Waco, TX – May 4, 2011 – Life Partners Holdings, Inc. (Nasdaq GS: LPHI), parent company of Life Partners, Inc., announced that it would pay a quarterly dividend of $0.20 per share to be paid on or about June 15, 2011, for shareholders of record as of May 16, 2011. The amount is adjusted for the 5-for-4 stock split which took place on December 31, 2010.
Life Partners is the world’s oldest and one of the most active companies in the United States engaged in the secondary market for life insurance, commonly called “life settlements.” Since its incorporation in 1991, Life Partners has completed over 131,000 transactions for its worldwide client base of approximately 28,000 high net worth individuals and institutions in connection with the purchase of over 6,400 policies totaling approximately $2.9 billion in face value.
