Pope Resources (POPE) Raises Quarterly Distribution 40% to $0.35; 3% Yield
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Pope Resources Depositary Receipts of Limited Partnership Units (NASDAQ: POPE) declared a quarterly distribution of $0.35 per share, or $1.4 annualized. This is a 40% increase from the prior distribution of $0.25.
The distribution will be payable on August 15, 2011, to stockholders of record on July 29, 2011, with an ex-distribution date of July 27, 2011.
The annual yield on the distribution is 3 percent.
The distribution will be payable on August 15, 2011, to stockholders of record on July 29, 2011, with an ex-distribution date of July 27, 2011.
The annual yield on the distribution is 3 percent.
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