Dividend

Libro Credit Union announces record profits during online AGM

Monday, April 6, 2020 - 9:42pm

Ontario, April 06, 2020 (GLOBE NEWSWIRE) -- Libro Credit Union has announced another record-setting year.

Key Points: 
  • Ontario, April 06, 2020 (GLOBE NEWSWIRE) -- Libro Credit Union has announced another record-setting year.
  • Owners and staff joined its 2020 Annual General Meeting on Saturday, April 4, to hear leaders deliver the annual results for southwestern Ontarios largest credit union.
  • As a co-operative company owned by its shareholders, Libro redistributes profits to customers in the form of profit shares and investment share dividends.
  • Libro had a record year for profit sharing, we exceeded our overall growth target and ended 2019 stronger than it has ever been before.

CNH Industrial confirms Annual General Meeting and removes dividend proposal

Monday, April 6, 2020 - 9:30pm

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) confirms that its Annual General Meeting of shareholders (AGM) will be held on April 16, 2020 in Amsterdam, The Netherlands, as previously announced.

Key Points: 
  • CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) confirms that its Annual General Meeting of shareholders (AGM) will be held on April 16, 2020 in Amsterdam, The Netherlands, as previously announced.
  • CNH Industrial therefore reserves the right to amend the physical arrangements on the day of the AGM, including refusing entry to the meeting to comply with health and safety requirements.
  • Shareholders will, however, be able to follow the Annual General Meeting remotely.
  • Considering the challenges and the uncertainties associated with this situation,as a precautionary measure the Company has decided to remove itsdividendproposalfrom the agenda of the Annual General Meeting.

Gabelli Dividend & Income Trust Announces Partial Redemption of Its 5.875% Series A Cumulative Preferred Shares

Monday, April 6, 2020 - 9:15pm

The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV) (the Fund) authorized the redemption of one half (1,524,010 shares) of its outstanding 5.875% Series A Cumulative Preferred Shares (the Series A Preferred).

Key Points: 
  • The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV) (the Fund) authorized the redemption of one half (1,524,010 shares) of its outstanding 5.875% Series A Cumulative Preferred Shares (the Series A Preferred).
  • The shares will be redeemed at $25.1631944 per Series A Preferred (the Redemption Price), which consists of $25.00 per Series A Preferred (the Liquidation Preference) plus $0.1631944 per Series A Preferred representing accumulated and unpaid dividends and distributions to the redemption date of May 6, 2020 (the Redemption Date).
  • From and after the Redemption Date, the Series A Preferred Shares being redeemed will no longer be deemed outstanding, dividends will cease to accumulate and all the rights of the Series A Preferred shareholders with respect to the redeemed Series A Preferred Shares will cease, except the right to receive the Redemption Price, without interest.
  • Payment to DTC for the Series A Preferred Shares will be made by Computershare Trust Company, N.A., as paying agent for this redemption.

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Declares Monthly Distributions of $0.18 Per Share

Monday, April 6, 2020 - 9:30pm

The amounts and sources of distributions reported in the notice to shareholders are only estimates and are not being provided for tax reporting purposes.

Key Points: 
  • The amounts and sources of distributions reported in the notice to shareholders are only estimates and are not being provided for tax reporting purposes.
  • The Fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes.
  • A return of capital occurs when some or all of the money that shareholders invested in the Fund is paid back to them.
  • A return of capital does not necessarily reflect the Funds investment performance and should not be confused with yield or income.

Texas Mutual to Distribute $330 Million in Policyholder Dividends Two Months Early to Support Texas Businesses

Monday, April 6, 2020 - 5:13pm

AUSTIN, Texas, April 6, 2020 /PRNewswire/ --Texas Mutual Insurance Company, the state's leading workers' compensation provider, announced today that its board of directors voted unanimously to distribute $330 million in policyholder dividends to be paid out two months early.

Key Points: 
  • AUSTIN, Texas, April 6, 2020 /PRNewswire/ --Texas Mutual Insurance Company, the state's leading workers' compensation provider, announced today that its board of directors voted unanimously to distribute $330 million in policyholder dividends to be paid out two months early.
  • More than 57,000 Texas business owners, about 80% of Texas Mutual's customers, will receive dividends this year.
  • Texas Mutual paid its first dividend in 1999, and this year's payout brings the total to more than $3.1 billion delivered back to Texas businesses over the last 22 years.
  • Policyholders can earn dividends for keeping their employees safe on the job and by choosing Texas Mutual year after year.

A. H. Belo Corporation Provides Business Update in Response to COVID-19 Outbreak

Monday, April 6, 2020 - 5:15pm

Base compensation for all employees is being reduced between 3 percent and 17 percent.

Key Points: 
  • Base compensation for all employees is being reduced between 3 percent and 17 percent.
  • A. H. Belo Corporation is the leading local news and information publishing company in Texas.
  • Among other risks, there can be no guarantee that the Board will approve a quarterly dividend in future quarters.
  • A. H. Belo Corporation undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except as may be required by law.

EMCOR Group, Inc. Declares Regular Quarterly Dividend

Monday, April 6, 2020 - 4:11pm

EMCOR Group, Inc. (NYSE: EME) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.08 per common share.

Key Points: 
  • EMCOR Group, Inc. (NYSE: EME) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.08 per common share.
  • The dividend will be paid on April 30, 2020 to stockholders of record as of April 17, 2020.
  • EMCOR Group, Inc. is a Fortune 500 leader in mechanical and electrical construction services, industrial and energy infrastructure and building services.
  • This press release and other press releases may be viewed at the Companys Website at www.emcorgroup.com .

Federal Realty Investment Trust Issues Corporate Responsibility Report

Monday, April 6, 2020 - 1:30pm

ROCKVILLE, Md., April 6, 2020 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) announced today the release of its inaugural Corporate Responsibility Report providing a comprehensive overview of its environmental, social and governance ("ESG") approach.

Key Points: 
  • ROCKVILLE, Md., April 6, 2020 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) announced today the release of its inaugural Corporate Responsibility Report providing a comprehensive overview of its environmental, social and governance ("ESG") approach.
  • Federal Realty has increased its quarterly dividends to its shareholders for 52 consecutive years, the longest record in the REIT industry.
  • Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT.
  • For additional information about Federal Realty and its properties, visit www.FederalRealty.com .

First Republic Bank Declares Dividend on Series J Perpetual Preferred Stock for Second Quarter 2020

Monday, April 6, 2020 - 2:00pm

First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that it has declared a cash dividend of $11.75 per share on its Noncumulative Perpetual Series J Preferred Stock.

Key Points: 
  • First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that it has declared a cash dividend of $11.75 per share on its Noncumulative Perpetual Series J Preferred Stock.
  • This dividend equals $0.293750 per depositary share, each representing 1/40th interest in a share of Series J Preferred Stock, which is traded on the NYSE under the symbol FRCPrJ.
  • The Series J Preferred Stock dividend is payable on April 30, 2020 to shareholders of record as of April 16, 2020.
  • Founded in 1985, First Republic and its subsidiaries offer private banking, private business banking and private wealth management, including investment, trust and brokerage services.

Gladstone Investment Provides Update on Impact of Coronavirus

Monday, April 6, 2020 - 2:00pm

About Gladstone Investment Corporation: Gladstone Investment Corporation is a publicly traded business development company that seeks to make secured debt and equity investments in lower middle market businesses in the United States in connection with acquisitions, changes in control and recapitalizations.

Key Points: 
  • About Gladstone Investment Corporation: Gladstone Investment Corporation is a publicly traded business development company that seeks to make secured debt and equity investments in lower middle market businesses in the United States in connection with acquisitions, changes in control and recapitalizations.
  • For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstonecompanies.com .
  • The statements in this press release regarding the longer-term prospects of Gladstone Investment are "forward-looking statements."
  • Gladstone Investment undertakes no obligation to update or revise these forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.