Kronos Advanced Technologies Unveils Upcoming Cash Dividend Plans
Kronos Advanced Technologies Announces Ex-Dividend Date
Kronos Advanced Technologies, Inc. (OTC: KNOS) has made waves with its latest announcement regarding a significant cash dividend. This dividend, set at $0.00001 per share, marks an important milestone in the company’s journey of innovation in advanced air purification technologies.
Understanding the Cash Dividend Payment Process
The ex-dividend date has been officially set for midnight prior to the 18th of September, ensuring that shareholders who hold onto their stocks until the close of business on that date will be eligible for the payout. This aspect of the announcement is crucial for investors, particularly those interested in the benefits of holding onto their shares. If shares are purchased after this date, they will not qualify for the dividend, emphasizing the importance of timing in the stock market.
CEO's Vision for Shareholder Value
Greg Rubin, the CEO of Kronos Advanced Technologies, expressed enthusiasm regarding the payment of this dividend, showcasing the company’s ongoing commitment to rewarding its shareholders. He emphasized that this move is part of a broader strategy to provide long-term value, demonstrating that the company values the support of its investors.
The Technology Behind Kronos Advanced Technologies
Founded in 2002 and initially funded by the U.S. military for developing electrostatic air movers, Kronos has filed around 50 patent applications over the years, paving the way for over 25 issued patents. Their extensive patent portfolio is a testament to their commitment to innovation in clean air technologies.
Advancements in Air Purification
Kronos' approach to air purification centers around reducing energy consumption while delivering powerful and efficient filtration systems. Their technology utilizes patent-protected processes to eliminate harmful airborne particles, including allergens and viruses, without the use of traditional HEPA filters. This not only modernizes air cleaning but also contributes to energy efficiency, aligning with global efforts toward sustainability.
Market Applications and Future Directions
As a leader in the air purification industry, Kronos's technology is diverse, finding applications in various sectors including healthcare, automotive, and educational facilities. Their products range from compact systems designed for vehicles to larger units capable of servicing industrial environments. This adaptability highlights the potential of Kronos technology to meet the growing demand for high-quality indoor air.
The Adoption of Cryptocurrency
One distinguishing feature of Kronos Advanced Technologies is its acceptance of Dogecoin and other cryptocurrencies as payment for its products. This pioneering approach not only reflects their innovation in product development but also showcases their commitment to embracing modern digital payment solutions.
FDA Clearance and Recognition in the Industry
In a significant achievement, Kronos received FDA 510(k) clearance, allowing their Model 5 Air Purifier to be classified as a Class II Medical Device. This endorsement validates the effectiveness of their patented air disinfection technology, proving its capability to eliminate 99.9% of airborne threats including bacteria and viruses. This advancement will enable Kronos to broaden its reach into hospitals and healthcare settings, thereby contributing to overall public health.
Commitment to Innovation and Customer Satisfaction
Kronos has continually positioned itself at the forefront of air quality improvement since its inception. With planned expansions into new markets and continuous product enhancements, they remain steadfast in their mission to improve indoor air quality globally. Coupled with their promise of guaranteed satisfaction on all products, customers can feel assured in their commitment to providing top-tier air purification solutions.
Contact and Available Products
For more details about their offerings or to explore their innovative air purification solutions, interested parties can reach out via the Kronos shopping portal. Kronos products are marketed under the Airdog® and KRONOS® brands, and the company stands ready to assist potential customers looking for dependable air quality solutions.
Frequently Asked Questions
What is the ex-dividend date announced by Kronos?
The ex-dividend date is set for midnight prior to the 18th of September, allowing shareholders to qualify for the upcoming cash dividend.
How much is the cash dividend per share?
Kronos has declared a cash dividend of $0.00001 per share to eligible shareholders.
What recent achievement has Kronos made concerning product clearance?
Kronos received FDA 510(k) clearance for their Model 5 Air Purifier, classifying it as a Class II Medical Device.
In what markets are Kronos products primarily used?
Kronos products find applications in various markets including healthcare, automotive, and general consumer use in homes and businesses.
What payment methods does Kronos accept?
Kronos is known for accepting cryptocurrencies like Dogecoin as a form of payment for its products.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- Social Security Adjustments and the Impact on Dividend Stocks
- NewtekOne, Inc. Approves Quarterly Dividend Payment Plan
- Changpeng Zhao's Prison Release Sparks Future Plans Beyond Binance
- Heigs Unveils Innovative Winter Collection with CODE SWISS
- Insights on Core Molding Technologies Stock Movements
- Viavi Solutions Sees Share Sale Amid Strategic Growth Plans
- NewtekOne, Inc. Announces Exciting $0.19 Dividend per Share
- BP Partners with ABS for Advanced Kaskida FPU Services
- Carlyle Group Resumes IPO Plans for Nouryon Chemical Business
- Exploring Three Dividend Aristocrats With Impressive Yields
Recent Articles
- Kronos Advanced Technologies: Pioneering Air Purification Innovations
- Promising Data on Fostrox and Lenvima in Liver Cancer
- Thailand's Ambitious Digital Wallet Scheme: What to Know
- European Stocks Face Challenges Amid Central Bank Decisions
- Hedge Funds Shift Strategies: Banks and Insurance Stock Surge
- TAR-200 and Cetrelimab Show Significant Results in Cancer Treatment
- THAT Revolutionizes Finance with Secure Blockchain Solutions
- Adagene Unveils Promising Efficacy for ADG126 in Colorectal Cancer
- Nexans Secures Major Contract for Renewable Energy Link
- Revolutionizing DDoS Protection with Nokia's New Technology
- TME Pharma Presents Promising Glioblastoma Trial Outcomes
- Investment Boost for Ziegert Group by H.I.G. Realty Firm
- Akur8 Raises $120 Million to Enhance Insurance Pricing Solutions
- Adagene's ADG126 Data at ESMO Highlights Promising Cancer Therapy
- Discover the Exciting Features of Valkey 8.0 Upgrade
- Strengthening Open Source Software Defense Against Patent Trolls
- Cloud Native Computing Foundation Welcomes New Silver Members
- Penumbra Achieves CE Mark Approval for Innovative Thrombectomy Tech
- CAMARA Launches Meta-Release of Innovative Telecom APIs
- Linux Foundation Launches OpenSearch Software Foundation for Growth
- Linux Foundation to Launch Developer Relations Initiative for Growth
- TECNO Unveils Ambitious Campaign: #GoalTogether for Youth
- Hesai Technology Launches Revolutionary OT128 Lidar Solution
- Linux Foundation Launches Decentralized Trust for Innovation
- Innovative Partnership Between ForwardX and Optiscan Group Announced
- Linux Foundation Welcomes free5GC: A Milestone for Open Source 5G
- Unlocking New Potential: Hyperledger Fabric 3.0 Launch
- Understanding Early Redemptions Data Released by Jyske Realkredit
- Eckoh Plc: Recent Trading Insights and Important Updates
- MT Group and Ørsted Collaborate on Innovative CO2 Project
- HONGQI Celebrates Award for Sustainable Innovation in Germany
- Promising Results from TAR-200 and Cetrelimab Trial in Bladder Cancer
- S&P 500 Could Rebound as Market Watches Fed Rate Cuts
- Global Youth Challenge Encourages Innovation for Sustainability
- Syensqo Simplifies Listing Structure with Euronext Paris Delisting
- Infortar Expands Portfolio with Acquisition of Leading Printer
- Advancements in Blood-Based CRC Screening from Exact Sciences
- Join OKX Wallet and Uniswap Labs at Exciting Event in Singapore
- MaxCyte Partners with Kamau to Transform Cell Therapy Approaches
- Analysts Believe Tech Stocks Set to Surge Amid Rate Cuts
- Key Stocks Including Coda Octopus To Monitor This Week
- Höegh LNG Transitions to Höegh Evi for Future Energy Goals
- Central Banks and Market Movements: A Week to Watch Closely
- Tragic Violence Near Papua New Guinea Gold Mine Claims Lives
- Austal Ltd and Evolution Mining Shine in Australia's Market
- Nikkei 225 Takes a Hit: Exploring Japan's Stock Market Trends
- Volkswagen Set to Announce Capcity Cuts Worth Billions Ahead
- Market Movements: Toncoin Breaks Through Resistance, Bitcoin Surges
- Insights on Market Trends: What's Next for Investors
- Top Strategies for Navigating the Upcoming Federal Meeting