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Non-Tech : Income Investing

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From: kgr113711/10/2025 9:01:43 AM
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CCLDO: Plan Based on Growing Recurring Revenues and Margins; Double Dividends Expected to Continue until Series B Dividend Arrears are Fully Satisfied

SOMERSET, N.J., Nov. 10, 2025 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”) today announced that its Board of Directors has adopted a formal plan (the “Plan”) to satisfy the 14 months of accumulated and unpaid dividends (i.e., those dividends that accumulated from November 2023 through December 2024) on its 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock (“Series B Preferred Stock”) (Nasdaq: CCLDO). The Company is pleased to announce this Plan based on its successful turnaround and confidence related to its enhanced margins and growing recurring revenues and cashflow.
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