C-COM approves USD 0.0125 dividend

C-COM Satellite Systems Inc., (TSX VENTURE: CMI) has approved a dividend for USD 0.0125 per common share payable on February 24, 2017 to all shareholders of record as of February 10, 2017, the company said.

Based on the closing price of USD 0.99 per share on January 26, 2017, this dividend represents a yield of 5.05% on an annualized basis.

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 2-way high-speed Internet over Satellite connectivity.

C-COM Satellite Systems provides development, manufacture and deployment of commercial grade mobile satellite-based technology for the delivery of two-way high-speed Internet, VoIP and Video services into vehicles.