Life Partners Holdings, Inc. Announces Quarterly Dividend
WACO, Texas--(BUSINESS WIRE)--
Life Partners Holdings, Inc. (Nasdaq GS: LPHI), parent company of
Life Partners, Inc., announced that it would pay a quarterly dividend of
$0.20 per share to be paid on or about June 15, 2011 for shareholders of
record as of May 16, 2011. The amount is adjusted for the 5-for-4 stock
split which took place on December 31, 2010.
Life Partners is the world's oldest and one of the most active
companies in the United States engaged in the secondary market for life
insurance, commonly called "life settlements." Since its incorporation
in 1991, Life Partners has completed over 131,000 transactions for its
worldwide client base of approximately 28,000 high net worth individuals
and institutions in connection with the purchase of over 6,400 policies
totaling approximately $2.9 billion in face value.
Life Partners Holdings, Inc.
Shareholder Relations, 254-751-7797
Source: Life Partners Holdings, Inc.
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