The Marketing Alliance Announces Annual Cash Dividend of $0.36 Per Share; A 13.7% Annual Increase on a Post-Split Basis
November 27 2013 - 4:05PM
Business Wire
The Marketing Alliance, Inc. (OTC: MAAL) (“TMA”), today
announced that its Board of Directors authorized a $0.36 per share
cash dividend for shareholders of record on December 20, 2013, to
be paid on or about January 31, 2014.
This is TMA’s latest dividend payment to shareholders. This
dividend represents a cash disbursement that is an increase of
13.7% over the 2012 cash dividend as a result of a 6:5 stock split
distributed on August 9, 2013, which increased shares outstanding
to 3,012,100 shares from 2,510,083 shares outstanding prior to the
stock split.
About The Marketing Alliance, Inc.
Headquartered in St. Louis, MO, TMA operates three business
segments. TMA provides support to independent insurance brokerage
agencies, with a goal of providing members value-added services on
a more efficient basis than they can achieve individually. The
Company also owns an earth moving and excavating business and two
children’s play and party facilities. Investor information can be
accessed through the shareholder section of TMA’s website at:
http://www.themarketingalliance.com/shareholder-information.
TMA’s common stock is quoted on the OTC Markets
(http://www.otcmarkets.com) under the symbol “MAAL”.
Forward Looking Statement
Investors are cautioned that forward-looking statements involve
risks and uncertainties that may affect TMA's business and
prospects. Any forward-looking statements contained in this press
release represent our estimates only as of the date hereof, or as
of such earlier dates as are indicated, and should not be relied
upon as representing our estimates as of any subsequent date. These
statements involve a number of risks and uncertainties, including,
but not limited to, expectations of the economic environment;
material adverse changes in economic conditions in the markets we
serve and in the general economy; future regulatory actions and
conditions in the states in which we conduct our business; the
integration of our operations with those of businesses or assets we
have acquired or may acquire in the future and the failure to
realize the expected benefits of such acquisition and integration.
While we may elect to update forward-looking statements at some
point in the future, we specifically disclaim any obligation to do
so.
The Marketing Alliance, Inc.Timothy M. Klusas,
President314-275-8713tklusas@themarketingalliance.comwww.themarketingalliance.comorInvestor
RelationsThe Equity Group Inc.Adam Prior, Senior Vice
President212-836-9606aprior@equityny.comorTerry Downs,
Associate212-836-9615tdowns@equityny.com
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