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Fitell Corporation Announces Interim Dividend and Shareholder Loyalty Program

FTEL
  • Fitell Corporation (NASDAQ: FTEL) announced an interim cash dividend of $0.10 per share payable on January 13, 2026, to shareholders of record as of December 30, 2025.
  • The company also declared a one-time Shareholder Loyalty Program offering up to $0.15 per share in cash tranches to eligible shareholders who transfer shares to book-entry form with transfer agent Vstock Transfer by December 29, 2025.
  • Loyalty payments are structured in three tranches of $0.05 each, payable after maintaining continuous book-entry ownership for 30, 60, and 90 calendar days respectively.
  • The enrollment period for the loyalty program runs from December 29, 2025, to March 28, 2026, with insiders such as officers, directors, & employees excluded from participation.
  • To qualify, shareholders must instruct their brokers to transfer shares via DTC DWAC to Vstock Transfer using withdrawal number 50236 & pay a $125 processing fee.
  • Shares held in book entry cannot be lent out without consent & must remain in this status through the applicable tranche end date to receive the corresponding loyalty payment.
  • CEO Sam Lu stated the initiatives reflect confidence in the balance sheet following FY2025 results & aim to return value while supporting growth in fitness, treasury management, & the 2F Robotics joint venture.
  • Fitell is an Australian online retailer of fitness equipment operating under proprietary brands Muscle Motion, Rapid Motion, & FleetX, having served over 100,000 customers.
  • The company filed a Form 6-K with the SEC concurrently with this press release to disclose the dividend & loyalty program details.