ATN pays out bonus after 2009 profits top $1.2 million

TORONTO – After pulling in more than $1.2 million last year, Asian Television Network said that it will pay out “a special one time dividend” to its shareholders.ATN reported net earnings of $1,203,089 on total revenues of $16,051,522 as at December 31, 2009. The dividend of $0.01 will be payable on May 18 to holders of common shares of record as of May 5, 2010. “This special one time dividend declaration is in light of the company's profitability in 2009 and the significant progress made in reducing its long term debt”, the company said Thursday in a statement.ATN operates twenty...