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Leucadia National (LUK) will raise its quarterly dividend to $0.10 per share.

The new dividend is payable on September 29, 2017 to record holders of Leucadia common shares on September 18, 2017. This reflects a 60 percent increase over Leucadia's historical rate of $0.0625 per Leucadia common share.

Leucadia National Corporation (Leucadia) is a diversified holding company. Investment banking firm Jefferies Group LLC is a wholly-owned subsidiary of Leucadia. Other financial businesses include HomeFed (real estate), FXCM (foreign exchange trading services), Berkadia and Foursight Capital. Other businesses and investments include National Beef (beef processing), Vitesse Energy, JETX Energy, Garcadia, Linkem (fixed wireless broadband services in Italy), Idaho Timber and Golden Queen (a gold and silver mine).