Le Lézard
Classified in: Business
Subject: DIV

Compass Diversified Holdings Declares Third Quarter 2017 Distributions on Common and Preferred Shares

WESTPORT, Conn., Oct. 5, 2017 /PRNewswire/ -- Compass Diversified Holdings (NYSE: CODI) ("CODI" or the "Company"), an owner of leading middle market businesses, announced today that its Board of Directors (the "Board") has declared a quarterly cash distribution of $0.36 per share on the Company's common shares (the "Common Shares"). The distribution for the three months ended September 30, 2017 is payable on October 26, 2017 to all holders of record of Common Shares as of October 19, 2017.

The Board also declared a quarterly cash distribution of $0.61423611 per share on the Company's 7.250% Series A Preferred Shares (the "Preferred Shares"). The distribution on the Preferred Shares covers the period from and including June 28, 2017, the original issue date of the Preferred Shares, up to, but excluding, October 30, 2017. The distribution for such period is payable on October 30, 2017 to all holders of record of Preferred Shares as of October 15, 2017.

About Compass Diversified Holdings ("CODI")
CODI owns and manages a diverse family of established North American middle market businesses. Each of its current subsidiaries is a leader in its niche market.

CODI maintains controlling ownership interests in each of its subsidiaries in order to maximize its ability to impact long term cash flow generation and value. The Company provides both debt and equity capital for its subsidiaries, contributing to their financial and operating flexibility. CODI utilizes the cash flows generated by its subsidiaries to invest in the long-term growth of the Company and to make cash distributions to its shareholders.

Our nine majority-owned subsidiaries are engaged in the following lines of business:

This press release may contain certain forward-looking statements, including statements with regard to the future performance of CODI. Words such as "believes," "expects," "projects," and "future" or similar expressions, are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements, and some of these factors are enumerated in the risk factor discussion in the Form 10-K filed by CODI with the SEC for the year ended December 31, 2016 and other filings with the SEC. Except as required by law, CODI undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Compass Diversified Holdings

These press releases may also interest you

at 15:27
comScore today announced the official worldwide weekend box office estimates for the weekend of March 18, 2018, as compiled by the company's theatrical measurement services. As the trusted industry partner for real-time...

at 14:55
Metafrax, a company controlled by a businessperson Seyfeddin Roustamov, begins constructing a new chemical plant of 58 billion rubles for producing ammonia, carbamide and melamine. The ceremony of laying the first cube of concrete to the plant base...

at 14:29
The three keys to a growing area ? housing, job and population increases are on the rise in Dallas and its surrounding suburbs; continuing to make it one of the fastest growing cities in 2018. Leading the nation in...

at 14:03
BNP Paribas has extended its title sponsorship of the BNP Paribas Open from 2019 through 2023. BNP Paribas began its title sponsorship of the tournament in 2009, and over the course of this agreement, the bank will become the longest running title...

at 11:51
Lionsgate /Roadside Attractions' release of the Erwin Brothers faith-based family drama I Can Only Imagine shattered pre-weekend tracking expectations to become #3 at the box-office this weekend and the #1 faith-based movie of 2018. The film took in...

at 10:00
Lowestcarinsuranceratesonline.com (http://www.lowestcarinsuranceratesonline.com/) offers free car insurance quotes for finding the right policy in spring. Clients can find great auto insurance offers at anytime during the year, but this spring...

News published on 5 october 2017 at 16:05 and distributed by: