Home Loan Servicing Solutions, Ltd. Announces Dividend of $0.15 per Ordinary Share for Each of January, February and March 20...
January 16 2014 - 4:30PM
Home Loan Servicing Solutions, Ltd.® ("HLSS" or the "Company")
(Nasdaq:HLSS) announced today that its Board of Directors has
declared the dividend for the months of January, February and March
2014 of $0.15 per ordinary share. The dividend will be payable to
holders of record of our ordinary shares as follows:
|
|
Amount per |
Record
Date |
Payment
Date |
Ordinary
Share |
|
|
|
January 31, 2014 |
February 10, 2014 |
$0.15 |
|
|
|
February 28, 2014 |
March 10, 2014 |
$0.15 |
|
|
|
March 31, 2014 |
April 10, 2014 |
$0.15 |
|
|
|
For more information on prior releases and SEC Filings, please
refer to the "Shareholders" section of our website at
www.hlss.com.
HLSS is an internally-managed owner of non-agency mortgage
servicing assets with historically stable valuations and cash
flows. HLSS' assets are predominately mortgage servicing advances
that, along with the related servicing rights, are
over-collateralized 25 times by residential real estate. HLSS'
objective is to generate stable, recurring fee-based earnings and
dividends throughout the economic cycle. For more information,
visit www.hlss.com.
This news release contains forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. Forward-looking statements are not guarantees
of future performance, and involve a number of assumptions, risks
and uncertainties that could cause actual results to differ
materially. Important factors that could cause actual results to
differ materially from those suggested by the forward-looking
statements include, but are not limited to, the following: general
economic and market conditions, prevailing interest rates,
governmental regulations and policies, availability of adequate and
timely sources of liquidity, real estate market conditions and
other risks detailed in HLSS' reports and filings with the
Securities and Exchange Commission. You should not place undue
reliance on such forward-looking statements, which speak only as of
the date they are made. HLSS undertakes no obligation to update or
revise the forward-looking statements, whether as a result of new
information, future events or otherwise.
CONTACT: FOR FURTHER INFORMATION CONTACT:
James E. Lauter
Senior Vice President &
Chief Financial Officer
T: +1 345-815-3932
E: James.Lauter@hlss.com
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