Medley Management (MDLY) Declares $0.20 Quarterly Dividend; 12.7% Yield

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Go back to Medley Management (MDLY) Declares $0.20 Quarterly Dividend; 12.7% Yield

Medley Management Inc. Declares $0.20 Per Share Dividend and Reports First Quarter 2017 Results

May 12, 2017 6:00 AM EDT

NEW YORK, May 12, 2017 (GLOBE NEWSWIRE) -- Medley Management Inc. (NYSE: MDLY) today reported its financial results for its first quarter ended March 31, 2017.

Highlights

Total assets under management increased to $5.5 billion as of March 31, 2017Fee earning assets under management were over $3.2 billion as of March 31, 2017Issued  $69  million of  Medley LLC 7.25% senior unsecured notes, a portion of which were used to fully repay our remaining  indebtedness under our syndicated term loanU.S. GAAP net income attributable to Medley Management Inc. was $0.06 per share... More