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

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

Network-1 Technologies Price Performance

NYSEAMERICAN:NTIP opened at $1.59 on Friday. The company has a market capitalization of $36.35 million, a P/E ratio of -13.25 and a beta of 0.11. The business has a fifty day simple moving average of $1.54 and a two-hundred day simple moving average of $1.49. Network-1 Technologies has a 1 year low of $1.24 and a 1 year 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 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.