Fitell Corporation surged 10.92% in premarket trading following the announcement of an interim dividend of $0.10 per share and a one-time shareholder loyalty program offering up to $0.15 per share in cash payments. The initiatives, aimed at returning capital to shareholders, reflect the company’s confidence in its improved cash position and long-term growth strategy across fitness, corporate treasury management, and robotics. The loyalty program incentivizes shareholders to maintain book-entry holdings for 30–90 days, with cash tranches tied to ownership duration, while the dividend underscores management’s commitment to capital returns amid strong FY202.
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