Pink OTC Markets Inc. Announces Quarterly Cash Dividend | Latest
Pink OTC Markets Inc. Announces Quarterly Cash Dividend
NEW YORK – September 17, 2009 – Pink OTC Markets Inc. (Pink Sheets: PINK) announced today that its Board of Directors declared a quarterly cash dividend on its Class A common stock of $0.03 per share.The dividend is payable on October 7, 2009 to stockholders of record on September 22, 2009.The ex-dividend date is September 18, 2009.This dividend payment brings the total 2009 payments to $0.08 per Class A share. On September 16, 2009, Pink OTC Markets Inc. announced that its Class A Common Stock began to be quoted in the U.S. over-the-counter markets, on the Pink Sheets® Current Information tier, under the ticker symbol PINK.About Pink OTC Markets Inc.Pink OTC Markets is a financial information and technology services company that operates the leading electronic quotation and trading system in the over-the-counter, or OTC, securities market.The term “OTC securities” is a catchall phrase for any equity security that is not listed on a U.S. stock exchange. The OTCQX® and Pink Sheets marketplaces that we operate constitute, by dollar volume, the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange.Our technology platform provides a comprehensive suite of information products and trading services for OTC market participants.Our products and services promote market transparency, facilitate regulatory compliance, and increase the quality of issuer disclosure, for the benefit of all OTC market participants.Through our Pink QuoteSM inter-dealer quotation system and Pink Link® inter-dealer trade messaging system, we offer broker-dealers an independent, electronic platform to display their real-time, firm “bid” and “ask” quotes and communicate OTC trade information with each other.These systems generate a substantial amount of OTC market data, which we license to OTC market participants.We also provide disclosure and information solutions for OTC traded companies that facilitate communication with investors and compliance with securities laws.Pink OTC Markets is headquartered in New York City.To learn more about how Pink OTC Markets’ products and services make OTC markets more transparent, informed, and efficient, please visit www.pinkotc.com or contact us at
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About OTCQXThe OTCQX marketplace is the premier tier of the U.S. over-the-counter market. Investor-focused companies use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers.The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. exchange.For more about OTCQX, please visit www.otcqx.com.Cautionary Statement:This document contains forward-looking statements, which involve a number of risks and uncertainties that could cause our actual results to differ materially from those reflected in the forward-looking statements.Forward-looking statements can be identified by use of the words “expect,” “project,” “may,” “might,” potential,” and similar terms.Pink OTC Markets Inc. (“Pink OTC”, “we” or the “Company”) cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information.Forward-looking statements involve a number of risks, uncertainties or other factors beyond Pink OTC’s control.These factors include, but are not limited to, our ability to implement our strategic initiatives, economic, political and market conditions and price fluctuations, government and industry regulation, U.S. and global competition and other factors.We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
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