Landmark Infrastructure Partners (LMRK) Raises Quarterly Dividend 0.8% to $0.3325; 7.8% Yield

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Landmark Announces 6th Consecutive Quarterly Distribution Increase; Schedules Second Quarter 2016 Earnings Release and Conference Call

July 27, 2016 7:28 PM EDT

EL SEGUNDO, Calif., July 27, 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 $0.3325 per common unit, or $1.33 per common unit on an annualized basis, for the quarter ended June 30, 2016.  This quarters cash distribution, which represents a 15.7% increase over the minimum quarterly distribution and a 0.8% increase compared to the first quarter 2016 distribution of $0.33 per unit, marks the sixth consecutive quarter that the Partnership has increased its quarterly cash distribution since its IPO in November 2014.  The... More