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Linn Co, LLC Message Board

  • rlp2451 rlp2451 Feb 21, 2013 7:15 AM Flag

    LNCO Dividend to Match LINE's

    LinnCo's current estimated annual dividend of $2.84 per share includes a reduction of $0.06 per share for taxes, which LinnCo now estimates to be zero for 2013. Therefore, management estimates that the LinnCo dividend per share for the quarter ended March 31, 2013 will increase 2 percent from $0.71 to $0.725
    per quarter, or $2.90 per share on an annual basis.

    LinnCo's management intends to recommend to its board an increase in LinnCo's dividend by 8.5 percent following the closing of the transaction to $3.08 per share on an annualized basis, which includes the $0.18 per share increase in LINN distributions.

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LNCO
31.29+0.21(+0.67%)Aug 28 4:00 PMEDT

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