Life insurance

Compass Diversified Declares First Quarter 2024 Distributions on Common and Series A, B and C Preferred Shares

Retrieved on: 
Thursday, April 4, 2024
Indian stock exchange, Sale, Capital gain, Life insurance

The Board also declared a quarterly cash distribution of $0.453125 per share on the Company’s 7.250% Series A Preferred Shares (the “Series A Preferred Shares”).

Key Points: 
  • The Board also declared a quarterly cash distribution of $0.453125 per share on the Company’s 7.250% Series A Preferred Shares (the “Series A Preferred Shares”).
  • The distribution on the Series A Preferred Shares covers the period from, and including, January 30, 2024, up to, but excluding, April 30, 2024.
  • The Board also declared a quarterly cash distribution of $0.4921875 per share on the Company’s 7.875% Series B Preferred Shares (the “Series B Preferred Shares”).
  • The Board also declared a quarterly cash distribution of $0.4921875 per share on the Company’s 7.875% Series C Preferred Shares (the “Series C Preferred Shares”).

Safe Bulkers, Inc. Declares Quarterly Dividend on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares

Retrieved on: 
Wednesday, April 3, 2024
Series, Venture round, Transport, Life insurance

MONACO, April 03, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company’s Board of Directors has declared:

Key Points: 
  • MONACO, April 03, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company’s Board of Directors has declared:
    a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (the “Series C Preferred Shares”) (NYSE: SB.PR.C) for the period from January 30, 2024 to April 29, 2024;
    a cash dividend of $0.50 per share on its 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (the “Series D Preferred Shares”) (NYSE: SB.PR.D) for the period from January 30, 2024 to April 29, 2024.
  • Each dividend will be paid on April 30, 2024 to all shareholders of record as of April 18, 2024 of the Series C Preferred Shares and of the Series D Preferred Shares, respectively.
  • The declaration and payment of future dividends, if any, will always be subject to the discretion of the Board of Directors of the Company.
  • There is no guarantee that the Company’s Board of Directors will determine to issue cash dividends in the future.

Fraser Institute News Release: Flat 8 per cent personal income tax would save Albertans $1,573 a year, on average

Retrieved on: 
Wednesday, April 3, 2024
Research, Bangladesh Technical Education Board, Fraser Institute, PIT, Public policy, Government, Work, Entrepreneurship, Life insurance

As recently as 2014, Alberta had a single 10 per cent personal and corporate income tax rate.

Key Points: 
  • As recently as 2014, Alberta had a single 10 per cent personal and corporate income tax rate.
  • As a result, it had the lowest top statutory combined federal and provincial/state personal income tax rate and business income tax rate in North America.
  • While the business tax rate has since been reduced to eight per cent, the personal income tax rate increases remain.
  • “Rolling back the 2015 personal income tax increases and implementing an eight per cent flat personal income tax rate would help restore Alberta’s tax competitiveness and keep more money in the pockets of Albertans,” Hill said.

PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share

Retrieved on: 
Tuesday, April 2, 2024
The Company, RIC, Documentation, Form 1099, Security (finance), Life insurance

MIAMI, April 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for April 2024 of $0.1025 per share, payable on May 1, 2024 to stockholders of record as of April 15, 2024.

Key Points: 
  • MIAMI, April 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for April 2024 of $0.1025 per share, payable on May 1, 2024 to stockholders of record as of April 15, 2024.
  • The distribution is expected to be paid from taxable net investment income.
  • The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.
  • The Company, which operates as a regulated investment company (“RIC”), generates qualified interest income and short-term capital gains that may be exempt from U.S. withholding tax when distributed to non-U.S. stockholders.

The Education Plan® is a Great Option to Invest Your Tax Refund

Retrieved on: 
Tuesday, April 2, 2024
College, Education, Student, Tax Day, CNBC, Life insurance

To date, the average federal tax refund for 2024 is approximately $3,145, according to CNBC .

Key Points: 
  • To date, the average federal tax refund for 2024 is approximately $3,145, according to CNBC .
  • For those looking to make a meaningful investment in their future, reserving some or all of the funding from their tax refund for a 529 education savings plan provides numerous benefits.
  • Investing in a 529 plan not only helps families prepare for future education expenses, but also offers significant tax benefits.
  • Additionally, funds invested in the plan grow tax-free, and funds withdrawn to cover qualified education expenses are tax-free.

INMD 2-WEEK DEADLINE ALERT: Hagens Berman, National Trial Attorneys, Encourages InMode Ltd. (INMD) Investors with $100K+ Losses to Contact Firm’s Attorneys Before Apr. 15th Deadline in Securities Class Action

Retrieved on: 
Tuesday, April 2, 2024
Injury, SAN, Hagens Berman, FDA, Person, Life insurance

SAN FRANCISCO, April 01, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges InMode Ltd. (NASDAQ: INMD) investors who purchased during the class period and suffered at least $100,000 in losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, April 01, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges InMode Ltd. (NASDAQ: INMD) investors who purchased during the class period and suffered at least $100,000 in losses to submit your losses now .
  • InMode Ltd. (NASDAQ: INMD) Securities Fraud Class Action:
    The complaint alleges that InMode repeatedly touted the demand for its devices and told investors that the devices were never sold at a discount.
  • InMode also assured investors that it had FDA clearance for the current treatments for which it offered its products and that no third-party claims had been brought against it.
  • The truth began to emerge on Feb. 17, 2023, after an investigative publication revealed that InMode customers were threatened with legal action after filing complaints about InMode’s devices and sales tactics.

The Bancorp (TBBK) Falls After Culper Accuses Company of Misrepresenting Quality of its Property Loans - Hagens Berman

Retrieved on: 
Monday, April 1, 2024
REBL, Bank holding company, SAN, Person, Hagens Berman, Life insurance

SAN FRANCISCO, April 01, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges The Bancorp, Inc. (NASDAQ: TBBK) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, April 01, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges The Bancorp, Inc. (NASDAQ: TBBK) investors who suffered substantial losses to submit your losses now .
  • Culper’s detailed allegations have led prominent investors’ rights law firm, Hagens Berman, to open an investigation into possible securities law violations.
  • Culper observed that the Texas complex is only 47% occupied, rendering agency refinancing a non-starter.
  • “We’re investigating whether TBBK may have misrepresented or concealed known risks in its real estate bridge loan portfolio,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

Mullen Files for Foreign Trade Zone Status in Tunica, Mississippi

Retrieved on: 
Monday, April 1, 2024
Mullen Technologies, EV, Commerce, Tax, Pressure, IBN, FTZ, Free-trade zone, Life insurance

BREA, Calif., April 01, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today the Company has filed for Foreign Trade Zone (“FTZ”) status with the U.S. Department of Commerce at its commercial vehicle manufacturing and assembly center located in Tunica, Mississippi. Mullen filed its application on March 25, 2024, and expects final determination within 30 to 90 days. 

Key Points: 
  • Mullen filed its application on March 25, 2024, and expects final determination within 30 to 90 days.
  • Upon approval as a designated FTZ site, Mullen would qualify for a variety of benefits including deferment of payments on duties owed related to import fees.
  • Upon approval, Mullen estimates that resulting deferred working capital on domestic sales could result in deferred capital outlays of $10 million for the remainder of FY 2024.
  • “Achieving FTZ approval status is an important strategic initiative to further strengthen Mullen’s supply chain management and deliver significant cash flow savings,” said David Michery, CEO and chairman of Mullen Automotive.

The Bancorp (TBBK) Falls After Culper Accuses Company of Misrepresenting Quality of its Property Loans - Hagens Berman

Retrieved on: 
Friday, March 29, 2024
REBL, Bank holding company, SAN, Person, Hagens Berman, Life insurance

SAN FRANCISCO, March 29, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges The Bancorp, Inc. (NASDAQ: TBBK) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, March 29, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges The Bancorp, Inc. (NASDAQ: TBBK) investors who suffered substantial losses to submit your losses now .
  • Culper’s detailed allegations have led prominent investors’ rights law firm, Hagens Berman, to open an investigation into possible securities law violations.
  • Culper observed that the Texas complex is only 47% occupied, rendering agency refinancing a non-starter.
  • “We’re investigating whether TBBK may have misrepresented or concealed known risks in its real estate bridge loan portfolio,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

Ninepoint Partners Announces Second Closing of Ninepoint 2024 Short Duration Flow-Through Limited Partnership

Retrieved on: 
Wednesday, March 27, 2024
CIBC, Geology, Partnership, Sale, Prospectus, Investment, Mining, Sprot, Unit, Life insurance

TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Ninepoint Partners LP (“Ninepoint”) is pleased to announce that the Ninepoint 2024 Short Duration Flow-Through Limited Partnership (the “Partnership”) has completed the second closing in connection with its offering of limited partnership units of the National Class and the Québec Class (together, the “Units”) pursuant to a prospectus dated January 30, 2024.

Key Points: 
  • TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Ninepoint Partners LP (“Ninepoint”) is pleased to announce that the Ninepoint 2024 Short Duration Flow-Through Limited Partnership (the “Partnership”) has completed the second closing in connection with its offering of limited partnership units of the National Class and the Québec Class (together, the “Units”) pursuant to a prospectus dated January 30, 2024.
  • The Partnership raised $6,135,050 on the sale of an additional 241,832 National Class Units and 3,570 Québec Class Units for aggregate gross proceeds of $25,650,075.
  • The Partnership will have a third and final closing in respect of the Units on or about April 25, 2024.
  • The Partnership intends to provide liquidity to limited partners through a roll-over to the Ninepoint Resource Fund Class on or before June 30, 2025 with such liquidity event not expected to occur before February 2025.