The Smarter Web Company announces MORE weekly preference share dividend arrangements
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AT A GLANCE
The Smarter Web Company announces MORE preference share dividend of 0.2301 pounds per share for the week, payable on November 23。
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The Smarter Web Company announces MORE weekly preference share dividend
BlockBeats news,November 3, London-listed technology company The Smarter Web Company announced that, for the week ending November 6, 2026, the dividend on its MORE preference shares is 0.2301 pounds per share. The record date is November 6, the ex-dividend date is November 5, and the payment date is November 23. The current annualized dividend rate on the preference shares is 12%(based on a reference amount of 100 pounds).
As of the announcement date, of the 211,112 shares issued, 111,137 shares are entitled to the dividend. The remainder are held by Tennyson Capital through the ATM facility, with dividend rights waived until the shares are sold. The company will provide a further update on November 5.
Original link:https://m.theblockbeats.info/flash/375197
Key points
01
The Smarter Web Company announced that, for the week ending November 6, 2026, the dividend on its MORE preference shares is 0.2301 pounds per share.
02
The record date is November 6, the ex-dividend date is November 5, and the payment date is November 23。
03
MORE The annualized dividend rate on the preference shares is 12%, based on a reference amount of 100 pounds.
04
As of the announcement date, 211,112 shares had been issued, of which 111,137 shares were entitled to the dividend.
05
The remaining shares are held by Tennyson Capital through the ATM facility, with dividend rights waived until the shares are sold.
06
The company said it would provide a further update on November 5.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The announcement sets out how much will be distributed in dividends on the MORE preference shares this week and which dates determine eligibility and payment timing. Not all issued shares are entitled to this dividend because dividend rights on some shares have been temporarily waived.
Why it matters to readers
The dividend amount, ex-dividend date, record date, and payment date together determine the terms of this cash distribution; the number of shares entitled to the dividend will also affect the company's total payment.
New investors holding or preparing to trade MORE preference shares should pay attention to the ex-dividend date and record date, but the material does not provide the market price, trading reaction, or actual payment outcome.
Risks and unknowns
November 5 The further update on
The material discloses only the scheduled payment date; whether November 23 actually completed the dividend payment cannot yet be confirmed.
The material did not provide MORE the market price of or trading response to the preferred shares.
The material did not explain ATM the specific terms of the facility.
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Related concepts
preferred stock
This term is not in the glossary yet. Browse related concepts in the glossary.
The cutoff point that determines eligibility for an upcoming dividend; purchases made on or after this date generally do not qualify for that dividend.
