Key Developments For Resource America, Inc.
Resource America, Inc. (REXI.O) (Nasdaq)
Resource America, Inc. Authorizes Payment Of Quarterly Cash Dividend
Resource America, Inc. announced that its Board of Directors have authorized the payment of a cash dividend on October 15, 2009, 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 September 15, 2009.
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 June 30, 2009 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 May 29, 2009.
Resource America, Inc. Announces the Extension of a $205 Million Credit Facility
LEAF Financial Corporation, the commercial finance subsidiary of Resource America, Inc. , announced that it has entered into an extension of one of its credit facilities led by Morgan Stanley Bank through November 2009. This facility was used to acquire the assets of NetBank Business Finance for its public limited partnership, LEAF Equipment Leasing Income Fund III, L.P., in November 2007. The facility had an original balance of $386 million and has a current balance of $205 million.
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 August 29, 2008 in the amount of $0.07 per share of the Company's common stock to all holders of record at the close of business on August 15, 2008.
Resource America, Inc. Closes On New Debt Facilities For Its Managed Equipment Leasing Funds
Resource America, Inc. announced that its subsidiary, LEAF Financial Corporation (LEAF), has closed on a new debt facility for LEAF Equipment Leasing Income Fund III, L.P. (LEAF III) and extended an existing facility for LEAF Equipment Leasing Income Fund II, L.P. (LEAF II). These additional facilities provide LEAF's investors with approximately $280 million of available debt.
