crypto Reporter.

LAS VEGAS--(BUSINESS WIRE)--$AP #140_million_shares_distributed--Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company, (“Ault Alliance” or the “Company”), hereby announces an update on its planned special dividend related to securit... The post Ault Alliance Announces Special Dividend with a Record Date of April 20, 2023 appeared first on Crypto Reporter.

LAS VEGAS--(BUSINESS WIRE)--$AP #13_Series_D--Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its Board of Directors has declared a monthly cash dividend of $0.2708333 p... The post Ault Alliance Declares Monthly Cash Dividend of $0.2708333 Per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock appeared first on Crypto Reporter.

Both subsidiaries have filed their respective registration statements LAS VEGAS--(BUSINESS WIRE)--$AP #AULT--Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company formerly known as BitNile Holdings, Inc. (“Ault Alliance” or the “Com... The post Ault Alliance Announces Update on Dividend of Shares of TurnOnGreen and Giga-tronics to Its Stockholders appeared first on Crypto Reporter.

Helbiz Takes Bold Step to Reward Investors and Formalize Share Count NEW YORK--(BUSINESS WIRE)--Helbiz (NASDAQ: HLBZ), a global leader in micro-mobility services, announced today its plans to issue digital dividend coupons to its shareholders. The id... The post Helbiz Announces Plan to Issue Digital Dividend Coupons appeared first on Crypto Reporter.

Company Receives Regulatory Clarity from NYSE American LAS VEGAS--(BUSINESS WIRE)--$AP #AULT--Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company formerly known as BitNile Holdings, Inc. (“Ault Alliance” or the “Company”), announc... The post Ault Alliance Announces the Dividend of Shares of TurnOnGreen and Giga-tronics to Its Stockholders Will Proceed appeared first on Crypto Reporter.

LAS VEGAS--(BUSINESS WIRE)--$AP #AGREE--Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its Board of Directors has declared a monthly cash dividend of $0.2708333 per sha... The post Ault Alliance Declares Monthly Cash Dividend of $0.2708333 Per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock appeared first on Crypto Reporter.

Cryptocurrency giant, Digital Currency Group (DCG) has halted its quarterly dividend payments in an effort to conserve cash and improve its balance sheet. DCG, parent company to the struggling cryptocurrency trading firm Genesis, and headed by Barry Silbert, has suspended the payout of its quarterly dividends according to a letter to shareholders seen by CoinDesk. DCG said in the shareholder letter: In response to the current market environment, DCG has been focused on strengthening our balance sheet by reducing operating expenses and preserving liquidity. As such, we have made the decision to suspend DCG's quarterly dividend distribution until further notice. DCG owns numerous crypto companies including Genesis, CoinDesk, and others. DCG Under Severe Pressure The company’s financial issues stem from the woes of one of its subsidiaries – crypto broker Genesis Global Trading, which reportedly owes its creditors over $3 billion. Early in January, Genesis laid off 30% of its workforce and is considering bankruptcy. Customer withdrawals are currently suspended after Genesis halted withdrawals on November 16. DCG CEO Barry Silbert, has been embroiled in negotiations with entrepreneurs Cameron and Tyler Winklevoss, whose crypto exchange Gemini offered a lending product called “Earn” in partnership with Genesis, but which has since fallen apart because Genesis halted withdrawals. Genesis halting withdrawals has prompted Cameron Winklevoss to call on the board of directors of DCG to remove Silbert as CEO of the firm. DCG is also reportedly under investigation by the United States Department of Justice (DOJ) and SEC for internal transfers between DCG and Genesis. Genesis and Gemini Charged by the SEC The United States Securities and Exchange Commission (SEC) last week charged Genesis and Gemini for allegedly selling unregistered securities. The charges relate to “Earn,” the high-yield product that promised customers yields of up to 8%. The SEC claims that Genesis loaned Gemini users’ cryptocurrencies and sent a portion of the profits back to Gemini, which then deducted an agent fee, sometimes over 4%, and returned the remaining profits to its users.   Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.