WOODBRIDGE, N.J., May 12, 2017 (GLOBE NEWSWIRE) — EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) (EMRISE or the Company), today announced that the Company expects to make a fourth liquidation dividend distribution to its stockholders totaling approximately $980,000, or $0.09 per share, during the week of June 5, 2017 (the Distribution). When paid, the Distribution will bring the aggregate total of the four liquidation dividends paid to EMRISE stockholders to date to approximately $14.35 million, or $1.32 per share of common stock.
Liquidation dividend distributions are only being made to stockholders of record as of the close of business on July 7, 2015, in connection with the Companys previously announced vo…
Read the full article at: https://globenewswire.com/news-release/2017/05/12/984399/0/en/EMRISE-CORPORATION-Announces-Estimated-Date-and-Amount-of-Fourth-Liquidation-Dividend-Distribution-to-Stockholders.html