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Stock impact report

CareCloud Announces Early Resumption of Preferred Stock Dividend Payments [Yahoo! Finance]

CareCloud, Inc. (CCLD) 
Company Research Source: Yahoo! Finance
Accelerated Timeline Reflects Strong Financial Performance and Commitment to Shareholder Value SOMERSET, N.J., Jan. 21, 2025 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the “Company”) (Nasdaq: CCLD, CCLDO, CCLDP), a leader in healthcare information technology and generative AI solutions for medical practices and health systems nationwide, today announced that its Board of Directors (the “Board”) has decided to resume dividend payments on its Series A Cumulative Redeemable Perpetual Preferred Stock (the "Series A Preferred Stock") and Series B Cumulative Redeemable Perpetual Preferred Stock (the "Series B Preferred Stock") earlier than previously announced based on the Company's success at accelerating free cash flow. “We are thrilled to have reached this important milestone ahead of schedule and we want to express our sincerest thanks to our shareholders for their strong support,” said Stephen Snyder, Co-Chief Executive Officer of CareCloud. “We expect an exciting 2025 as we continue to Show less Read more
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