13 days ago • Posted by William Ramstein

LoanDepot to issue special dividend payable May 18

The tech-driven business model and growing consumer brand has announced a special dividend of $0.61 per share. BoA has a buy rating on the stock about $2 dollars north of the current price on the premise that the company has great growth visibility ahead--offering a dividend only enhances their opinion. 

Soure: BoA