The Marketing Alliance Announces Annual Cash Dividend of $0.38 Per Share
20 Novembre 2012 - 2:00PM
Business Wire
The Marketing Alliance, Inc. (OTC: MAAL) (“TMA”), a
provider of services and distributor of products to independent
insurance agencies throughout the United States, today announced
that its Board of Directors authorized a $0.38 per share cash
dividend for shareholders of record on December 7, 2012, to be paid
on or about December 26, 2012.
This is TMA’s latest dividend payment to shareholders. This
dividend represents a cash disbursement that is an increase of 20%
over the 2011 cash dividend as a result of a 6:5 stock split
distributed on October 15, 2012, which increased shares outstanding
to 2,510,083 from 2,091,736 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, general changes in economic conditions. While
we may elect to update forward-looking statements at some point in
the future, we specifically disclaim any obligation to do so.
Marketing Alliance (PK) (USOTC:MAAL)
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