Yadkin Financial (YDKN) Declares $0.50 Special Dividend; 2.6% Yield
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Yadkin Financial Corporation Declares Special Cash Dividend on Common Stock and Announces Receipt of Merger Regulatory Approvals
February 16, 2016 11:16 AM ESTRALEIGH, N.C., Feb. 16, 2016 (GLOBE NEWSWIRE) -- Yadkin Financial Corporation (NYSE: YDKN), the holding company for Yadkin Bank, announced that its Board of Directors declared on Monday, February 15, 2016 an extraordinary special cash dividend of $0.50 per share of its outstanding unrestricted common stock. The dividend will be paid on or after March 7, 2016 to shareholders of record as of February 29, 2016.
In addition, Yadkin Financial Corporation announced that it has received all required regulatory approvals for its pending merger with NewBridge Bancorp and, subject to the receipt of the required shareholder approvals and the... More
