Life Partners Holdings, Inc. LPHI announced today that its board of directors has authorized a special cash dividend payment of $0.25 cents per share to shareholders of record as of the close of business on October 15, 2010, to be paid on or about October 29, 2010.
The decision is based on the company’s strong cash position and its continuing commitment to provide shareholder value. This special dividend will be in addition to the company’s regular $0.25 quarterly dividends, which are scheduled to be paid on or about September 15 and December 15, 2010.
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