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Stock Market & Financial Investment News

News Breaks
May 12, 2014
07:04 EDTEDREducation Realty announces CFO Brown's departure
EdR announced that executive vice president and CFO Randall Brown has resigned effective June 30 in order to pursue other business opportunities. The financial affairs of the company will be managed by the existing executive management team until a successor CFO is appointed. The company has engaged Spencer Stuart, an executive search consulting firm, to evaluate internal and external candidates for its new CFO. The company will conduct a thorough and prudent search and announce a successor once a qualified candidate is identified.
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July 16, 2014
18:02 EDTEDREducation Realty to replace Hittite Microwave in S&P 600 as of 7/21 close
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July 15, 2014
07:32 EDTEDREducation Realty increases dividend by 9% to 12c
EdR announced that its board has approved a quarterly cash dividend of 12c per share of common stock. This represents a 9% increase in EdR’s dividend and, based on the company’s recent stock price, represents an annual yield of approximately 4.5%. The dividend will be payable August 15 to shareholders of record as of July 31.

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