YADKIN FINANCIAL CORPORATION (NYSE:YDKN) Files An 8-K Other Events
Item 8.01. Other Events.
Corporation (“the Company”) declared a regular quarterly cash
dividend of $0.10 per share of its outstanding unrestricted
common stock. The dividend is payable on or after February 16,
2017 to shareholders of record as of February 9, 2017. A press
release announcing the details of the dividend declaration is
attached as Exhibit 99.1.
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Exhibit No.
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Description of Exhibit
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99.1
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Press release dated January 25, 2017.
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About YADKIN FINANCIAL CORPORATION (NYSE:YDKN)
Yadkin Financial Corporation is a bank holding company. The Company conducts its business operations through its subsidiary, Yadkin Bank, which is a chartered community bank that provides services in approximately 110 branches across North Carolina and South Carolina. Yadkin Bank provides banking, mortgage, investment and insurance services to businesses and consumers across the Carolinas. It operates through a segment, which is providing general commercial banking and financial services to individuals and businesses located in North Carolina and South Carolina, and to customers in various states through its Small Business Administration (SBA) lending program. It offers various loans, such as commercial and industrial (C&I) loans and government-guaranteed loans. The Company’s investment securities portfolio includes the United States Government-sponsored enterprise (GSE) obligations and securities guaranteed by the United States SBA. The Company’s primary source of funds is deposits. YADKIN FINANCIAL CORPORATION (NYSE:YDKN) Recent Trading Information
YADKIN FINANCIAL CORPORATION (NYSE:YDKN) closed its last trading session up +0.36 at 33.04 with 117,350 shares trading hands.
