Fitell shares surge 18.33% intraday after announcing $0.10 interim dividend and $0.15 shareholder loyalty program.

Fitell surged 18.33% intraday after announcing an interim dividend of $0.10 per share and a one-time shareholder loyalty program offering up to $0.15 per share. The initiatives, aimed at returning capital to shareholders, reflect improved cash reserves and confidence in the company’s balance sheet and growth strategy, including its robotics venture. Management emphasized alignment with long-term value creation, reinforcing investor optimism. The dividend and loyalty program, which requires shareholders to maintain book-entry holdings for 30–90 days, directly incentivized retention and signaled strong corporate governance. These moves, coupled with the company’s recent strategic advancements, drove immediate intraday buying momentum.