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Non-Tech : Resource Mortgage Capital, Inc (RMR - NYSE)
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To: charles chesnut who wrote ()9/17/1996 10:04:00 PM
From: charles chesnut   of 34
 
On 9/12/96 RMR increased it's quarterly dividend for the third quarter to $.585 per share of common stock and preferred stock. Sixth consecutive quarterly increase in dividend. President of company projects record growth to $4.4 bil for 3rd quarter along with a significant drop in general and administrative expenses. Also, RMR has filed a prospectus supplement with SEC for a public offering of 1.5 mil shares of Series C Cumulative Convertible Preferred Stock. No details as yet.
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