Taxation in Australia

White River Bancshares Co. Announces Annual Cash Dividend of $0.50 Per Share

Retrieved on: 
Tuesday, July 20, 2021

FAYETTEVILLE, Ark., July 20, 2021 (GLOBE NEWSWIRE) -- White River Bancshares Company (OTCQX: WRIV), (the “Company”) the holding company for Signature Bank of Arkansas (the “Bank”), today announced its Board of Directors declared an annual cash dividend of $0.50 per share. The dividend is payable on August 31, 2021 to shareholders of record at the close of business on August 13, 2021.

Key Points: 
  • FAYETTEVILLE, Ark., July 20, 2021 (GLOBE NEWSWIRE) -- White River Bancshares Company (OTCQX: WRIV), (the Company) the holding company for Signature Bank of Arkansas (the Bank), today announced its Board of Directors declared an annual cash dividend of $0.50 per share.
  • With the improved operating performance of the Company, the Board of Directors has decided to initiate an annual cash dividend payment to shareholders, said Greg W. Lee, Chairman of the Board.
  • This dividend is a testament to the strength of our core banking activities and financial performance of our franchise.
  • White River Bancshares Company is the single bank holding company for Signature Bank of Arkansas.

Dividend Select 15 Corp. Declares Monthly Dividend

Retrieved on: 
Tuesday, July 20, 2021

TORONTO, July 20, 2021 (GLOBE NEWSWIRE) -- Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.06783 per Equity share.

Key Points: 
  • TORONTO, July 20, 2021 (GLOBE NEWSWIRE) -- Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.06783 per Equity share.
  • The distribution is payable August 10, 2021 to shareholders on record as of July 30, 2021.
  • As a result, Equity shareholders of record on July 30, 2021 will receive a dividend of $0.06783 per share based on the VWAP of $8.14 payable on August 10, 2021.
  • The Company invests in a portfolio of 15 Canadian companies selected from the following 20 company universe which are among the highest Canadian dividend yielding stocks.

Global Partners Announces Cash Distributions on Series A and B Preferred Units

Retrieved on: 
Monday, July 19, 2021

The Board also declared a cash distribution of $0.59375 per unit ($2.375 per unit on an annualized basis) on the Partnerships Series B preferred units for the period from May 15, 2021 through August 14, 2021.

Key Points: 
  • The Board also declared a cash distribution of $0.59375 per unit ($2.375 per unit on an annualized basis) on the Partnerships Series B preferred units for the period from May 15, 2021 through August 14, 2021.
  • This distribution will be payable on August 16, 2021 to holders of record as of the opening of business on August 2, 2021.
  • Accordingly, GLPs distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.
  • With approximately 1,550 locations primarily in the Northeast, Global Partners is one of the regions largest independent owners, suppliers and operators of gasoline stations and convenience stores.

Sierra Bancorp Declares Quarterly Cash Dividend

Retrieved on: 
Friday, July 16, 2021

Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.22 per share.

Key Points: 
  • Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.22 per share.
  • Counting dividends paid by Bank of the Sierra prior to the formation of Sierra Bancorp the Company has paid regular cash dividends to shareholders every year since 1987, comprised of annual dividends through 1998 and quarterly dividends thereafter.
  • The dividend noted in todays announcement marks the Companys 90th consecutive quarterly cash dividend.
  • Sierra Bancorp is the holding company for Bank of the Sierra ( www.bankofthesierra.com ), which is in its 44th year of operations and is the largest independent bank headquartered in the South San Joaquin Valley.

Canadian General Investments, Limited Declares Dividend on Common Shares

Retrieved on: 
Thursday, July 15, 2021

TORONTO, July 15, 2021 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited(TSX: CGI) (TSX: CGI.PR.D) (LSE: CGI) (CGI or the Company) has declared a quarterly dividend of $0.22 per share payable on September 15, 2021 to common shareholders of record at the close of business on August 31, 2021 (the Dividend).

Key Points: 
  • TORONTO, July 15, 2021 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited(TSX: CGI) (TSX: CGI.PR.D) (LSE: CGI) (CGI or the Company) has declared a quarterly dividend of $0.22 per share payable on September 15, 2021 to common shareholders of record at the close of business on August 31, 2021 (the Dividend).
  • The Dividend is a capital gains dividend for purposes of the Income Tax Act (Canada).
  • Since CGI qualifies as an investment corporation for Canadian income tax purposes, the payment of capital gains dividends allows the Company to recover taxes paid, or payable, on realized capital gains.
  • Non-residents of Canada will not be subject to Canadian withholding tax on the Dividend.

First Trust Energy Income and Growth Fund Declares its Quarterly Distribution of $0.30 Per Share

Retrieved on: 
Monday, July 12, 2021

First Trust Energy Income and Growth Fund (the "Fund") (NYSE American: FEN) has declared the Fund's regularly scheduled quarterly distribution of $0.30 per share.

Key Points: 
  • First Trust Energy Income and Growth Fund (the "Fund") (NYSE American: FEN) has declared the Fund's regularly scheduled quarterly distribution of $0.30 per share.
  • The distribution will be payable on July 30, 2021, to shareholders of record as of July 23, 2021.
  • The Fund focuses on investing in MLPs and related public entities in the energy sector which the Fund's investment sub-advisor believes offer opportunities for income and growth.
  • The Fund is treated as a regular corporation, or a "C" corporation, for United States federal income tax purposes and, as a result, is subject to corporate income tax to the extent the Fund recognizes taxable income.

CSI Increases Cash Dividend For 50th Consecutive Year

Retrieved on: 
Monday, July 12, 2021

Computer Services, Inc. (CSI) (OTCQX: CSVI) announced that its Board of Directors approved an increase in the quarterly cash dividend, marking the 50th consecutive year of increased cash dividends.

Key Points: 
  • Computer Services, Inc. (CSI) (OTCQX: CSVI) announced that its Board of Directors approved an increase in the quarterly cash dividend, marking the 50th consecutive year of increased cash dividends.
  • We are pleased to announce our 50th consecutive year of increased cash dividends paid to shareholders, stated Executive Chairman Steven A. Powless.
  • CSI is one of the few public companies that has increased its cash dividend annually for half a century.
  • CSI reported its 21st consecutive year of increased revenues and 24th consecutive year of increased net income in fiscal 2021.

Olympia Financial Group Inc. Announces July Dividend

Retrieved on: 
Wednesday, July 7, 2021

Olympia Financial Group Inc. (TSX: OLY) announces that its Board of Directors has declared a monthly cash dividend on its common shares of $0.23 per common share.

Key Points: 
  • Olympia Financial Group Inc. (TSX: OLY) announces that its Board of Directors has declared a monthly cash dividend on its common shares of $0.23 per common share.
  • The dividend will be payable on July 30, 2021 to shareholders on record as at July 21, 2021.
  • Olympia Financial Group Inc. designates the entire amount of this taxable dividend to be an eligible dividend for purposes of the Income Tax Act (Canada), as amended from time to time.
  • About Olympia Financial Group Inc.
    Olympia Financial Group Inc. (OFGI) conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company.

Atrium Mortgage Investment Corporation Announces July 2021 Dividend

Retrieved on: 
Tuesday, July 6, 2021

Toronto, Ontario--(Newsfile Corp. - July 6, 2021) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of July 2021 of $0.075 per common share, to be paid August 12, 2021 to shareholders of record July 30, 2021.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - July 6, 2021) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of July 2021 of $0.075 per common share, to be paid August 12, 2021 to shareholders of record July 30, 2021.
  • Shareholders are reminded that Atrium offers a dividend reinvestment plan (DRIP) that allows them to automatically reinvest their dividends in new shares of Atrium at a 2% discount from market price and with no commissions.
  • This provides shareholders with an easy way to realize the benefits of compound growth of their investment in Atrium.
  • Atrium is a Mortgage Investment Corporation (MIC) as defined in the Canada Income Tax Act, so is not taxed on income provided that its taxable income is paid to its shareholders in the form of dividends within 90 days after December 31 each year.

U.S Dividend Reclassification Report 2021: Access Highest Quality Distribution Data, Detailing Specific Income Classifications Critical for Federal Income Tax Reporting Purposes - ResearchAndMarkets.com

Retrieved on: 
Friday, July 2, 2021

The "U.S Dividend Reclassification" database has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "U.S Dividend Reclassification" database has been added to ResearchAndMarkets.com's offering.
  • Access highest quality distribution data, detailing specific income classifications critical for federal income tax reporting purposes.
  • The files also contain the specific income classifications needed for accurate and timely income tax reporting for each dividend payable on the security.
  • NRA Exempt Income Dividend - Amount per share, exempted from additional withholding taxes on dividend/interest income, applicable to foreign entities (individuals, partnerships, corporations, estates, and trusts) from sources within the U.S., such as mutual funds.