Visitors Now:
Total Visits:
Total Stories:
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

TechFinancials Inc JV ‘paying dividends’ says COO Jeremy Lange

Monday, November 28, 2016 4:57
% of readers think this story is Fact. Add your two cents.

(Before It's News)

The good news keeps on coming for resurgent financial trading services provider TechFinancials Inc (LON:TECH), which is to pocket a million dollars in dividend payments.

The US$1,020,000 pay-out is from its 51%-owned subsidiary, DragonFinancials, which has declared a US$2mln dividend in respect of the first nine months of 2016.

TechFinancials COO Jeremy Lange tells Proactive: ”We started out the joint venture with Optionfortune on the first of January this year   and the relationship is paying dividends”.

”The JV has done amazingly well, so we see results on target, the dividend is beyond our expectations this year and we’re expecting good results to the end of this year”.

TechFinancials, which last week raised earnings guidance for the year, said it would look in the new year at the possibility of resuming dividend payments.

Story by ProactiveInvestors

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.