LSE News Capital Lease Declares First Quarter Dividends
NEW YORK--(BUSINESS WIRE)--Capital Lease Funding, Inc. (NYSE: LSE)announced today that its Board of Directors has declared a cash dividend of $0.20 per share of common stock and per limited partnership unit for the first quarter of 2007.
The Company’s Board of Directors also declared a cash dividend of $0.5078125 per share of 8.125% Series A Cumulative Redeemable Preferred Stock (NYSE: LSEPrA) for the first quarter of 2007.
Both the common and the preferred dividends are payable on April 16, 2007 to shareholders of record as of March 30, 2007.
About the Company:
Capital Lease Funding, Inc. is a real estate investment trust, or REIT, that invests primarily in single tenant commercial real estate assets subject to long-term leases to high credit quality tenants.