Network-1 Technologies, Inc. (NTIP) To Go Ex-Dividend on September 17th

Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP) declared a dividend on Thursday, September 3rd. Stockholders of record on Thursday, September 17th will be given a dividend of 0.05 per share on Monday, September 28th. This represents a dividend yield of 629.0%. The ex-dividend date is Thursday, September 17th.

Network-1 Technologies Trading Down 0.6%

Shares of NTIP stock opened at $1.62 on Tuesday. The company’s 50-day moving average price is $1.56 and its 200-day moving average price is $1.50. The stock has a market cap of $37.03 million, a price-to-earnings ratio of -13.50 and a beta of 0.11. Network-1 Technologies has a twelve month low of $1.24 and a twelve month high of $1.75.

Network-1 Technologies (NYSEAMERICAN:NTIP) last released its quarterly earnings data on Thursday, August 6th. The company reported ($0.03) earnings per share (EPS) for the quarter.

Network-1 Technologies Company Profile

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.