Key Developments: Resource America Inc (REXI.O)
8.15USD
12:18pm EDT
$0.03 (+0.37%)
$8.12
$8.10
$8.21
$8.07
3,688
16,425
$10.30
$5.74
Latest Key Developments (Source: Significant Developments)
Resource America Inc Announces Quarterly Cash Dividend
Resource America Inc announced the payment of a cash dividend on April 30, 2013 of USD0.03 per share of the Company's common stock to all holders of record at the close of business on April 19, 2013. Full Article
Resource America Inc Authorizes Payment Of Quarterly Cash Dividend
Resource America Inc announced that its Board of Directors has authorized the payment of a cash dividend on January 31, 2013 in the amount of $0.03 per share of the Company's common stock to all holders of record at the close of business on January 18, 2013. Full Article
Resource America Inc Authorizes Payment of Quarterly Cash Dividend
Resource America Inc announced that its Board of Directors has authorized the payment of a cash dividend on October 31, 2012 in the amount of $0.03 per share of the Company's common stock to all holders of record at the close of business on October 19, 2012. Full Article
Resource America, Inc. Authorizes Repurchase Of Up To 5% Of Outstanding Common Stock
Resource America, Inc. announced that its Board of Directors has authorized the Company to repurchase up to 5% of outstanding common shares. The Company currently has outstanding approximately 19.9 million shares of common stock. Share repurchases may be made from time to time through open market purchases or privately negotiated transactions at the discretion of the Company and in accordance with the rules of the Securities and Exchange Commission, as applicable. The amount and timing of any repurchases will depend on market conditions and other factors. Full Article
Resource America, Inc. Authorizes Payment Of Quarterly Cash Dividend
Resource America, Inc. announced that its Board of Directors has authorized the payment of a cash dividend on July 31, 2012 in the amount of $0.03 per share of the Company's common stock to all holders of record at the close of business on July 20, 2012. Full Article
Resource America, Inc. Announces Closing of CVC-Credit Partners Transaction
Resource America, Inc. announced transaction with CVC Capital Partners SICAV-FIS, S.A. that has created CVC Credit Partners, L.P. In connection with the transaction, the Company received $25.0 million in cash before transaction costs and a 33% interest in CCP and its general partner. Resource America is also retaining certain incentive management fees that may be collected beginning in 2013, which the Company currently believes could be worth in excess of $20 million, relating to portfolios previously managed by the Company that will now be managed by CCP. The Company expects to utilize previously recognized losses to reduce or eliminate the payment of any taxes in connection with the transaction. After transaction expenses, the Company expects to record a gain of approximately $53 million. CCP will be a global credit management business with over $7.5 billion in assets under management and offices in both the United States and Europe. Full Article
Resource America, Inc. Authorizes Payment of Quarterly Cash Dividend
Resource America, Inc. announces that its Board of Directors has authorized the payment of a cash dividend on April 30, 2012 in the amount of $0.03 per share of the Company's common stock to all holders of record at the close of business on April 20, 2012. Full Article
Resource America, Inc. Authorizes Payment Of Quarterly Cash Dividend
Resource America, Inc. announced that its Board of Directors has authorized the payment of a cash dividend on October 31, 2011 in the amount of $0.03 per share of the Company's common stock to all holders of record at the close of business on October 21, 2011. Full Article
Resource America, Inc. Authorizes Payment Of Quarterly Cash Dividend
Resource America, Inc. announced that its Board of Directors has authorized the payment of a cash dividend on July 29, 2011 in the amount of $0.03 per share of the Company's common stock to all holders of record at the close of business on July 25, 2011. Full Article
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