CHINA LENDING CORPORATION (NASDAQ:CLDC) Files An 8-K Other Events
Item 8.01. Other Events
On December 19, 2016, China Lending Corporation (the Company)
issued a press release announcing that its Board of Directors has
approved a one-time dividend of $0.148 per ordinary share which
represents an amount equal to twenty-five percent (25%) of (i)
the Companys consolidated net income for the period beginning
January 1, 2016 through September 30, 2016, the end of the
Companys third quarter, less (ii) the amount of dividends paid,
payable or otherwise accrued as preferred dividends with respect
to the Companys Series A preferred shares for such period. The
dividend will be paid on January 20, 2017 to holders of record of
the Companys ordinary shares on December 29, 2016. The dividend
will be payable in ordinary shares. No fractional shares will be
issued. All dividends shall be rounded up to the nearest whole
number of ordinary shares when fractional shares occur. No cash
payments will be made for any fractional shares.
A copy of the press release is filed herewith as Exhibit 99.1 to
this current report on Form 8-K and is incorporated herein by
reference.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits. The following exhibit is being filed herewith this
Current Report on Form 8-K.
| 99.1 | Press Release dated December 19, 2016. |
About CHINA LENDING CORPORATION (NASDAQ:CLDC)
CHINA LENDING CORPORATION (NASDAQ:CLDC) Recent Trading Information
CHINA LENDING CORPORATION (NASDAQ:CLDC) closed its last trading session 00.00 at 6.53 with 23,865 shares trading hands.
