Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP) to Issue Dividend of $0.05

Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP) announced a dividend on Friday, February 27th. Shareholders of record on Monday, March 16th will be paid a dividend of 0.05 per share on Monday, March 30th. This represents a dividend yield of 675.0%. The ex-dividend date is Monday, March 16th.

Network-1 Technologies Stock Performance

Shares of NYSEAMERICAN NTIP opened at $1.49 on Friday. The firm has a market capitalization of $34.00 million, a P/E ratio of -13.55 and a beta of 0.13. Network-1 Technologies has a one year low of $1.16 and a one year high of $1.90. The company’s fifty day moving average is $1.38 and its two-hundred day moving average is $1.44.

Network-1 Technologies (NYSEAMERICAN:NTIP) last released its earnings results on Friday, March 13th. The company reported ($0.05) earnings per share for the quarter.

About Network-1 Technologies

Network-1 Technologies is a technology licensing company that focuses on the acquisition, development and monetization of intellectual property. The firm’s core business revolves around enforcing and licensing its patent portfolio to manufacturers and distributors of networking and power delivery equipment. By leveraging its proprietary technologies, Network-1 seeks to generate recurring revenue through negotiated licensing agreements and, when necessary, litigation to protect its patents.

The company’s principal assets consist of granted patents and patent applications related to Power over Ethernet (PoE) and network security technologies.