Asta Funding, Inc. (ASFI) Declares $5.30 Special Dividend; 74.1% Yield

Asta Funding, Inc. (NASDAQ: ASFI) declared a special dividend of $5.30 per share. The dividend will be payable on February 28, 2018, to stockholders of record on February 16, 2018.

The annual yield on the dividend is 74.1 percent.

"We are pleased to return to our stockholders a common dividend of $5.30 a share, which represents 74% of its closing price of $7.20 per share as of February 2, 2018. This dividend provides an immediate benefit to our stockholders, while allowing us to remain well positioned for future growth with ample liquidity for select investment opportunities," said Gary Stern, Chairman, President and Chief Executive Officer.

Mr. Stern continued, "I would like to personally thank our stockholders for the unwavering support and loyalty they have shown to the Company over the last several years."

For a dividend history and other dividend-related data on Asta Funding, Inc. (ASFI) click here.

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