Regency Affiliates, Inc. Announces Quarterly Dividend Increase
September 04, 2018 at 04:15 pm EDT
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Regency Affiliates, Inc. announced that it will raise its quarterly dividend to 6.40 cents per common share on October 5, 2018 to shareholders of record at the close of trading on September 28, 2018.
Regency Affiliates, Inc. invests in assets that generate predictable and sustainable returns on capital. The Companyâs objective is to generate long-term value for its shareholders. Its management seeks sound investment opportunities to meet its business characteristics and valuation criteria. The Company holds a limited partnership interest in Security Land and Development Company Limited Partnership (Security Land), which owns and operates 34.3 acres of land and rental property of approximately 717,000 square feet in Woodlawn, Maryland. Its wholly owned subsidiary is RSS Investments LLC (RSS). RSS acquired majority ownership (80%) of SSCP Harrisburg Holdings, LLC (Harrisburg Holdings). Harrisburg Holdings is the sole member of SSCP Harrisburg Intermediate Holdings, LLC. Through its controlling interest of SSCP Harrisburg Holdings, LLC, it is focused on the ownership, operation, and acquisition of self-storage properties located within the Harrisburg, Pennsylvania area.
REGENCY AFFILIATES, INC. 
