Biloxi Marsh Lands Corporation Declares Cash Dividend

Rhea-AI Summary

Biloxi Marsh Lands Corporation (BLMC) announced a dividend of $0.10 per share during its Board meeting on December 17, 2020. This dividend is payable on January 14, 2021 to shareholders who are on record as of the close of business on December 30, 2020. This decision reflects the company's ongoing commitment to providing returns to its investors and signals confidence in its financial sustainability.

Positive

• Dividend declared at $0.10 per share indicates financial health.
• Payment date of January 14, 2021, provides shareholders with immediate income.

Negative

• None.

During its meeting held on Thursday, December 17, 2020, the Board of Directors of Biloxi Marsh Lands Corporation (Pink Sheets: BLMC) declared a dividend of $.10 per outstanding share of common stock payable on Thursday, January 14, 2021 to shareholders of record as of the close of business on Wednesday, December 30, 2020.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201217006034/en/

FAQ

What is the dividend amount declared by BLMC?

Biloxi Marsh Lands Corporation declared a dividend of $0.10 per share.

When is the dividend payment date for BLMC shareholders?

The dividend payment date is January 14, 2021.

What is the record date for BLMC's dividend payment?

The record date is December 30, 2020.

How often does BLMC pay dividends?

The frequency of dividend payments is not specified in the press release.

Is the dividend declared by BLMC sustainable?

The press release does not provide specific information regarding the sustainability of the dividend.