Regency Affiliates (RAFI) Declares $0.05875 Quarterly Dividend; 2.4% Yield
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Regency Affiliates Announces A 5.875 Cent Quarterly Dividend
June 7, 2016 4:30 PM EDTNEW YORK, June 7, 2016 /PRNewswire/ --Â Regency Affiliates, Inc. (OTC Pink: RAFI) ("Regency") today announced that it will issue a quarterly dividend of 5.875 cents per common share on July 8, 2016 to shareholders of record at the close of trading on June 30, 2016.
Management Comments
"We are pleased to declare a quarterly dividend of 5.875 cents per common share which is inclusive of the 6.8% increase initiated in October 2015," commented Laurence Levy, Chairman and Chief Executive of Regency. "After a review of our cash flow and growth prospects, we... More
