Regency Affiliates (RAFI) Declares $0.064 Quarterly Dividend; 3.2% Yield

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Regency Affiliates Announces Quarterly Dividend Increase

September 4, 2018 4:15 PM EDT

NEW YORK, Sept. 4, 2018 /PRNewswire/ -- Regency Affiliates, Inc. (OTC Pink: RAFI) ("Regency") today announced that it will raise its quarterly dividend to 6.40 cents per common share on October 5, 2018 to shareholders of record at the close of trading on September 28, 2018.

Management Comments

"We are pleased to declare a quarterly dividend of 6.40 cents per common share reflecting a 2.4% increase over the level of quarterly dividend established in September 2017," commented Laurence Levy, Chairman and Chief Executive of Regency. "We continue to be comfortable with this dividend level... More