Metairie, Louisiana – December 14, 2015 – During its meeting held today the Board of Directors of Biloxi Marsh Lands Corporation (Pink Sheets: BLMC) declared a dividend of $.125 per outstanding share of common stock payable on Wednesday, December 30, 2015 to shareholders of record as of the close of business on Thursday, December 24, 2015.
Additionally, the Board of Directors authorized the purchase of up to 30,000 shares of the company’s outstanding common stock. The purchase will be made from time to time at the sole discretion of the company. All shares purchased will be held as Treasury Stock.
Contact:
Biloxi Marsh Lands Corporation
Colleen Starks: 504-837-4337
[email protected]