NetworkNewsBreaks – Asia Broadband Inc. (AABB) I
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Asia Broadband (OTC: AABB), a resource company focused on the production, supply and sale of precious and base metals, today announced that its management and board of directors have approved an increase in the upcoming stock dividend. According to the update, the restricted common share dividend will be distributed on the basis of one dividend share for every 45 shares owned to AABB shareholders of record on May 3, 2021. In response to shareholder requests and interest, the company increased the dividend by 10% and extended the shareholders of record date. The majority of shareholders will receive the dividend shares through their brokers or investment firms. Alternatively, shareholders owning registered share certificates with the company’s transfer agent will receive the dividend shares directly by mail.
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