FBR & Co. (FBRC) Declares $7.61 Special Dividend in Connection with B. Riley Merger; 45.8% Yield

FBR & Co. (NASDAQ: FBRC) declared a special dividend of $7.61 per share.

The dividend will be payable on June 1, 2017, to stockholders of record on May 30, 2017, with an ex-dividend date of May 25, 2017.

The annual yield on the dividend is 45.8 percent.

This special dividend is issued in connection with, and subject to, FBR & Co.’s Merger with and into B. Riley Financial, Inc. and is contingent upon the satisfaction or waiver of the closing conditions to the Merger.

The special cash dividend will be paid on or about June 1, 2017 to all FBR shareholders of record as of the close of business on May 30, 2017.

For a dividend history and other dividend-related data on FBR & Co. (FBRC) click here.

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