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Daily Dividend Report: LINE, LNCO, SSS, OZRK, REXI
Wednesday, July 2, 3:37 PM ET

LINN Energy declared a monthly cash distribution of $0.2416 per unit, or $2.90 per unit on an annualized basis, for all of its outstanding units. The distribution will be payable July 16, 2014, to unitholders of record as of the close of business on July 11, 2014.

LinnCo declared a monthly cash dividend of $0.2416 per common share, or $2.90 per share on an annualized basis, for all of its outstanding common shares. The dividend will be payable July 17, 2014, to shareholders of record as of the close of business on July 11, 2014.

Sovran Self Storage (NYSE:SSS) announced the Company's quarterly dividend of $0.68 per share of common stock. The annualized dividend of Sovran Self Storage is $2.72 per share. The dividend will be paid on July 28, 2014 to Shareholders of record on July 14, 2014.

Bank of the Ozarks (NASDAQ:OZRK) has approved a regular quarterly cash dividend of $0.12 per share payable July 18, 2014 to shareholders of record as of July 11, 2014. The dividend of $0.12 per share represents an increase of $0.005 per share, or 4.35%, on a split-adjusted basis, over the dividend paid in the previous quarter. The Company has increased its quarterly dividend in each of the last sixteen quarters.

And, Resource America (NASDAQ:REXI) has authorized the payment of a cash dividend on July 31, 2014 in the amount of $0.05 per share of the Company's common stock to all holders of record at the close of business on July 17, 2014. The Company has paid a consecutive quarterly cash dividend for over 18 years.

For MarketNewsVideo.com, I'm Tracey Fitzpatrick.

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Daily Dividend Report: LINE, LNCO, SSS, OZRK, REXI | Market News Video | Copyright © 2008 - 2016, All Rights Reserved

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