Summary by Futu AI
On May 17, 2024, Ault Alliance, Inc., a diversified holding company based in Delaware, announced a monthly cash dividend for its Series D Preferred Stock. The dividend amount is set at $0.2708333 per share. Shareholders on record as of May 31, 2024, will be eligible for the dividend, which is scheduled to be paid on June 10, 2024. This information was disclosed in a press release and is part of a Form 8-K filing with the United States Securities and Exchange Commission. Ault Alliance operates in various sectors, including data center operations, Bitcoin mining, artificial intelligence, and other industries. The company also engages in lending through a licensed subsidiary. The announcement of the dividend follows Ault Alliance's strategy of acquiring undervalued businesses and disruptive technologies with a global impact.