Dividend Announcement from Cycurion, Inc.
Cycurion, Inc. (NASDAQ: CYCU) recently made an exciting announcement regarding a special dividend of $500,000. This dividend, payable in common shares, aims to reward shareholders who are on record by a certain date. The dividend distribution is scheduled to take place soon, marking an important milestone for the company and its investors.
Overview of the Dividend
The anticipated $500,000 dividend represents a unique approach to shareholder engagement. Calculated based on the company's closing price, the dividend will distribute approximately 83,333 CYCU common shares to eligible shareholders. This initiative not only allows Cycurion to strengthen its financial standing but also enables shareholders to enjoy a greater stake in the company’s future growth.
Key Details of the Dividend
For shareholders to benefit from this special dividend, they must be holders of CYCU common shares by the record date. The crucial details surrounding the dividend include:
- Dividend Amount: $500,000
- Form of Payment: Common shares of CYCU
- Valuation Price of Shares: $6.00 (price as of August 29, 2025)
- Total Shares Distributed: Approximately 83,333
- Record Date: Shareholders must hold shares by December 15, 2025
- Payment Date: Shares will be distributed on or about December 30, 2025
- Distribution Ratio: Approximately 0.0250 shares for every share held
- Transfer Agent: Equiniti Trust Company, LLC
Understanding the Stock Split
Earlier this year, Cycurion underwent a 30-for-1 reverse stock split. As a result, there are about 3,332,482 outstanding common shares before the distribution. This transformation has significant implications for shareholders, as it alters the landscape of share ownership while preserving the company's balance sheet.
Message from Leadership
Kevin Kelly, Chairman and Chief Executive Officer of Cycurion, expressed his enthusiasm about the dividend. He stated, "This $500,000 special dividend in CYCU common shares, instead of cash, puts more ownership directly in the hands of our investors. This way, they can participate in the substantial upside that we believe is ahead while maintaining a robust balance sheet for ongoing growth." This sentiment reflects the company’s commitment to empowering its shareholders and fostering a deeper connection with the investor community.
Introducing Cycurion, Inc.
Based in McLean, Virginia, Cycurion is an innovative provider of IT cybersecurity solutions and artificial intelligence-driven services. The company is dedicated to delivering reliable and secure services to a diverse range of clients that include government, healthcare, and corporate sectors. Utilizing its advanced AI-enhanced ARx platform, alongside subsidiaries such as Axxum Technologies LLC and Cloudburst Security LLC, Cycurion is well-positioned to safeguard its clients’ operations while contributing to a secure digital future.
Contact Information
For more inquiries, investors can reach Cycurion's investor relations at (888) 341-6680 or via email at investors@cycurion.com. Media inquiries can be directed to the same phone number or via media@cycurion.com.
Frequently Asked Questions
What is the dividend amount announced by Cycurion?
The company announced a special dividend totaling $500,000, distributed in common shares.
When is the record date for eligibility?
Shareholders must hold shares by December 15, 2025, to qualify for the dividend.
What is the payment date for the dividend?
The dividend shares are expected to be distributed on or about December 30, 2025.
How will the dividend be distributed to shareholders?
The distribution will be made in CYCU common shares, approximating 0.0250 shares for each existing share held.
Who can I contact for more information about Cycurion?
Investors can contact Cycurion's investor relations at (888) 341-6680 or via email at investors@cycurion.com for further details.
