Patriot National Announces Closing of New Credit Facility and Capital Distribution to Shareholders

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Patriot National (PN) Declares $2.50 Special Dividend; Adds $25M to Stock Buyback Authorization

November 14, 2016 6:50 AM EST

Patriot National (NYSE: PN) declared a special dividend of $2.50 per share.

The dividend will be payable on December 9, 2016, to stockholders of record on November 28, 2016, with an ex-dividend date of November 30, 2016.

The annual yield on the dividend is 36.5 percent.

The Board has... More