UPDATE: (Correct) Ladenburg Thalmann (LTS) Raises Quarterly Dividend 25% to $0.0125

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Ladenburg Increases Quarterly Dividend on Common Stock by 25%

August 24, 2018 8:30 AM EDT

MIAMI--(BUSINESS WIRE)-- Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTS PrA, LTSL, LTSF, LTSK) (Ladenburg), a publicly-traded, diversified financial services company, today announced its Board of Directors has approved an increase of its quarterly cash dividend to $.0125 per share of common stock. The dividend is payable on September 28, 2018 to shareholders of record as of the close of business on September 14, 2018.

The increased dividend we announced today reflects the success of our business operations. In addition, it emphasizes our commitment to delivering value to our shareholders and reflects our confidence in Ladenburgs financial and operational strength, said... More