Onfolio Holdings Inc. Announces Quarterly Preferred Stock Cash Dividend of $0.75 Per Share
December 20 2024 - 4:01PM
Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW)
(OTC: ONFOP) (the "Company" or "Onfolio"), a company that acquires
and manages a diversified portfolio of online businesses, today
announced that its Board of Directors has declared a regular
quarterly dividend of $0.75 per share on the outstanding shares of
the Company’s series A preferred stock.
The dividend is payable on December 31, 2024, to
shareholders of record as of the close of business on December 21,
2024.
About Onfolio Holdings
Onfolio acquires and manages a diversified
portfolio of online businesses. Onfolio acquires business that meet
its investment criteria, being that such businesses operate in
sectors with long-term growth opportunities, have positive and
stable cash flows, face minimal threats of technological or
competitive obsolescence and can be managed by our existing team or
have strong management teams largely in place. The Company excels
at finding acquisition opportunities where the seller has not fully
optimized their business, and Onfolio's experience and skillset
allows it to add increased value to these existing businesses.
Visit www.onfolio.com for more information.
Safe Harbor Statement
The information posted in this release may contain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. You can identify these
statements by use of the words "may," "will," "should," "plans,"
"explores," "expects," "anticipates," "continues," "estimates,"
"projects," "intends," and similar expressions. Forward-looking
statements involve risks and uncertainties that could cause actual
results to differ materially from those projected or anticipated.
These risks and uncertainties include, but are not limited to,
general economic and business conditions, effects of continued
geopolitical unrest and regional conflicts, competition, changes in
technology and methods of marketing, delays in completing new
customer offerings, changes in customer order patterns, changes in
customer offering mix, continued success in technological advances
and delivering technological innovations, delays due to issues with
outsourced service providers, those events and factors described by
us in Item 1.A "Risk Factors" in our most recent Form 10-K and Form
10-Q; other risks to which our Company is subject; other factors
beyond the Company's control. Any forward-looking statement made by
us in this press release is based only on information currently
available to us and speaks only as of the date on which it is made.
We undertake no obligation to publicly update any forward-looking
statement, whether written or oral, that may be made from time to
time, whether as a result of new information, future developments
or otherwise.
Investor
Contactinvestors@onfolio.com
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