Altisource Residential (RESI) CEO Steps Down; Compass Point Reiterates Buy Rating

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Go back to Altisource Residential (RESI) CEO Steps Down; Compass Point Reiterates Buy Rating

Altisource Residential (RESI) Declares $0.55 Quarterly Dividend; 12.3% Yield

June 18, 2015 5:39 PM EDT

Altisource Residential (NYSE: RESI) declared a quarterly dividend of $0.55 per share, or $2.2 annualized.

The dividend will be payable on July 15, 2015, to stockholders of record on June 30, 2015, with an ex-dividend date of June 26, 2015.

The annual yield on the dividend is 12.3 percent.

For a... More

Altisource Residential (RESI) CEO Pandey to Step Down, Ellison Named as CEO

June 18, 2015 5:37 PM EDT

Altisource Residential Corporation (NYSE: RESI) today announced that Ashish Pandey has decided to step down as Chief Executive Officer of the Company, effective June 30, 2015, to pursue personal interests in India. The Companys Board of Directors has appointed George G. Ellison, the Companys current President, to serve as the Companys Chief Executive Officer,... More