FBR Declares Quarterly Dividend of $0.05 per Share Payable January 31, 2007
Wednesday, December 13, 2006 9:22:00 AM ET
Ramsey Group, Inc. (FBR ) today announced that its Board of Directors has
declared a dividend of $0.05 per share for the fourth quarter of 2006. The
dividend will be payable on January 31, 2007 to shareholders of record on
December 29, 2006 (ex-dividend date of December 27, 2006).
Friedman, Billings, Ramsey Group, Inc. provides investment banking*,
institutional brokerage*, asset management, and private wealth services
through its operating subsidiaries and invests in mortgage-related assets and
merchant banking opportunities. FBR focuses capital and financial expertise
on eight industry sectors: consumer, diversified industrials, energy and
natural resources, financial institutions, healthcare, insurance, real estate,
and technology, media and telecommunications. FBR is headquartered in the
Washington, D.C. metropolitan area with offices in Arlington, VA, Boston,
Dallas, Houston, Irvine, London, New York, Phoenix and San Francisco.
Friedman, Billings, Ramsey Group, Inc. is the parent company of First NLC
Financial Services, Inc., a non-conforming residential mortgage originator
headquartered in Deerfield Beach, Florida. For more information, see
*Friedman, Billings, Ramsey & Co., Inc.
Statements concerning future performance, developments, events, market
forecasts, revenues, expenses, earnings, run rates and any other guidance on
present or future periods, constitute forward-looking statements that are
subject to a number of factors, risks and uncertainties that might cause
actual results to differ materially from stated expectations or current
circumstances. These factors include, but are not limited to, the effect of
demand for public offerings, activity in the secondary securities markets,
interest rates, costs of borrowing, interest spreads, mortgage pre-payment
speeds, risks associated with merchant banking investments, the realization of
gains and losses on principal investments, available technologies, competition
for business and personnel, and general economic, political and market
conditions. These and other risks are described in the companys Annual Report
and Form 10-K and quarterly reports on Form 10-Q that are available from the
company and from the SEC.
SOURCE Friedman, Billings, Ramsey Group, Inc.
Investors: Paul Beattie +1-703-312-9673, or email@example.com, or Media: Lauren Burk
+1-703-469-1004, or firstname.lastname@example.org, both of Friedman, Billings, Ramsey Group, Inc.