Landmark Infrastructure Partners (LMRK) Raises Quarterly Dividend 1.5% to $0.33; 8.9% Yield
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Landmark Announces 5th Consecutive Quarterly Cash Distribution Increase; Year Over Year Distribution Growth of 10.9%
April 20, 2016 4:30 PM EDTEL SEGUNDO, Calif., April 20, 2016 (GLOBE NEWSWIRE) -- Landmark Infrastructure Partners LP (the Partnership) (NASDAQ: LMRK) announced today that the board of directors of its general partner declared a cash distribution of $0.33 per unit, or $1.32 per unit on an annualized basis, for the quarter ended March 31, 2016. Â This quarters cash distribution, which represents a 14.8% increase over the minimum quarterly distribution and a 1.5% increase compared to the fourth quarter 2015 distribution of $0.325 per unit, marks the fifth consecutive quarter that the Partnership has increased its quarterly cash distribution since its IPO in November 2014. Â The distribution is... More
