Ladder Capital (LADR) Raises Quarterly Dividend 3.2% to $0.325; 8.4% Yield
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Ladder Capital Corp Announces 3% Dividend Increase and Second Quarter 2018 Dividend to Holders of Class A Common Stock
May 30, 2018 11:00 AM EDTNEW YORK--(BUSINESS WIRE)-- Ladder Capital Corp (Ladder or the Company) (NYSE: LADR) today announced the declaration by its Board of Directors of a second quarter 2018 dividend of $0.325 per share of Class A common stock. The cash dividend is payable on July 2, 2018 to stockholders of record as of the close of business on June 11, 2018.
This declaration reflects a 3% increase in Ladders recurring quarterly cash dividend, effective in the current quarter, to $0.325 per share from $0.315 per share. Since electing to be taxed as a REIT on January 1, 2015, Ladders recurring quarterly cash dividend has been... More
