Network-1 Technologies, Inc. announced on September 3, 2026, that its Board of Directors has approved a semi-annual cash dividend of $0.05 per common share. The company stated that this payment is made pursuant to its existing dividend policy.
The dividend is scheduled to be paid on September 28, 2026. To receive this payment, shareholders must be on the company's books as of the record date of September 17, 2026.
The filing notes that Network-1’s dividend policy is subject to periodic review by the Board of Directors. Future declarations of dividends and the establishment of specific dates are subject to the Board's final determination and discretion, depending on factors such as the company's cash position, financial requirements, and earnings.
Network-1 Technologies, Inc. is engaged in the development, licensing, and protection of intellectual property and proprietary technologies. The company owns 121 U.S. patents, of which 54 have expired, and holds 15 international patents. These patents cover areas including eSIM authentication for the Internet of Things (IoT), high-frequency trading technologies, document stream operating systems, and smart home device interoperability.
Management’s current strategy focuses on monetizing four patent portfolios: M2M/IoT, HFT, Cox, and Smart Home. The company cited the success of its Remote Power Patent and Mirror Worlds Patent Portfolio as examples of this strategy, noting that the Remote Power Patent generated licensing revenue exceeding $188,000,000 and the Mirror Worlds Patent Portfolio achieved licensing and other revenue of $47,150,000.
