Furthermore, Loral operates in an industry sector where securities values may be volatile and may be influenced by economic and other factors beyond Loral's control. The dividend will be payable on May 28, 2020, to stockholders of record on May 14, 2020, with an ex-dividend date of May 29, 2020. NEW YORK, April 30, 2020 /PRNewswire/ -- Loral Space & Communications Inc. (NASDAQ: LORL) today announced that its Board of Directors has declared a special dividend … This document contains forward-looking statements within the meaning of the U.S. Registration on or use of this site constitutes acceptance of our Commenting on declaration of this special dividend, Notwithstanding the advanced state of the discussions regarding the potential combination transaction, there can be no assurance as to whether or when Loral will be able to conclude the ongoing negotiations, that Loral will enter into any agreement that provides for a strategic transaction involving Telesat or Loral's interest therein, that any strategic transaction will occur, or that any particular economic, tax, structural or other objectives or benefits with respect to any strategic transaction will be achieved. Loral Space & Communications (NASDAQ: LORL) declared a special dividend of $5.50 per share. In addition, Loral Space & Communications Inc. or its representatives have made or may make forward-looking statements, orally or in writing, which may be included in, but are not limited to, various filings made from time to time with the Securities and Exchange Commission, and press releases or oral statements made with the approval of an authorized executive officer of the company. Actual results may differ materially from anticipated results as a result of certain risks and uncertainties which are described as "Risk Factors" in the current Form 10-K and in Loral's quarterly reports on Form 10-Q. Private Securities Litigation Reform Act of 1995. Furthermore, Loral operates in an industry sector where securities values may be volatile and may be influenced by economic and other factors beyond Loral's control. Dividend Payable May 28, 2020 to Stockholders of Record as of May 14, 2020Commenting on declaration of this special dividend, Notwithstanding the advanced state of the discussions regarding the potential combination transaction, there can be no assurance as to whether or when Loral will be able to conclude the ongoing negotiations, that Loral will enter into any agreement that provides for a strategic transaction involving Telesat or Loral's interest therein, that any strategic transaction will occur, or that any particular economic, tax, structural or other objectives or benefits with respect to any strategic transaction will be achieved. When used in this press release, the words "believes," "expects," "plans," "may," "will," "would," "could," "should," "anticipates," "estimates," "project," "intend" or "outlook" or other variations of these words or other similar expressions are intended to identify forward-looking statements and information. NEW YORK, April 30, 2020 /PRNewswire/ -- Loral Space & Communications Inc. (NASDAQ: LORL) today announced that its Board of Directors has declared a special dividend of $5.50 per share for an aggregate dividend of approximately $170.5 million.The dividend is payable on May 28, 2020 to holders of record of Loral voting and non-voting common stock as of the close of business on May 14, 2020. Loral Space & Communications (LORL) has recently announced that it plans to give investors a special dividend of $5.50 per share allowing it to skyrocket 10%. The foregoing list of important factors is not exclusive. When used in this press release, the words "believes," "expects," "plans," "may," "will," "would," "could," "should," "anticipates," "estimates," "project," "intend" or "outlook" or other variations of these words or other similar expressions are intended to identify forward-looking statements and information. The reader is specifically referred to these documents, as well as the Company's other filings with the Securities and Exchange Commission.Risks and uncertainties include but are not limited to (1) risks associated with financial factors, including swings in the global financial markets, increases in interest rates and access to capital; (2) risks associated with satellite services, including dependence on large customers, launch delays and failures, in-orbit failures and competition; (3) regulatory risks, such as the effect of industry and government regulations that affect Telesat; and (4) other risks, including risks relating to and resulting from the Covid-19 pandemic. Stock analysis for Loral Space & Communications Inc (LORL:NASDAQ GS) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Moreover, there can be no assurance as to the amount and timing of any future distribution, and such distribution may be impacted by the outcome of our discussions regarding, and the structure of, the strategic combination transaction that we are pursuing. The foregoing list of important factors is not exclusive. Actual results may differ materially from anticipated results as a result of certain risks and uncertainties which are described as "Risk Factors" in the current Form 10-K and in Loral's quarterly reports on Form 10-Q. Private Securities Litigation Reform Act of 1995.