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Hannon Armstrong Sustainable Infrastructure Capital Inc Announces 133% Increase in Dividend


Thursday, 7 Nov 2013 04:10pm EST 

Hannon Armstrong Sustainable Infrastructure Capital Inc announced that it will increase its dividend from $0.06 per share to $0.14 per share. The Board of Directors of the Company has authorized a quarterly cash dividend of $0.14 per share of common stock, payable on November 22, 2013, to stockholders of record on November 18, 2013. The Board of Directors has reviewed the timing of the dividend payments by various REITs and determined that a change in the quarterly payment schedule was merited. Thus, the Company will announced its dividend in the last month of future quarters. For example in Q4 2013, the Company intends to declare its dividend in December and make payment in January 2014. 

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