GlobeNewswire·Dec 2, 2025, 8:30 AM ET

Fitell Corporation Announces Interim Dividend and Shareholder Loyalty Program

Fitell Corporation (NASDAQ: FTEL) declared an interim cash dividend of $0.10 per share payable on January 13, 2026, to shareholders of record as of December 30, 2025, with an ex-dividend date of December 29, 2025.
The company also launched a one-time Shareholder Loyalty Program offering up to $0.15 per share in three $0.05 cash tranches for eligible shareholders maintaining book-entry ownership for 30, 60, or 90 calendar days respectively.
Participation in the loyalty program requires transferring shares to book-entry form with transfer agent Vstock Transfer via DTC DWAC by December 29, 2025, with an enrollment period running until March 28, 2026.
Shareholders must pay a $125 processing fee to their broker for the transfer, & insiders including officers, directors, & employees are ineligible to participate.
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 under brands like Muscle Motion, Rapid Motion, & FleetX, serving over 100,000 customers.
The company filed a Form 6-K with the SEC concurrently with the announcement & advised shareholders to consult tax advisors regarding implications of the distributions.