Dividend

Old Dominion Freight Line Announces $0.17 Per Share Quarterly Cash Dividend

Retrieved on: 
Thursday, October 17, 2019

Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.17 per share of common stock, payable on December 18, 2019, to shareholders of record at the close of business on December 4, 2019.

Key Points: 
  • Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.17 per share of common stock, payable on December 18, 2019, to shareholders of record at the close of business on December 4, 2019.
  • Forward-looking statements in this news release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
  • Our forward-looking statements are based upon our beliefs and assumptions using information available at the time the statements are made.
  • Old Dominion Freight Line, Inc. is a leading, less-than-truckload (LTL), union-free motor carrier providing regional, inter-regional and national LTL services through a single integrated organization.

The Gabelli Convertible and Income Securities Fund Inc. to Redeem Its Outstanding 6.00% Series B Cumulative Preferred Stock

Retrieved on: 
Thursday, October 17, 2019

The Board of Directors of The Gabelli Convertible and Income Securities Fund Inc. (NYSE:GCV) (the Fund) authorized the redemption of all remaining outstanding shares of Series B Cumulative Preferred Stock (the Series B Preferred).

Key Points: 
  • The Board of Directors of The Gabelli Convertible and Income Securities Fund Inc. (NYSE:GCV) (the Fund) authorized the redemption of all remaining outstanding shares of Series B Cumulative Preferred Stock (the Series B Preferred).
  • The redemption date is November 18, 2019 (the Redemption Date), and the redemption price is $25.2167 per Series B Preferred, which is equal to the liquidation preference of $25.00 per Series B Preferred plus accumulated and unpaid dividends and distributions through the redemption date.
  • As of the Redemption Date, the Series B Preferred will no longer be deemed outstanding, dividends will cease to accumulate and all the rights of the Series B Preferred shareholders with respect to the Series B Preferred will cease, except the right to receive the redemption price.
  • The redemption of the Series B Preferred is being funded with a portion of the proceeds from the Funds issuance of $35 million in Series E 4.00% Cumulative Preferred Stock that closed on October 16, 2019.

Donegal Group Inc. Announces Quarterly Dividend

Retrieved on: 
Thursday, October 17, 2019

MARIETTA, Pa., Oct. 17, 2019 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ: DGICA) and (NASDAQ:DGICB) today reported that its board of directors declared a regular quarterly cash dividend of $.145 per share of the Companys Class A common stock and $.1275 per share of the Companys Class B common stock.

Key Points: 
  • MARIETTA, Pa., Oct. 17, 2019 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ: DGICA) and (NASDAQ:DGICB) today reported that its board of directors declared a regular quarterly cash dividend of $.145 per share of the Companys Class A common stock and $.1275 per share of the Companys Class B common stock.
  • Donegal Group Inc. is an insurance holding company whose insurance subsidiaries offer personal and commercial property and casualty lines of insurance in 20 Mid-Atlantic, Midwestern, New England and Southern states.
  • Donegal Mutual Insurance Company and the insurance subsidiaries of Donegal Group Inc. conduct business together as the Donegal Insurance Group.
  • The Donegal Insurance Group has an A.M. Best rating of A (Excellent).

Coca-Cola Board of Directors Elects Company Officer and Declares Regular Quarterly Dividend

Retrieved on: 
Thursday, October 17, 2019

The Board of Directors of The Coca-Cola Company today announced the election of one new officer, along with declaring the companys regular quarterly dividend.

Key Points: 
  • The Board of Directors of The Coca-Cola Company today announced the election of one new officer, along with declaring the companys regular quarterly dividend.
  • Gilles Leclerc, who became president of The McDonald's Division of The Coca-Cola Company on Jan. 7, has been elected by the board as a vice president.
  • The board also declared a regular quarterly dividend of 40 cents per common share.
  • Earlier this year, the board approved the companys 57th consecutive annual dividend increase, raising the quarterly dividend from 39 cents to 40 cents per common share.

NRG Energy, Inc. Announces Quarterly Dividend

Retrieved on: 
Thursday, October 17, 2019

NRG Energy, Inc. (NYSE:NRG) today announced that its Board of Directors declared a quarterly dividend on the Companys common stock of $0.03 per share, or $0.12 per share on an annualized basis.

Key Points: 
  • NRG Energy, Inc. (NYSE:NRG) today announced that its Board of Directors declared a quarterly dividend on the Companys common stock of $0.03 per share, or $0.12 per share on an annualized basis.
  • The dividend is payable on November 15, 2019 to stockholders of record as of November 1, 2019.
  • At NRG, were bringing the power of energy to people and organizations by putting customers at the center of everything we do.
  • Connect with NRG on Facebook, LinkedIn and follow us on Twitter @nrgenergy, @nrginsight.

Office Properties Income Trust Announces Quarterly Dividend on Common Shares

Retrieved on: 
Thursday, October 17, 2019

Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares of $0.55 per common share ($2.20 per share per year).

Key Points: 
  • Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares of $0.55 per common share ($2.20 per share per year).
  • Office Properties Income Trust is a real estate investment trust, or REIT, focused on owning, operating and leasing buildings primarily leased to single tenants and those with high credit quality characteristics like government entities.
  • For example, this press release states that OPIs dividend rate will be $0.55/share per quarter or $2.20/share per year.
  • A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.

Industrial Logistics Properties Trust Announces Quarterly Dividend on Common Shares

Retrieved on: 
Thursday, October 17, 2019

Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced a regular quarterly cash distribution on its common shares of $0.33 per common share ($1.32 per share per year).

Key Points: 
  • Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced a regular quarterly cash distribution on its common shares of $0.33 per common share ($1.32 per share per year).
  • Industrial Logistics Properties Trust is a real estate investment trust, or REIT, that owns and leases industrial and logistics properties throughout the United States.
  • For example, this press release states that ILPTs dividend rate will be $0.33/share per quarter or $1.32/share per year.
  • A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.

The RMR Group Inc. Raises Quarterly Dividend on Common Shares to $0.38, or $1.52 Per Year

Retrieved on: 
Thursday, October 17, 2019

The RMR Group Inc. is a holding company, and substantially all of its business is conducted by its majority-owned subsidiary, The RMR Group LLC.

Key Points: 
  • The RMR Group Inc. is a holding company, and substantially all of its business is conducted by its majority-owned subsidiary, The RMR Group LLC.
  • The RMR Group LLC is an alternative asset management company that primarily provides management services to publicly traded REITs and real estate operating companies.
  • For example, this press release states that RMRs quarterly dividend will be $0.38 per share ($1.52/share per year) on RMR Class A Common Stock and Class B-1 Common Stock.
  • A possible implication of this statement is that RMR will continuously pay quarterly dividends of $0.38/share per quarter or $1.52/share per year in the future.

Senior Housing Properties Trust Announces Quarterly Dividend on Common Shares

Retrieved on: 
Thursday, October 17, 2019

Senior Housing Properties Trust (Nasdaq: SNH) today announced a regular quarterly cash distribution on its common shares of $0.15 per common share ($0.60 per share per year).

Key Points: 
  • Senior Housing Properties Trust (Nasdaq: SNH) today announced a regular quarterly cash distribution on its common shares of $0.15 per common share ($0.60 per share per year).
  • This quarterly dividend will be paid to common shareholders of record as of the close of business on October 28, 2019 and distributed on or about November 14, 2019.
  • Senior Housing Properties Trust is a Real Estate Investment Trust, or REIT, which owns medical office and life science properties, senior living communities and wellness centers throughout the United States.
  • A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.

Service Properties Trust Announces Quarterly Dividend on Common Shares

Retrieved on: 
Thursday, October 17, 2019

Service Properties Trust (Nasdaq: SVC) today announced a regular quarterly cash distribution on its common shares of $0.54 per common share ($2.16 per share per year).

Key Points: 
  • Service Properties Trust (Nasdaq: SVC) today announced a regular quarterly cash distribution on its common shares of $0.54 per common share ($2.16 per share per year).
  • Service Properties Trust is a real estate investment trust, or REIT, which owns a diverse portfolio of hotels and net lease service and necessity-based retail properties across the United States and in Puerto Rico and Canada with 185 distinct brands across 24 industries.
  • For example, this press release states that SVCs dividend rate will be $0.54/share per quarter or $2.16/share per year.
  • A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.