House & Home
Thu, July 1, 2010Wed, June 30, 2010Tue, June 29, 2010Mon, June 28, 2010Sun, June 27, 2010Fri, June 25, 2010Thu, June 24, 2010Wed, June 23, 2010Tue, June 22, 2010Mon, June 21, 2010Sun, June 20, 2010Fri, June 18, 2010Thu, June 17, 2010Wed, June 16, 2010Tue, June 15, 2010Mon, June 14, 2010Sun, June 13, 2010Fri, June 11, 2010Thu, June 10, 2010Wed, June 9, 2010Tue, June 8, 2010Mon, June 7, 2010Revlon, Inc. Announces Regular Dividend on its Series A Preferred Stock
//house-home.news-articles.net/content/2010/06/1 .. ar-dividend-on-its-series-a-preferred-stock.html
Published in House and Home on Thursday, June 17th 2010 at 15:05 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
NEW YORK--([ BUSINESS WIRE ])--As previously disclosed, Revlon, Inc. (NYSE: REV) issued 9,336,905 shares of Series A Preferred Stock (CUSIP No. 761525 708) on October 8, 2009. Pursuant to the terms of the Certificate of Designation, each share of Series A Preferred Stock is entitled to receive, when and if declared by Revlon's Board of Directors out of legally available funds, cumulative preferential dividends at an annual rate of 12.75% of the $5.21 per share liquidation preference (the "Regular Dividends").
The Regular Dividends are payable quarterly in cash in arrears on October 8, January 8, April 8 and July 8 of each year, if declared. The full terms and conditions of the Series A Preferred Stock are set forth in the Certificate of Designation for the Series A Preferred Stock, which Revlon filed with the SEC on October 8, 2009.
Revlon today announced that its Board of Directors has declared this Regular Dividend of $0.165614 per share on the Series A Preferred Stock for the period from April 8, 2010 through and including July 8, 2010 (representing 91 days out of a 365-day year).
The Regular Dividend referred to in this press release is payable on July 8, 2010 to holders of record of the Series A Preferred Stock at the close of business on June 25, 2010.
About Revlon
Revlon is a global color cosmetics, hair color, beauty tools, fragrances, skincare, anti-perspirant / deodorants and beauty care products company whose vision is Glamour, Excitement and Innovation through High-quality Products at Affordable Prices. Revlon® is one of the strongest consumer brand franchises in the world. Revlona™s global brand portfolio includes Revlon® color cosmetics, Almay® color cosmetics, Revlon Colorsilk® hair color, Revlon® beauty tools, Charlie® fragrances, Mitchum® anti-perspirant / deodorants, and Ultima II® and Gatineau® skincare. Websites featuring current product and promotional information can be reached at [ www.revlon.com ], [ www.almay.com ] and [ www.mitchumman.com ]. Corporate and investor relations information can be accessed at [ www.revloninc.com ].
