UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
November 25, 2020
Date of report (Date of earliest event reported)
NUVERA COMMUNICATIONS, INC.
(Exact name of registrant as specified in its charter)
Minnesota | 0-3024 | 41-0440990 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
27 North Minnesota Street
New Ulm, MN 56073
(Address of principal executive offices, including zip code)
(507) 354-4111
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§230.12b-2 of this chapter). Emerging growth company Yes £
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. £
Securities registered pursuant to Section 12(b) of the Act: None.
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Item 8.01 Other Events.
On November 25, 2020, the Board of Directors of Nuvera Communications, Inc. approved a 4th quarter dividend payment of $0.13 per share. The recently declared dividend will be paid to shareholders of record at the close of business on December 10, 2020 and will be payable on December 18, 2020.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1 Nuvera Communications, Inc. Press Release dated November 30, 2020.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Nuvera Communications, Inc. | ||
By: | /s/Curtis Kawlewski | |
Curtis Kawlewski | ||
Its: | Chief Financial Officer |
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EXHIBIT 99.1
FOR IMMEDIATE RELEASE
From: Nuvera Communications, Inc.
27 N Minnesota St.
New Ulm, MN 56073
Phone: 507.354.4111
Contact: Glenn Zerbe
Nuvera
507.354.4111
E-mail: glennzerbe@nuvera.net
Nuvera Communications, Inc. Declares a 4th Quarter 2020 Dividend
NEW ULM, MN November 30, 2020- The Board of Directors of Nuvera Communications, Inc. approved a 4th quarter dividend payment of $.13 per share. The recently declared dividend will be paid to shareholders of record at the close of business on December 10, 2020 and will be payable on December 18, 2020.
Nuvera continued to provide essential broadband services without interruption or degradation throughout the current pandemic. The rapidly expanding demand for bandwidth was met by a committed staff for whom we are forever grateful, stated Glenn Zerbe, Nuveras President and CEO. Having successfully adjusted our operations including securing sufficient operating funds during a time of market uncertainty, we can now look forward to recovering with our nation and returning as an even stronger company and community in 2021. We are pleased to be able to declare this dividend and continue our stock buyback program as a positive result of our teams efforts.
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About Nuvera
Nuvera is a well-established communications company with headquarters in New Ulm, MN that provides Internet, digital TV, voice, Managed Services, computer sales and computer repair services. Nuvera sells and services cellular phones and accessories and customer premise equipment. Nuvera has customer solutions centers in the Minnesota communities of New Ulm, Glencoe, Goodhue, Hutchinson, Litchfield, Prior Lake, Redwood Falls, Sleepy Eye and Springfield as well as Aurelia, Iowa. Nuvera also operates TechTrends, a technology retail store, located in New Ulm. In addition, Nuvera offers television and Internet services in Cologne, Mayer, New Germany and Plato MN. Nuvera also holds partial ownership in FiberComm, LC, based in Sioux City, Iowa.
Nuvera Communications, Inc. is a publicly held corporation. For more information on the company or purchasing stock, visit nuvera.net.