Royal Bank of Canada

Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
Friday, February 16, 2024

TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (The "Company") declares its monthly distribution of $0.13250 for each Class A share and $0.06667 for each Preferred share.

Key Points: 
  • TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (The "Company") declares its monthly distribution of $0.13250 for each Class A share and $0.06667 for each Preferred share.
  • As a result, Class A shareholders of record on February 29, 2024 will receive a dividend of $0.13250 per share based on the VWAP of $10.60 payable on March 8, 2024.
  • Since inception Class A shareholders have received a total of $21.70 per share and Preferred shareholders have received a total of $10.24 per share inclusive of this distribution, for a combined total of $31.94.
  • To generate additional returns above the dividend income earned on the portfolio, The Company engages in a selective covered call writing program.

Dividend 15 Split Corp. II Regular Monthly Dividend Declaration for Preferred Share

Retrieved on: 
Friday, February 16, 2024

TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. II ("Dividend 15 II") declares its regular monthly distribution of $0.04792 for each Preferred share.

Key Points: 
  • TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. II ("Dividend 15 II") declares its regular monthly distribution of $0.04792 for each Preferred share.
  • Distributions are payable March 8, 2024 to shareholders on record as at February 29, 2024.
  • Since inception Class A shareholders have received a total of $14.70 per share and Preferred shareholders have received a total of $9.29 per share inclusive of this distribution, for a combined total of $23.99.
  • Dividend 15 II invests in a high quality portfolio of leading Canadian dividend-yielding stocks as follows: Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, CI Financial Corp., BCE Inc., Manulife Financial, Enbridge, Sun Life Financial, TELUS Corporation, Thomson Reuters Corporation, TransAlta Corporation, TC Energy Corporation.

Dividend 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
Friday, February 16, 2024

TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. (The "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.04583 for each Preferred share ($0.550 annually).

Key Points: 
  • TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. (The "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.04583 for each Preferred share ($0.550 annually).
  • Distributions are payable March 8, 2024 to shareholders on record as at February 29, 2024.
  • Since inception Class A shareholders have received a total of $26.60 per share and Preferred shareholders have received a total of $10.58 per share inclusive of this distribution, for a combined total of $37.18.
  • Dividend 15 invests in a high quality portfolio of leading Canadian dividend-yielding stocks as follows: Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, CI Financial Corp., BCE Inc., Manulife Financial, Enbridge, Sun Life Financial, TELUS Corporation, Thomson Reuters Corporation, TransAlta Corporation, TC Energy Corporation.

Financial 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
Friday, February 16, 2024

TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annualized) and $0.07708 for each Preferred share ($0.925 annually).

Key Points: 
  • TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annualized) and $0.07708 for each Preferred share ($0.925 annually).
  • Distributions are payable March 8, 2024 to shareholders on record as at February 29, 2024.
  • Since inception Class A shareholders have received a total of $25.31 per share and Preferred shareholders have received a total of $11.35 per share inclusive of this distribution, for a combined total of $36.66.
  • Financial 15 invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

North American Financial 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
Friday, February 16, 2024

TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.11335 for each Class A share ($1.3602 annualized) and $0.07917 for each Preferred share ($0.950 annually).

Key Points: 
  • TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.11335 for each Class A share ($1.3602 annualized) and $0.07917 for each Preferred share ($0.950 annually).
  • Distributions are payable March 8, 2024 to shareholders on record as at February 29, 2024.
  • Since inception Class A shareholders have received a total of $16.16 per share and Preferred shareholders have received a total of $10.90 per share inclusive of this distribution, for a combined total of $27.06.
  • The Company invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

Piper Sandler Grows Equity Sales and Trading Team with Additions of Rich Steiner and Ashley Teti

Retrieved on: 
Wednesday, February 14, 2024

Piper Sandler Companies (NYSE: PIPR), is pleased to announce the hiring of Rich Steiner as managing director and head of global market structure and algorithmic trading strategies.

Key Points: 
  • Piper Sandler Companies (NYSE: PIPR), is pleased to announce the hiring of Rich Steiner as managing director and head of global market structure and algorithmic trading strategies.
  • In addition, Ashley Teti joins the firm as a director in equity algorithmic sales.
  • We are thrilled to welcome Rich and Ashley to Piper Sandler,” said Lance Lonergan , head of global equity execution at Piper Sandler.
  • Prior to joining Piper Sandler, Steiner worked for Royal Bank of Canada for 14 years in various equity roles.

Great Eagle Gold Corp. Welcomes Robert Seguin to Board of Directors and Gary Harbottle as Corporate Secretary

Retrieved on: 
Tuesday, February 13, 2024

Burnaby, British Columbia--(Newsfile Corp. - February 13, 2024) - Great Eagle Gold Corp. (CSE: GEGC) (FSE: GI8) is pleased to announce the appointments of Robert Seguin to its Board of Directors and Gary Harbottle as its Corporate Secretary.

Key Points: 
  • Burnaby, British Columbia--(Newsfile Corp. - February 13, 2024) - Great Eagle Gold Corp. (CSE: GEGC) (FSE: GI8) is pleased to announce the appointments of Robert Seguin to its Board of Directors and Gary Harbottle as its Corporate Secretary.
  • These appointments mark significant enhancements to Great Eagle's leadership team.
  • Robert Seguin has joined the Board as an independent director, bringing with him a profound institutional sales background garnered over more than 25 years of distinguished service.
  • Gary Harbottle brings over 30 years of extensive experience to his new role as Corporate Secretary at Great Eagle Gold Corp. During his tenure from 1987 to 2001, he held various key positions within Seabridge Gold Inc. (NYSE: SA), the original green gold pioneer, and its predecessor companies, including significant roles in Corporate Secretary and Chief Financial Officer.

Andrew Peller Limited Announces Five New Directors and Provides Update on Leadership Continuity and Transition Plan

Retrieved on: 
Friday, February 9, 2024

John Peller and A. Angus Peller will continue to serve as directors to ensure continuity for a transition period of 12 months.

Key Points: 
  • John Peller and A. Angus Peller will continue to serve as directors to ensure continuity for a transition period of 12 months.
  • As previously announced, John Peller will be retiring as President and Chief Executive Officer of the Company within the next year upon the appointment of his successor.
  • For almost 30 years, John Peller has led APL as Chief Executive Officer and has been the driving force behind the Company’s growth and success.
  • Mr. Westlake has also served as Chair of the Canadian Chamber of Commerce and Chair of the Canadian Bankers Association.

The Standard Hires Michael Teigland as National Accounts Sales Director for Retirement Plans

Retrieved on: 
Tuesday, January 30, 2024

The Standard recently hired Michael Teigland as national accounts sales director for Retirement Plans.

Key Points: 
  • The Standard recently hired Michael Teigland as national accounts sales director for Retirement Plans.
  • With the significant increase in demand for innovative solutions including pooled employer plans and managed accounts, Teiglandl’s role enhances our delivery of strategies and tools for advisory firms.
  • View the full release here: https://www.businesswire.com/news/home/20240130688310/en/
    Michael Teigland, national accounts sales director for Retirement Plans at The Standard.
  • “Michael is an experienced leader with an impressive track record of assisting advisor partners through business plan development and relationship management,” said Patrick Bushlack, director of business development in Retirement Plans at The Standard.

Office Properties Income Trust Announces $425 Million Amended and Restated Secured Credit Facilities

Retrieved on: 
Monday, January 29, 2024

Office Properties Income Trust (Nasdaq: OPI) today announced that it has entered into a second amended and restated secured credit agreement that governs its new $325 million secured revolving credit facility and $100 million secured term loan, or the Facilities.

Key Points: 
  • Office Properties Income Trust (Nasdaq: OPI) today announced that it has entered into a second amended and restated secured credit agreement that governs its new $325 million secured revolving credit facility and $100 million secured term loan, or the Facilities.
  • OPI has a one-year extension option for the $325 million secured revolving credit facility, subject to the payment of an extension fee and satisfaction of certain other customary conditions.
  • The Facilities are secured by 19 office properties with a gross carrying value of $942 million.
  • The Facilities replace OPI’s previous $750 million unsecured revolving credit facility that was scheduled to mature on January 31, 2024.