We have utilized our cash to repurchase 619,475 share since January 1, 2017, instituted a quarterly cash dividend beginning in the third quarter of 2018 and will continue to seek out strategic accretive acquisitions
, all to enhance shareholder value."
Our strategy remains to steadily increase our cash dividend each year as we grow funds from operations through immediately and strongly accretive acquisitions
. As we continue to execute on our deep and diverse pipeline, we will routinely consider future dividend increases while maintaining a conservative payout ratio.
This dividend marks the sixth consecutive year of increase in the cash dividend and the company said that its strategy remains to steadily increase its cash dividend each year as it grows funds from operations through immediately and strongly accretive acquisitions
EP Energy Corporation (NYSE: EPE), a company that says that it focuses on enhancing the value of its high quality asset portfolio, increasing capital efficiency, maintaining financial flexibility, and pursuing accretive acquisitions
and divestitures, has reported its financial results for 2018.
Over the last nine months we have added more than $1.2bn to our charter backlog in a series of accretive acquisitions
Over the last nine months the company has added more than USD 1.2bn to its charter backlog in a series of accretive acquisitions
With a series of funds representing more than USD 26 billion in capital commitments, Thoma Bravo partners with a company's management team to implement operating best practices, invest in growth initiatives and make accretive acquisitions
intended to accelerate revenue and earnings, with the goal of increasing the value of the business.
We are working hard to find additional accretive acquisitions
to continue to scale our platform.
Gould, CEO and President of BRT stated, "We were pleased to generate an IRR of approximately 15.7 percent on our interest in The Apartments at Venue and anticipate recycling a portion the proceeds into accretive acquisitions
in the near future, if appropriate.
We intend to continue our strategy of pursuing accretive acquisitions
that will expand our footprint and strengthen our position particularly in the territories in which we are already active.'
"Nexstar's fourth consecutive annual increase in our cash dividend highlights the board's commitment to create value for shareholders through our proven ability to generate prodigious free cash flow growth through accretive acquisitions
, meticulous integration and disciplined operating practices which collectively allow for expanded returns of capital," said Perry Sook , Nexstar's founder, Chairman and President/CEO.
Shinn added, "Our team continues to work diligently to identify and close additional attractive, highly accretive acquisitions
that are aligned with our corporate strategy.