BBX Capital Corporation Declares Quarterly Cash Dividend

BBX Capital Corporation (NYSE:BBX) (OTCQX:BBXTB) (“BBX Capital” or the “Company”) announced today that the Company’s Board of Directors has declared a cash dividend payment of $0.01 per share on its Class A and Class B Common Stock, with a payment date of July 20, 2018, to all shareholders of record at the close of trading on June 29, 2018.  The Company previously indicated its intention to continue to declare regular quarterly dividends of $0.01 per quarter per share on its Class A and Class B Common Stock (an aggregate per share of $0.04 annually).

About BBX Capital Corporation: BBX Capital Corporation (NYSE:BBX) (OTCQX:BBXTB) is a Florida-based diversified holding company whose activities include its 90 percent ownership interest in Bluegreen Vacations Corporation (NYSE:BXG) as well as its real estate and middle market divisions. For additional information, please visit www.BBXCapital.com.

About Bluegreen Vacations Corporation: Bluegreen Vacations Corporation (NYSE:BXG) is a leading vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in top leisure and urban destinations. The Bluegreen Vacation Club is a flexible, points-based, deeded vacation ownership plan with approximately 212,000 owners, 67 Club and Club Associate Resorts and access to more than 11,000 other hotels and resorts through partnerships and exchange networks as of March 31, 2018. Bluegreen Vacations also offers a portfolio of comprehensive, fee-based resort management, financial, and sales and marketing services, to or on behalf of third parties. Bluegreen is 90% owned by BBX Capital Corporation (NYSE:BBX) (OTCQX:BBXTB), a diversified holding company. For additional information, please visit www.BluegreenVacations.com.

Via: Nasdaq

2018-07-16T14:30:57+00:00June 18th, 2018|Tags: |