Filing Summary
Business Context and Reporting Period
loanDepot, Inc. filed a Form 8-K dated May 13, 2021 under Item 7.01, Regulation FD Disclosure. The filing reports a declared regular cash dividend and does not provide quarterly or annual operating results.
Dividend and Key Financial Information
- The board authorized and the company declared a regular cash dividend of $0.08 per share on its Class A and Class D common stock.
- The dividend is payable on July 16, 2021.
- Eligible stockholders are those of record as of the close of business on July 1, 2021.
- LD Holdings Group LLC, a subsidiary, simultaneously declared a cash dividend on its units.
- The filing provides no revenue, profit, cash flow, margin, debt, liquidity, or other operating metrics.
Changes, Outlook, and Risks
The filing does not describe changes versus a prior comparable period, provide management guidance or outlook, or identify new risks, contingencies, or unusual operating items. The filing text does not provide the aggregate dollar amount of the dividend or additional terms for the subsidiary unit dividend.
Important Facts to Verify
- Confirm the $0.08-per-share dividend amount and the distinction between Class A and Class D shares.
- Verify the July 1, 2021 record date and July 16, 2021 payment date.
- Review Exhibit 99.1 for any additional dividend terms or disclosures.
- Note that the Item 7.01 information and Exhibit 99.1 were furnished, not filed, under Section 18 of the Exchange Act.