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CapLease Raises Qtr. Dividend from $0.07 to $0.075/Share

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CapLease, Inc. (NYSE: LSE) today provided the following dividend updates.

Dividend Policy

The Company's Board of Directors announced an increase in the Company's quarterly dividend by 7% beginning with the fourth quarter of 2012 to $0.075 per share. Including last quarter's 8% dividend increase, the Company's Board of Directors has increased the quarterly dividend by 15% during 2012. That increase reflects the Company's significant progress on its 2012 business plan including new investments added or committed of over $165 million.

Posted-In: News Dividends


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