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LogMeIn Announces Dividend Increase of 20%BOSTON, Feb. 01, 2018 (GLOBE NEWSWIRE) -- LogMeIn, Inc. (NASDAQ:LOGM), a leading provider of cloud-based connectivity, today announced that its Board of Directors has declared a 20% increase in its quarterly dividend, from $0.25 per share to $0.30 per share. “We believe returning capital to shareholders is an important component of LogMeIn’s unique SaaS profile. Based on our growth and expanded free cash flows, our Board has voted to increase our quarterly dividend by 20%,” said Bill Wagner, President & Chief Executive Officer of the Company. The next quarterly dividend is payable on February 28th, 2018 to shareholders of record as of February 12th, 2018 The Company currently has approximately 52.5 million shares of common stock outstanding. About LogMeIn, Inc. Contact Information: |