Biloxi Marsh Lands Corporation Declares Cash Dividend
June 24 2005 - 12:11PM
Business Wire
Biloxi Marsh Lands Corporation (PINK SHEETS:BLMC) today announced
that during its meeting on June 16, 2005 the Board of Directors
declared a cash dividend of $1.00 per share of common stock payable
on August 10, 2005 to shareholders of record as of the close of
business on July 21, 2005. This dividend is the third to be paid
during 2005 and brings the total amount of dividends paid during
the year to $3.25 per share. Biloxi Marsh Lands Corporation owns
approximately 90,000 acres of marsh lands located in St. Bernard
Parish, Louisiana. As the landowner, it derives the vast majority
of its revenue from oil and gas exploration and production
activities that take place on or near the company's land. The
company also derives minimal revenues from surface rentals. For
additional information, please see our website
www.biloximarshlandscorp.com.
Biloxi Marsh Lands (CE) (USOTC:BLMC)
Historical Stock Chart
From Jun 2024 to Jul 2024
Biloxi Marsh Lands (CE) (USOTC:BLMC)
Historical Stock Chart
From Jul 2023 to Jul 2024