LegacyTexas Financial Group (LTXB) Declares $0.13 Quarterly Dividend, Resumes Buyback

LegacyTexas Financial Group (NASDAQ: LTXB) declared a quarterly dividend of $0.13 per share, or $0.52 annualized.

The dividend will be payable on February 23, 2015, to stockholders of record on February 9, 2015, with an ex-dividend date of February 5, 2015.

The annual yield on the dividend is 2.6 percent.

egacyTexas Financial Group, Inc. (formerly known as ViewPoint Financial Group, Inc.) (NASDAQ: LTXB) (the "Company"), the holding company for LegacyTexas Bank, today announced the resumption of its existing stock repurchase program. The open-ended stock repurchase program, which commenced in August 2012, allows for the repurchase of up to 1,978,871 shares in the open market and in negotiated transactions, depending on market conditions. Stock repurchases under this program were suspended in November 2013 as a result of the Company's announced acquisition of LegacyTexas Group, Inc., which automatically triggered termination of the Company's then-existing 10b5-1 trading plan with Sandler O'Neill & Partners, LP. At the time the stock repurchase program was suspended, 83,800 shares had been repurchased, leaving 1,895,071 shares available for future repurchases under the program.

For a dividend history and other dividend-related data on LegacyTexas Financial Group (LTXB) click here.

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