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Replies to post #1596 on Lions Gate Entertainment Corp (LGF.B)
fung_derf
09/18/15 2:43 PM
#1597 RE: starbuxsux #1596
Lionsgate Increases Quarterly Cash Dividend from $0.07 to $0.09 per Common Share SANTA MONICA, CA, and VANCOUVER, BC, September 15, 2015 -- Lionsgate (NYSE: LGF), a premier next generation global content leader, announced today that its Board of Directors has increased the Company’s quarterly cash dividend from seven cents ($0.07) per common share to nine cents ($0.09) per common share. The dividend is payable on November 10, 2015 to shareholders of record as of September 30, 2015. “We’re pleased that our continued strong financial performance enables us to return more value to our shareholders by increasing our quarterly dividend,” said Lionsgate Chief Executive Officer Jon Feltheimer and Vice Chairman Michael Burns. “With the strongest balance sheet in our Company’s history, we’re well positioned to continue executing our strategy of returning capital to our shareholders while reinvesting in our business and exploring strategic opportunities that create additional long-term value.”
09/18/15 2:44 PM
#1598 RE: starbuxsux #1596