Landmark Infrastructure Partners (LMRK) Raises Quarterly Dividend 3.7% to $0.35; 9.1% Yield

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Go back to Landmark Infrastructure Partners (LMRK) Raises Quarterly Dividend 3.7% to $0.35; 9.1% Yield

Landmark Announces 8th Consecutive Quarterly Distribution Increase; Schedules Fourth Quarter 2016 Earnings Release and Conference Call

January 25, 2017 4:46 PM EST

EL SEGUNDO, Calif., Jan. 25, 2017 (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 $0.35 per common unit, or $1.40 per common unit on an annualized basis, for the quarter ended December 31, 2016.  This quarters cash distribution, which represents a 7.7% increase year-over-year and a 3.7% increase compared to the third quarter 2016 distribution of $0.3375 per unit, marks the eighth consecutive quarter that the Partnership has increased its quarterly cash distribution since its IPO in November 2014.  The distribution is payable on February... More