Landmark Infrastructure Partners (LMRK) Raises Quarterly Dividend 5.9% to $0.3575; 8.1% Yield

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Landmark Announces 11th Consecutive Quarterly Distribution Increase; Schedules Third Quarter 2017 Earnings Release and Conference Call

October 18, 2017 8:00 AM EDT

EL SEGUNDO, Calif., Oct. 18, 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 $0.3575 per common unit, or $1.43 per common unit on an annualized basis, for the quarter ended September 30, 2017.  This quarters cash distribution, which represents a 5.9% increase year-over-year, marks the eleventh consecutive quarter that the Partnership has increased its quarterly cash distribution since its IPO in November 2014.  The distribution is payable on November 14, 2017 to common unitholders of record as of November 1, 2017.

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