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Reliance Global Group Announces Special Cash Dividend of $0.03 Per Share
Reliance  Reliance (US:RELI) Globenewswireยท2025-09-29 13:10

Core Viewpoint - Reliance Global Group, Inc. has declared a special cash dividend of $0.03 per common share, reflecting the company's commitment to rewarding shareholders while executing its growth strategy [1][2]. Financial Performance - The company has made significant progress in strengthening its financial performance and balance sheet over the past several quarters [2]. - The dividend payment is scheduled for December 2, 2025, to stockholders of record as of October 30, 2025 [1][4]. Shareholder Value - The special dividend is intended to deliver near-term value to shareholders, demonstrating the company's confidence in the sustainability of its business model [2]. - The disciplined approach to capital allocation includes a recently announced strategy for investing in digital assets, specifically Ethereum and Cardano, aimed at enhancing long-term treasury management and overall shareholder value [2]. Growth Strategy - The company remains focused on driving long-term growth through its Insurtech platform and agency network [2][4]. - Future capital allocation strategies, including potential dividends or other returns of capital, will be at the discretion of the Board [4].