Corporate taxation

Putnam Investments Announces Dividend Rates for Variable Trusts

Retrieved on: 
Tuesday, March 30, 2021
Banking, Professional services, Finance, Accounting, Corporate taxation, Depreciation, Security

As of March 26, 2021, the Putnam Variable Trust Income Fund had net realized and unrealized losses of $2.483 per share, of which $0.466 represents unrealized depreciation of portfolio securities.

Key Points: 

As of March 26, 2021, the Putnam Variable Trust Income Fund had net realized and unrealized losses of $2.483 per share, of which $0.466 represents unrealized depreciation of portfolio securities.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210330006047/en/

ASA Gold and Precious Metals Limited Announces Distribution Declaration and Results of Vote at Annual General Meeting

Retrieved on: 
Friday, March 19, 2021
Natural Resources, Other Natural Resources, Mining, Minerals, Corporate finance, Shareholders, Finance, Financial economics, Dividends, Taxation in Australia, Corporate taxation

ASA Gold and Precious Metals Limited (the Company) (NYSE: ASA) declared a distribution of $0.01 per common share of the Company.

Key Points: 
  • ASA Gold and Precious Metals Limited (the Company) (NYSE: ASA) declared a distribution of $0.01 per common share of the Company.
  • The distribution is payable on May 21, 2021 to shareholders of record as of the close of business on May 20, 2021.
  • Due to a continued low level of dividends received by the portfolio, this distribution will be paid from undistributed realized gains.
  • In addition, the Company announced that shareholders re-elected Anthony Artabane, William Donovan, Bruce Hansen and Mary Joan Hoene as directors of the Company at the annual general meeting of shareholders held on March 19, 2021.

Annaly Capital Management, Inc. Announces 1st Quarter 2021 Common Stock Dividend of $0.22 per Share

Retrieved on: 
Wednesday, March 17, 2021
Construction & Property, Professional services, REIT, Finance, NLY, Corporate finance, Finance, Real estate investment trust, Annaly Capital Management, Investment trust, Dividends, Money, Taxation in Australia, Corporate taxation

The Board of Directors of Annaly Capital Management, Inc. (NYSE: NLY) (Annaly or the Company) declared the first quarter 2021 common stock cash dividend of $0.22 per common share.

Key Points: 
  • The Board of Directors of Annaly Capital Management, Inc. (NYSE: NLY) (Annaly or the Company) declared the first quarter 2021 common stock cash dividend of $0.22 per common share.
  • This dividend is payable April 30, 2021, to common shareholders of record on March 31, 2021.
  • Annaly is a leading diversified capital manager that invests in and finances residential and commercial assets.
  • Annaly is internally managed and has elected to be taxed as a real estate investment trust, or REIT, for federal income tax purposes.

Everbridge Announces Closing of Offering of $375 Million Convertible Senior Notes

Retrieved on: 
Monday, March 15, 2021
Software, Technology, Data management, Security, Corporate taxation, NET

Everbridge estimates that the net proceeds from this offering will be approximately $364 million, after deducting fees and estimated expenses.

Key Points: 
  • Everbridge estimates that the net proceeds from this offering will be approximately $364 million, after deducting fees and estimated expenses.
  • Everbridge used approximately $35 million of the net proceeds from the offering of the Notes to pay the cost of certain capped call transactions entered into in connection with the pricing of the Notes and the exercise of the initial purchasers option to purchase additional Notes.
  • Everbridge also used approximately $59 million of the net proceeds from this offering and issued 1,288,994 shares to repurchase for cash $58.6 million aggregate principal amount of Everbridges existing 1.50% Convertible Senior Notes due 2022 through an individually privately negotiated transaction entered into concurrently with the offering of the Notes.
  • All Everbridge products are trademarks of Everbridge, Inc. in the USA and other countries.

CSI Declares $0.25 Per Share Cash Dividend

Retrieved on: 
Thursday, March 4, 2021
Finance, Data management, Professional services, Technology, Software, Dividends, Corporate finance, Finance, Financial economics, Stock market, Shareholders, Share repurchase, Stockholder of record, Corporate taxation, Taxation in Australia, Special dividend, Dividend future

Computer Services, Inc. (CSI) (OTCQX: CSVI) announced that its Board of Directors approved a quarterly cash dividend of $0.25 per share.

Key Points: 
  • Computer Services, Inc. (CSI) (OTCQX: CSVI) announced that its Board of Directors approved a quarterly cash dividend of $0.25 per share.
  • The dividend is payable on March 29, 2021, to shareholders of record as of the close of business on March 15, 2021.
  • This quarters dividend of $0.25 per share represents a 19.1% increase in the cash dividend paid compared with the same quarter of last year, and the increase is in addition to the $1.00 per share special cash dividend paid to CSI shareholders on December 30, 2020, stated Chairman and CEO Steven A. Powless.
  • This year marks CSIs 49th consecutive increase in our regular cash dividend, and our Board remains focused on building long-term shareholder value through our cash dividend and stock buyback programs.

‘New Normal’ Looms for Canadians with COVID-19 Deferral Programs Ending

Retrieved on: 
Thursday, March 4, 2021
Corporate taxation, Deferral, Mortgage loan, Mortgage

Deferral programs are ending and pockets of financial stress are starting to emerge for some consumers.

Key Points: 
  • Deferral programs are ending and pockets of financial stress are starting to emerge for some consumers.
  • More than three million Canadians took advantage of credit payment deferrals since the start of the pandemic and four out of five of these have now completely exited the use of deferral programs.
  • Payment deferrals have been instrumental in preventing consumers impacted by the pandemic from becoming delinquent on their debt obligations.
  • Quebec, for example, has shown early non-mortgage delinquency continue to fall despite consumers leaving deferral programs, whereas Alberta has the highest increase in consumers missing mortgage payments.

Fairfax Announces Quarterly Dividend on Series C, D, E, F, G, H, I, J, K and M Preferred Shares and Quarterly Dividend Rate for Series D, F, H and J Preferred Shares

Retrieved on: 
Monday, March 1, 2021
Finance, Financial markets, Corporate finance, Dividends, Taxation in Australia, Taxation in the United Kingdom, Shareholders, Corporate taxation, Tax withholding, Preferred stock, Dividend tax, Dividend imputation

Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.

Key Points: 
  • Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.
  • Fairfax has also determined the quarterly dividend rates in respect of the March 31, 2021 to June 29, 2021 dividend period for its floating rate preferred shares.
  • The rates, together with the dividends per share payable for such period (if and when declared), are set forth below:

DGAP-News: MediClin AG: MEDICLIN has achieved the revised targets for 2020

Retrieved on: 
Friday, February 26, 2021
Corporate taxation, Accounting, Depreciation, Corona, Economy

In the 2020 financial year, Group sales of MEDICLIN Aktiengesellschaft (MEDICLIN) of EUR 659.9 mill.

Key Points: 
  • In the 2020 financial year, Group sales of MEDICLIN Aktiengesellschaft (MEDICLIN) of EUR 659.9 mill.
  • In April 2020, the original forecast for the 2020 financial year had to be withdrawn due to the corona pandemic, MEDICLIN published an outlook for 2020 at the beginning of November 2020.
  • The effects of the corona pandemic left their mark on MEDICLIN's business development in 2020, despite the state protective shield and subsidies from the cost providers.
  • from a book value depreciation resulting from the sale of MediClin Krankenhaus am Crivitzer See GmbH, Crivitz, as of December 31, 2020.

Dynacor Declares March 2021 Monthly Dividend

Retrieved on: 
Friday, February 26, 2021
Dividends, Shareholders, Finance, Financial economics, Money, Corporate taxation, Taxation in Australia, Universal basic income, Ex-dividend date, Dividend tax

MONTREAL, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Corporation)announced its second monthly dividend.

Key Points: 
  • MONTREAL, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Corporation)announced its second monthly dividend.
  • The declaration of a dividend payment of C$0.005 per common share will be payable on March 17, 2021, to shareholders of record as of the close of business on March 8, 2021.
  • This dividend represents the twelfth dividend and second monthly payment made to shareholders.
  • The Corporations monthly dividend qualifies as an eligible dividend for Canadian income tax purposes.

Mogo Announces Closing of US$54 Million Registered Direct Offering Priced At-the-Market

Retrieved on: 
Wednesday, February 24, 2021
Software, Networks, Finance, Banking, Data management, Professional services, Technology, Mobile, Wireless, Initial public offering, Corporate taxation, NET, Prospectus

The aggregate gross proceeds to the Company were approximately US$54 million, and after deducting the placement agents fees and the estimated expenses of the Offering, the net proceeds from the Offering will be approximately US$49.7 million.

Key Points: 
  • The aggregate gross proceeds to the Company were approximately US$54 million, and after deducting the placement agents fees and the estimated expenses of the Offering, the net proceeds from the Offering will be approximately US$49.7 million.
  • H.C. Wainwright & Co. acted as the exclusive placement agent for the Offering, and Raymond James and Eight Capital acted as financial advisors to Mogo in connection with the Offering.
  • The termination of the ATM Agreement effectively ceased the US$50 million at-the-market offering (the ATM Offering) established by the Company under a prospectus supplement dated December 31, 2020.
  • The Company sold a total of 1,524,759 common shares under the ATM Offering, for total aggregate gross proceeds of approximately US$14.8 million and net proceeds of approximately US$14.4 million.