{"id":395278,"date":"2020-12-08T08:20:59","date_gmt":"2020-12-08T13:20:59","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=395278"},"modified":"2020-12-08T08:20:59","modified_gmt":"2020-12-08T13:20:59","slug":"mill-city-ventures-announces-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mill-city-ventures-announces-dividend\/","title":{"rendered":"Mill City Ventures announces dividend"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">MINNEAPOLIS<\/span>, <span class=\"xn-chron\">Dec. 8, 2020<\/span> \/PRNewswire\/ &#8212; Mill City Ventures III, Ltd. (OTCQB: MCVT) today announced that its Board of Directors had declared a cash dividend of <span class=\"xn-money\">$0.05<\/span> per share on its outstanding common stock. The dividend is payable on or about <span class=\"xn-chron\">January 4, 2021<\/span>, to stockholders of record as of the close of business on <span class=\"xn-chron\">December 21, 2020<\/span>.<\/p>\n<p>Chief Executive Officer <span class=\"xn-person\">Douglas M. Polinsky<\/span> stated, &#8220;We are thrilled to reward our patient stockholders with a cash dividend to help provide a return on investment for our record year. We continue to search out additional ways to bring value to our investors.&#8221;<\/p>\n<p>\n        <u>Forward-Looking Statements<br \/><\/u>Forward-looking statements in this release are made pursuant to the &#8220;safe harbor&#8221; provisions of the Private Securities Litigation Reform Act of 1995. \u00a0These forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements, including without limitation continued demand for short-term specialty non-bank loans, increased levels of competition, new products or offerings introduced by competitors, changes in the market rates of loans, and other risks.<\/p>\n<p>\n        <u>About Mill City Ventures III, Ltd.<br \/><\/u>Founded in 2007, Mill City Ventures III, Ltd., is a specialty finance company providing short-term non-bank lending. Additional information can be found at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3005919-1&amp;h=16812746&amp;u=http%3A%2F%2Fwww.sec.gov%2F&amp;a=www.sec.gov\" rel=\"nofollow noopener noreferrer\">www.sec.gov<\/a>.<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG16803&amp;sd=2020-12-08\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/mill-city-ventures-announces-dividend-301188355.html\">http:\/\/www.prnewswire.com\/news-releases\/mill-city-ventures-announces-dividend-301188355.html<\/a><\/p>\n<p>SOURCE  Mill City Ventures III, Ltd.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CG16803&amp;Transmission_Id=202012080817PR_NEWS_USPR_____CG16803&amp;DateId=20201208\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire MINNEAPOLIS, Dec. 8, 2020 \/PRNewswire\/ &#8212; Mill City Ventures III, Ltd. (OTCQB: MCVT) today announced that its Board of Directors had declared a cash dividend of $0.05 per share on its outstanding common stock. The dividend is payable on or about January 4, 2021, to stockholders of record as of the close of business on December 21, 2020. Chief Executive Officer Douglas M. Polinsky stated, &#8220;We are thrilled to reward our patient stockholders with a cash dividend to help provide a return on investment for our record year. We continue to search out additional ways to bring value to our investors.&#8221; Forward-Looking StatementsForward-looking statements in this release are made pursuant to the &#8220;safe harbor&#8221; provisions of the Private &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mill-city-ventures-announces-dividend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Mill City Ventures announces dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-395278","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mill City Ventures announces dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mill-city-ventures-announces-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mill City Ventures announces dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire MINNEAPOLIS, Dec. 8, 2020 \/PRNewswire\/ &#8212; Mill City Ventures III, Ltd. (OTCQB: MCVT) today announced that its Board of Directors had declared a cash dividend of $0.05 per share on its outstanding common stock. The dividend is payable on or about January 4, 2021, to stockholders of record as of the close of business on December 21, 2020. Chief Executive Officer Douglas M. Polinsky stated, &#8220;We are thrilled to reward our patient stockholders with a cash dividend to help provide a return on investment for our record year. We continue to search out additional ways to bring value to our investors.&#8221; Forward-Looking StatementsForward-looking statements in this release are made pursuant to the &#8220;safe harbor&#8221; provisions of the Private &hellip; Continue reading &quot;Mill City Ventures announces dividend&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/mill-city-ventures-announces-dividend\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-08T13:20:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG16803&amp;sd=2020-12-08\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mill-city-ventures-announces-dividend\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mill-city-ventures-announces-dividend\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Mill City Ventures announces dividend\",\"datePublished\":\"2020-12-08T13:20:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mill-city-ventures-announces-dividend\\\/\"},\"wordCount\":232,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mill-city-ventures-announces-dividend\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=CG16803&amp;sd=2020-12-08\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mill-city-ventures-announces-dividend\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mill-city-ventures-announces-dividend\\\/\",\"name\":\"Mill City Ventures announces dividend - 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(OTCQB: MCVT) today announced that its Board of Directors had declared a cash dividend of $0.05 per share on its outstanding common stock. The dividend is payable on or about January 4, 2021, to stockholders of record as of the close of business on December 21, 2020. Chief Executive Officer Douglas M. Polinsky stated, &#8220;We are thrilled to reward our patient stockholders with a cash dividend to help provide a return on investment for our record year. We continue to search out additional ways to bring value to our investors.&#8221; Forward-Looking StatementsForward-looking statements in this release are made pursuant to the &#8220;safe harbor&#8221; provisions of the Private &hellip; Continue reading \"Mill City Ventures announces dividend\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/mill-city-ventures-announces-dividend\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-08T13:20:59+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG16803&amp;sd=2020-12-08","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mill-city-ventures-announces-dividend\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mill-city-ventures-announces-dividend\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Mill City Ventures announces dividend","datePublished":"2020-12-08T13:20:59+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mill-city-ventures-announces-dividend\/"},"wordCount":232,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mill-city-ventures-announces-dividend\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG16803&amp;sd=2020-12-08","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mill-city-ventures-announces-dividend\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/mill-city-ventures-announces-dividend\/","name":"Mill City Ventures announces dividend - 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