Special dividend

Reliant Bancorp, Inc. Declares $0.09 Per Share Cash Dividend

Retrieved on: 
Thursday, March 28, 2019

Reliant Bancorp, Inc. (Reliant Bancorp) (Nasdaq: RBNC), the parent company for Reliant Bank, announced today that its Board of Directors declared a cash dividend of $0.09 per share.

Key Points: 
  • Reliant Bancorp, Inc. (Reliant Bancorp) (Nasdaq: RBNC), the parent company for Reliant Bank, announced today that its Board of Directors declared a cash dividend of $0.09 per share.
  • The $0.09 per share cash dividend is payable on April 18, 2019, to shareholders of record as of the close of business on April 8,2019.
  • This cash dividend represents a 12.5% increase in our cash dividend per share compared with the same quarterly dividend paid last year, stated DeVan D. Ard, Jr., Chairman, President and Chief Executive Officer.
  • Our Board of Directors remains focused on building long-term shareholder value, in part, through our cash dividend program.

Newmont Announces Conditional Special Dividend

Retrieved on: 
Monday, March 25, 2019

Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) today announced that its Board of Directors declared a one-time special dividend of $0.88 per share of common stock, conditional upon approval of the Goldcorp Inc. (NYSE: GG)(TSX: G) (Goldcorp) transaction.

Key Points: 
  • Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) today announced that its Board of Directors declared a one-time special dividend of $0.88 per share of common stock, conditional upon approval of the Goldcorp Inc. (NYSE: GG)(TSX: G) (Goldcorp) transaction.
  • The dividend will be paid to Newmont shareholders of record as of April 17, 2019 (the record date), which is prior to closing of the proposed Newmont Goldcorp combination.
  • Newmont also announced today that Mexicos Competition Commission approved the combination of Newmont and Goldcorp without conditions.
  • As required by the terms of the Newmont/Goldcorp Arrangement Agreement, Newmont sought and secured Goldcorps consent for the payment of this special dividend.

Apartment Investment and Management Company Announces Election Results for Special Dividend

Retrieved on: 
Friday, March 22, 2019

Apartment Investment and Management Company (Aimco) (NYSE: AIV) today announced the results of the stockholders elections relating to the special dividend of $2.02 per share of common stock announced on February 4, 2019, which is payable on March 22, 2019.

Key Points: 
  • Apartment Investment and Management Company (Aimco) (NYSE: AIV) today announced the results of the stockholders elections relating to the special dividend of $2.02 per share of common stock announced on February 4, 2019, which is payable on March 22, 2019.
  • Until March 8, 2019, stockholders of record as of February 22, 2019 could elect to receive payment of the special dividend in cash or in shares of common stock.
  • The aggregate amount payable in the special dividend consists of $67.1 million in cash and 4.5 million shares of common stock.
  • Aimco expects that the entire special dividend will be taxable as dividends to its stockholders, whether paid in common stock, cash or a combination of cash and common stock.

Cherry Hill Mortgage Investment Corporation Announces Fourth Quarter 2018 Results

Retrieved on: 
Monday, March 18, 2019

Net interest spread for the RMBS portfolio stood at 1.31% and the debt-to-equity ratio on the aggregate portfolio ended the quarter at 4.8x.

Key Points: 
  • Net interest spread for the RMBS portfolio stood at 1.31% and the debt-to-equity ratio on the aggregate portfolio ended the quarter at 4.8x.
  • As of December 31, 2018, Cherry Hills GAAP book value was $17.58 per diluted share, a decrease of 10.4%, net of the fourth quarter dividend and $0.15 special dividend, from book value per share of $19.62 as of September 30, 2018.
  • On December 13, 2018, the Board of Directors declared a quarterly dividend of $0.49 per share of common stock for the fourth quarter of 2018.
  • Additionally, the Board of Directors declared a dividend of $0.5125 per share on the Companys 8.20% Series A Cumulative Redeemable Preferred Stock for the fourth quarter of 2018.

International Bancshares Corporation Announces 19 Percent Increase in Cash Dividend

Retrieved on: 
Monday, March 18, 2019

International Bancshares Corporation (IBC) announced today that on March 15, 2019, IBCs Board of Directors approved the declaration of a 50 cents per share cash dividend, increasing the dividend by 8 cents or 19 percent from the previous cash dividend of 42 cents paid on October 16, 2018.

Key Points: 
  • International Bancshares Corporation (IBC) announced today that on March 15, 2019, IBCs Board of Directors approved the declaration of a 50 cents per share cash dividend, increasing the dividend by 8 cents or 19 percent from the previous cash dividend of 42 cents paid on October 16, 2018.
  • This significant increase follows a 27 percent increase in the cash dividend paid in October 2018 from the 33 cents per share paid in April 2018.
  • This cash dividend will be paid to shareholders of record of Common Stock, $1.00 par value, as of the close of business on April 1, 2019, payable on April 15, 2019.
  • This increase in the cash dividend was made possible because of our companys record earnings performance augmented by the benefits of the recent tax cut, and our companys very strong capital position, said Dennis E. Nixon, president and CEO of IBC Bank.

Apartment Investment and Management Company Announces Valuation of Special Dividend is $2.02 Per Share

Retrieved on: 
Wednesday, March 13, 2019

Apartment Investment and Management Company (Aimco) (NYSE: AIV) today announced that the value of its recently announced special dividend is $2.02 per share.

Key Points: 
  • Apartment Investment and Management Company (Aimco) (NYSE: AIV) today announced that the value of its recently announced special dividend is $2.02 per share.
  • The aggregate amount payable in the special dividend consists of $67.1 million in cash and 4.5 million shares of common stock.
  • Until March 8, 2019, stockholders could elect to receive the special dividend in cash or in shares of common stock.
  • As a result, a stockholder making a cash election (including a deemed cash election) will receive at least $0.39 of the special dividend in cash.

Mechanical Technology, Incorporated Announces Current Estimate of Tax Treatment and Information Regarding Ex-Dividend Date for Special Dividend

Retrieved on: 
Tuesday, March 12, 2019

The Dividend will be payable on March 20, 2019 (the "Payment Date") and the Company has obtained additional information regarding the applicable Ex-Dividend Date as described below.

Key Points: 
  • The Dividend will be payable on March 20, 2019 (the "Payment Date") and the Company has obtained additional information regarding the applicable Ex-Dividend Date as described below.
  • The tax treatment of the Dividend will be based on MTI's current and accumulated earnings and profits for MTI's fiscal year ending December 31, 2018.
  • Please note that the precise tax impact of the Dividend on specific shareholders depends upon a shareholder's individual tax situation.
  • Shareholders are strongly urged to consult their personal tax advisors to discuss the tax implications of this special Dividend.

Armanino Foods of Distinction, Inc. Raises Its Regular Quarterly Dividend by 11.1%

Retrieved on: 
Thursday, March 7, 2019

Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) today declared an increase in the regular quarterly dividend to $0.0250 per share.

Key Points: 
  • Armanino Foods of Distinction, Inc. (OTC Pink: AMNF) today declared an increase in the regular quarterly dividend to $0.0250 per share.
  • This new level is an increase of 11.1% from the prior regular quarterly dividend amount of $0.0225.
  • The dividend will be disbursed on or about April 26, 2019 to shareholders of record on April 1, 2019.
  • This dividend will be the Companys 75th consecutive regular quarterly dividend.

J.Jill, Inc. Announces $1.15 Per Share Special Dividend

Retrieved on: 
Wednesday, March 6, 2019

The aggregate payment will be approximately $50.0 million and will be funded through available cash on hand.

Key Points: 
  • The aggregate payment will be approximately $50.0 million and will be funded through available cash on hand.
  • Michael Rahamim, Chairman of the Board, stated, "Given our cash balance, we are pleased to be in a position to return value to our shareholders through the form of this special dividend.
  • Separately, this morning, the company issued its Fourth Quarter and Full Fiscal Year 2018 results.
  • Investors and analysts interested in participating in the call are invited to dial (844) 579-6824 or (763) 488-9145 if calling internationally.

Peoples LTD Declares First Quarter Dividend

Retrieved on: 
Wednesday, March 6, 2019

WYALUSING, Pa., March 6, 2019 /PRNewswire/ -- Peoples LTD (OTC: PPLL) --Anthony J. Gabello, President and Chief Executive Officer of Peoples LTD, has announced that the Board of Directors has declared a first quarter cash dividend in the amount of $0.53 per share payable on March 29, 2019.

Key Points: 
  • WYALUSING, Pa., March 6, 2019 /PRNewswire/ -- Peoples LTD (OTC: PPLL) --Anthony J. Gabello, President and Chief Executive Officer of Peoples LTD, has announced that the Board of Directors has declared a first quarter cash dividend in the amount of $0.53 per share payable on March 29, 2019.
  • The cash dividend represents a 13.50% increase over the cash dividend paid in the first quarter 2018 of $0.47 as adjusted for the 2018 year-end 5% stock dividend.
  • The declaration of dividend, made at the regular meeting of the Board of Directors on February 27, 2019, is payable to shareholders of record March 15, 2019.
  • Peoples LTD is the holding company for PS Bank.