Resource America, Inc. Authorizes Payment of Quarterly Cash Dividend
PHILADELPHIA, PA--(Marketwire - December 14, 2009) - Resource America, Inc. (NASDAQ: REXI) (the
"Company") announces that its Board of Directors has authorized the payment
of a cash dividend on January 29, 2010 in the amount of $0.03 per share of
the Company's common stock to all holders of record at the close of
business on December 31, 2009. The Company has issued a cash dividend for
fifty-eight consecutive quarters.
Resource America, Inc. is a specialized asset management company that uses
industry specific expertise to generate and administer investment
opportunities for its own account and for outside investors in the
commercial finance, real estate and financial fund management sectors. For
more information please visit our website at www.resourceamerica.com or
contact Marketing and Investor Relations at pkamdar@resourceamerica.com.
Certain matters discussed within this press release are forward-looking
statements within the meaning of the Private Securities Litigation Reform
Act of 1995. Although the Company believes the expectations reflected in
such forward-looking statements are based on reasonable assumptions, it can
give no assurance that its expectations will be attained. Factors that
could cause actual results to differ materially from expectations include
financial performance, regulatory changes, changes in local or national
economic conditions and other risks detailed from time to time in the
Company's reports filed with the SEC, including quarterly reports on Form
10-Q, reports on Form 8-K and annual reports on Form 10-K. The Company
undertakes no obligation to update or revise any forward-looking statement
to reflect new or changing information or events.