Key Developments For Epoch Holding Corporation
Epoch Holding Corporation (EPHC.O) (Consolidated Issue listed on NASDAQ Capital Market)
Epoch Holding Corp Declares Special Cash Dividend
Epoch Holding Corp announced that its Board of Directors declared a special cash dividend of $0.30 per share on the Company's common stock, payable on December 15, 2009 to stockholders of record at the close of business on November 30, 2009.
Epoch Holding Corp Announces Strategic Relationship with New York Life Investments
Epoch Holding Corp announced that its wholly owned subsidiary, Epoch Investment Partners, Inc. (Epoch), a has entered into a strategic relationship with New York Life Investments, whereby the MainStay Group of Funds will adopt Epoch`s current family of mutual funds (the Epoch Funds), subject to the Epoch Funds` shareholder approval. The proposed transaction has been approved by the Board of Directors of the Epoch Funds. Epoch will continue to be responsible for the day-to-day investment management of the funds through a sub-advisory relationship, while MainStay Investments (MainStay), the retail distribution arm of New York Life Investments, will be responsible for the distribution and administration of the funds. Upon approval by the shareholders of each of the Epoch Funds, each fund will be co-branded as a "MainStay Epoch" fund. The four existing Epoch Funds currently have approximately $750 million in assets under management.
Epoch Holding Corp's Epoch Investment Partners, Inc. Appointed As Sub-Advisor to Six MainStay Funds
Epoch Investment Partners, Inc., the sole operating subsidiary of Epoch Holding Corp announced that it has been appointed a sub-advisor to The MainStay Funds family of mutual funds. Epoch will sub-advise approximately $1.1 billion of assets in six existing portfolios which are managed by New York Life Investment Management LLC.
Epoch Holding Corp's Board Of Directors Declares Special Cash Dividend
Epoch Holding Corp announced that its Board of Directors declared a special cash dividend of $0.12 per share on the Company's common stock, payable on January 15, 2009 to stockholders of record at the close of business on December 31, 2008
Epoch Holding Corp Announces Share Repurchase Plan; Also Expects to Increase Total Annual Cash Dividend
Epoch Holding Corp announced that its Board of Directors has approved the repurchase of up to a maximum of 250,000 shares, or just over 1%, of the Company's fully diluted outstanding common stock. The board further announced that it expects to increase the annual cash dividend on shares of its common stock to 12 cents per share from the current 10 cents per share, payable quarterly in accordance with the Company's dividend policy.
