Dividends

AllianzGI Convertible & Income Fund Declares Monthly Dividend

Wednesday, April 1, 2020 - 9:05pm

The Board of Trustees of AllianzGI Convertible & Income Fund (NYSE: NCV) (the Fund) announced today that it has declared a dividend of $0.0425 per common share.

Key Points: 
  • The Board of Trustees of AllianzGI Convertible & Income Fund (NYSE: NCV) (the Fund) announced today that it has declared a dividend of $0.0425 per common share.
  • The distribution announced today reflects a reduction of $0.01 per common share from the amount of the Funds most recent monthly common share dividends.
  • The reduction takes into account many factors, including the Funds cost of leverage, current and expected earnings, and the overall market environment, among others.
  • AllianzGI U.S., an indirect, wholly-owned subsidiary of PFP Holdings, Inc., serves as the Funds investment manager and is a member of Munich-based Allianz Group.

Rand Capital Provides Key Dates Related to $1.62 per Share Special Dividend

Wednesday, April 1, 2020 - 7:39pm

The details and U.S. federal tax consequences of the special dividend will be described in the election form and accompanying materials that will be mailed to shareholders in connection with the special dividend promptly following the Record Date.

Key Points: 
  • The details and U.S. federal tax consequences of the special dividend will be described in the election form and accompanying materials that will be mailed to shareholders in connection with the special dividend promptly following the Record Date.
  • Rand Capital (Nasdaq: RAND) is an externally-managed Business Development Company (BDC) with a wholly-owned subsidiary licensed by the U.S. Small Business Administration (SBA) as a Small Business Investment Company (SBIC).
  • The Companys investment activities are managed by its external investment adviser, Rand Capital Management LLC.
  • Except as required by applicable law, Rand Capital assumes no obligation to update the forward-looking information contained in this release.

AllianzGI Convertible & Income Fund II Postpones Payment of Declared Common Share Dividend and Declaration of Next Monthly Dividend

Wednesday, April 1, 2020 - 2:25pm

The Board of Trustees of AllianzGI Convertible & Income Fund II (NYSE: NCZ) (the Fund) announced today that the Fund has postponed the payment of the previously declared (March 2, 2020) dividend on the Funds common shares scheduled for payment on April 1, 2020 and the declaration of the next dividend on the Funds common shares, which would have been paid on or around May 2020.

Key Points: 
  • The Board of Trustees of AllianzGI Convertible & Income Fund II (NYSE: NCZ) (the Fund) announced today that the Fund has postponed the payment of the previously declared (March 2, 2020) dividend on the Funds common shares scheduled for payment on April 1, 2020 and the declaration of the next dividend on the Funds common shares, which would have been paid on or around May 2020.
  • Accordingly, the declared dividend ($0.0450 per common share for NCZ) payable on April 1, 2020 to shareholders of record on March 12, 2020, with an ex-dividend date of March 11, 2020, will not be paid on April 1, 2020.
  • The Fund intends to resume paying and declaring dividends as soon as possible.
  • An announcement regarding actual dividend payment and declaration dates will be made at a future date.

MILLER/HOWARD HIGH INCOME EQUITY FUND DECLARES MONTHLY DISTRIBUTIONS

Wednesday, April 1, 2020 - 1:45pm

The Fund intends to pay monthly distributions to its shareholders.

Key Points: 
  • The Fund intends to pay monthly distributions to its shareholders.
  • The Funds distribution rate may be affected by numerous factors, including changes in realized and projected market returns, Fund performance and other factors.
  • The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
  • The emphasis is on high-quality stocks with high yield and strong dividend growth offering investors the opportunity for capital appreciation, current income, and growth of income.

Watsco Boosts Annual Dividends 11% to $7.10

Wednesday, April 1, 2020 - 12:30pm

The Company previously announced in February 2020 that its Board approved an 11% increase in its annual dividend rate to $7.10 per share following 2019s record operating cash flow.

Key Points: 
  • The Company previously announced in February 2020 that its Board approved an 11% increase in its annual dividend rate to $7.10 per share following 2019s record operating cash flow.
  • The Companys philosophy is to share increasing amounts of cash flow with shareholders through higher dividends while maintaining a conservative financial position.
  • Future dividends will be considered in light of investment opportunities, cash flow, general economic conditions and the Companys financial condition.
  • Watsco assumes no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information.

Nordea Bank Abp's Board of Directors proposes postponement of decision on dividend payment

Wednesday, April 1, 2020 - 7:00am

However, the Board of Directors acknowledges the uncertainty caused by COVID-19 and agrees with the need for action by all banks to support Europe's society and economy.

Key Points: 
  • However, the Board of Directors acknowledges the uncertainty caused by COVID-19 and agrees with the need for action by all banks to support Europe's society and economy.
  • Following the ECB recommendation, the Board of Directors therefore proposes postponement of the decision on dividend payment for the financial year 2019.
  • The Board of Directors intends to follow the recommendation adopted by the ECB and refrain from deciding on a dividend payment based on the authorisation before 1 October 2020.
  • Nordea will publish possible decisions on dividend payment separately, and simultaneously confirm the dividend record and payment dates.

Retail Holdings N.V. Distribution Payment

Tuesday, March 31, 2020 - 8:36pm

WILLEMSTAD, Curacao, March 31, 2020 /PRNewswire/ -- Retail Holdings N.V. (Symbol: RHDGF) -- Retail Holdings N.V. ("ReHo") issued today this explanation regarding the payment date of the previously announced $0.50 per Share distribution.

Key Points: 
  • WILLEMSTAD, Curacao, March 31, 2020 /PRNewswire/ -- Retail Holdings N.V. (Symbol: RHDGF) -- Retail Holdings N.V. ("ReHo") issued today this explanation regarding the payment date of the previously announced $0.50 per Share distribution.
  • The $0.50 per Share distribution represents approximately 30.5% of ReHo's closing stock price on March 30, 2020.
  • Pursuant to FINRA rules, when a distribution is declared in a per share amount that exceeds 25% of a company's stock price, the date on which that company's shares will begin to trade without the distribution, or ex-distribution, is the first business day following the payment date.
  • Shareholders who sell their Shares prior to the ex-distribution date, April 16, 2020, will not receive the $0.50 cash distribution.

Retractable Technologies, Inc. Declares Dividends to Series I and II Class B Convertible Preferred Stock Shareholders

Tuesday, March 31, 2020 - 6:41pm

Retractable Technologies, Inc. (NYSE American: RVP) announced today that its Board of Directors has declared dividends to holders of its Series I Class B and Series II Class B Convertible Preferred Stock in the amounts of $12,000.00 and $42,800.00, respectively.

Key Points: 
  • Retractable Technologies, Inc. (NYSE American: RVP) announced today that its Board of Directors has declared dividends to holders of its Series I Class B and Series II Class B Convertible Preferred Stock in the amounts of $12,000.00 and $42,800.00, respectively.
  • The dividend amount is $0.125 per share for Series I Class B shareholders and $0.25 per share for Series II Class B shareholders.
  • Dividends have accrued at 10% per annum and cover amounts in arrears from December 31, 2019 through date of conversion or March 31, 2020 whichever is applicable.
  • The dividends will be paid on April 20, 2020 to shareholders of record as of the close of business on April 10, 2020.

New Residential Investment Corp. Declares First Quarter 2020 Common and Preferred Stock Dividends and Announces Company Updates

Tuesday, March 31, 2020 - 1:00pm

New Residential Investment Corp. (NRZ, New Residential, the Company) announced today that its Board of Directors (the Board) has declared first quarter 2020 common and preferred stock dividends, and provided additional Company updates.

Key Points: 
  • New Residential Investment Corp. (NRZ, New Residential, the Company) announced today that its Board of Directors (the Board) has declared first quarter 2020 common and preferred stock dividends, and provided additional Company updates.
  • The Board declared a quarterly dividend of $0.05 per common share for the first quarter 2020.
  • The dividend is payable on May 15, 2020 to common shareholders of record on April 15, 2019.
  • Dividends for the Series A, Series B and Series C are payable on May 15, 2020 to preferred shareholders of record on April 15, 2020.

P&F Industries, Inc. Reports Results For The Year Ended December 31, 2019

Monday, March 30, 2020 - 1:00pm

At December 31, 2019, our cash balance was $380,000, compared to $999,000 at December 31, 2018.

Key Points: 
  • At December 31, 2019, our cash balance was $380,000, compared to $999,000 at December 31, 2018.
  • Capital spending during the year ended December 31, 2019 was $1,524,000, compared to $1,878,000 in 2018.
  • During 2019 our Board of Directors approved the payment of dividends of $0.05 per common share to the shareholders of record in March 2019, May 2019, August 2019, and November 2019.
  • The aggregate of such dividend payments was approximately $632,000 and $723,000 for the year ended December 31, 2019 and 2018, respectively.