Liberty Tax (TAX) Declares $0.16 Quarterly Dividend; 7.5% Yield

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Liberty Tax Service Announces Nasdaq Stay Request Granted; Approval of Quarterly Cash Dividend

July 5, 2018 4:30 PM EDT

VIRGINIA BEACH, Va., July 05, 2018 (GLOBE NEWSWIRE) -- Liberty Tax, Inc. (NASDAQ: TAX) (the Company), the parent company of Liberty Tax Service, announced today that it has been granted an extended stay as to the suspension of the Company's shares from trading by the Nasdaq Hearings Panel (the "Panel") until the Company's  hearing before the Panel and the issuance of a final Panel determination regarding the Companys listing status.

On June 19, 2018, the Company requested a hearing before the Panel to appeal the delisting determination from the staff of the Listing Qualifications Department of Nasdaq... More