Dear MTNT Shareholders,
We are pleased to announce that the MTNT Board of Directors declared a $1.50 per share dividend to be distributed to Shareholders on December 14, 2018. A Shareholder with 100 shares will receive $150.00.
Many Shareholders question how dividends are calculated and why they fluctuate over time. MTNT’s Board of Directors adopted a Dividend Policy. It is MTNT’s intent to pay annual dividends to the Shareholders in the amount of 10% of net income and 50% of the 7j distributions although these calculations are affected by the cash needs of the company in order to prevent jeopardizing MTNT’s financial stability.
The intent of the policy is to remain flexible enough to allow for good business decisions that will ensure
long-term success of MTNT while giving our Shareholders confidence that they will receive fair, timelTHEy and consistent distributions and ensure that MTNT benefits generations well into the future.
During the past few years, we attempted to take steps to stabilize our revenue; however, this did not come without some challenges. 2015 and 2016 were very profitable allowing the MTNT Board of Directors to declare some of the largest dividends in MTNT history. Unfortunately, MTNT took a loss in revenue in 2017 due to a troubled job resulting in lower dividends. Although, we have not completed this year, the outlook is positive for 2018.
Management and the Board of Directors continue to work toward setting up a structure whereby we
can provide reliable and consistent dividends to our Shareholders.
Wishing you and your family a very Merry Christmas and a New Year blessed with good health and happiness.
Sincerely,
Michele ChristiansenDear MTNT Shareholders,
We are pleased to announce that the MTNT Board of Directors declared a $1.50 per share dividend to be distributed to Shareholders on December 14, 2018. A Shareholder with 100 shares will receive $150.00.
Many Shareholders question how dividends are calculated and why they fluctuate over time. MTNT’s Board of Directors adopted a Dividend Policy. It is MTNT’s intent to pay annual dividends to the Shareholders in the amount of 10% of net income and 50% of the 7j distributions although these calculations are affected by the cash needs of the company in order to prevent jeopardizing MTNT’s financial stability.
The intent of the policy is to remain flexible enough to allow for good business decisions that will ensure
long-term success of MTNT while giving our Shareholders confidence that they will receive fair, timelTHEy and consistent distributions and ensure that MTNT benefits generations well into the future.
During the past few years, we attempted to take steps to stabilize our revenue; however, this did not come without some challenges. 2015 and 2016 were very profitable allowing the MTNT Board of Directors to declare some of the largest dividends in MTNT history. Unfortunately, MTNT took a loss in revenue in 2017 due to a troubled job resulting in lower dividends. Although, we have not completed this year, the outlook is positive for 2018.
Management and the Board of Directors continue to work toward setting up a structure whereby we
can provide reliable and consistent dividends to our Shareholders.
Wishing you and your family a very Merry Christmas and a New Year blessed with good health and happiness.
Sincerely,
Michele Christiansen
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