10:47:52 EDT Fri 19 Aug 2022
Enter Symbol
or Name

C-Com Satellite Systems Inc
Symbol CMI
Shares Issued 40,741,400
Close 2022-01-24 C$ 2.05
Recent Sedar Documents

C-Com Satellite to pay 1.25-cent dividend Feb. 23

2022-01-24 11:41 ET - News Release

Mr. Leslie Klein reports


C-Com Satellite Systems Inc. will pay an eligible dividend in the amount of 1.25 cents per common share payable on Feb. 23, 2022, to all shareholders of record as of Feb. 7, 2022. Based on the closing price of $2.12 per share on Jan. 21, 2022, this dividend represents a yield of 2.4 per cent on an annualized basis.

"We are pleased that we can continue to be able to reward our loyal shareholders with this quarterly dividend," said Leslie Klein, president and chief executive officer of C-Com Satellite Systems.

The C-Com iNetVu mobile proprietary antennas and services associated with these products are used in mobile applications by corporations, government agencies, the military, law enforcement agencies, homeland security, utility vehicles, oil and gas platforms, police, fire, medical, and other security and emergency services with a need for affordable mobile two-way high-speed Internet over satellite connectivity.

About C-Com Satellite Systems Inc.

C-Com Satellite Systems is a pioneer and world leader in the design, development and manufacture of transportable and mobile satellite-based antenna systems. The company has developed proprietary, auto-acquisition controller technology for rapid antenna pointing to a satellite with just the press of a button, enabling broadband Internet through satellite across a wide range of market applications worldwide, including regions unserved or underserved by terrestrial access technologies.

C-Com has sold more than 8,500 antenna systems, in over 100 countries, through a dedicated dealer network that provides service to a wide range of vertical markets such as oil and gas exploration, military communications, disaster management, SNG (satellite news gathering), emergency communications, cellular backhaul, telemedicine, mobile education, government services, mobile banking, and others. The company's iNetVu brand is synonymous with high quality, reliability and cost-effectiveness.

C-Com is in late-stage development of a potentially revolutionary Ka-band, electronically steerable, modular, conformal, flat-panel phased-array antenna. In co-operation with the University of Waterloo, C-Com is engaged in the design of this unique antenna with the intent of providing low-cost, high-throughput mobility applications over satellite for land, airborne and maritime verticals.

The company is publicly traded on the TSX Venture Exchange (under the symbol CMI) and on the U.S. OTCQB exchange (under the symbol CYSNF).

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