Ladenburg Thalmann (LTS) Declares $0.01 Quarterly Dividend; 1.7% Yield
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Ladenburg Announces Initiation of Quarterly Dividend on Common Stock
August 9, 2017 7:30 AM EDTMIAMI--(BUSINESS WIRE)-- Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTS PrA), a diversified financial services company, today announced it intends to pay a regular quarterly cash dividend to holders of its common stock. The decision by Ladenburgs Board of Directors to initiate a dividend represents a significant milestone in the companys history and demonstrates confidence in our growth prospects, free cash flow generation and financial outlook over the long term, said Dr. Phillip Frost, Chairman of Ladenburg.
This dividend program reinforces our commitment to delivering value to our shareholders, while continuing to invest in our... More
