LoanDepot, Inc. Declares Regular Cash Dividend on Its Class A Common Stock and Class D Common Stock, Payable on October 18, 2021
September 23, 2021 at 07:31 am EDT
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On September 23, 2021, loanDepot, Inc. announcing that its board of directors has authorized, and the Company has declared, a regular cash dividend of $0.08 per share on its Class A common stock and Class D common stock (the “Dividend”). The board of directors of LD Holdings Group LLC (“LD Holdings”), a subsidiary of the Company, has authorized, and LD Holdings has declared, a simultaneous cash dividend on its units. The Dividend will be paid on October 18, 2021 to the Company’s stockholders of record as of the close of business on October 4, 2021.
loanDepot, Inc. is a customer-centric, technology-empowered residential mortgage platform. The Company is engaged in the origination of conventional and government mortgage loans, servicing conventional and government mortgage loans, and providing ancillary services. It is engaged in originating, financing, selling, and servicing residential mortgage loans and provides title, escrow, and settlement services for mortgage loan transactions. Its technology platform, mello, serves as a lead generation tool for these loan officers, particularly focusing on purchase originations. The Company and its mellohome operating unit offer an integrated platform of lending, loan servicing, real estate and home services that support customers along their entire homeownership journey. Its loan product suite includes conventional agency-conforming loans, conventional prime jumbo loans, Federal Housing Administration (FHA) and Department of Veterans Affairs (VA) loans, and home equity lines of credit.