Split share corporation

Global Dividend Growth Split Corp. Announces Successful Overnight Offering

Tuesday, June 15, 2021 - 6:39pm

TORONTO, June 15, 2021 (GLOBE NEWSWIRE) -- (TSX: GDV, GDV.PR.A) Global Dividend Growth Split Corp. (the Company) is pleased to announce a successful overnight treasury offering of class A shares and preferred shares (the Class A Shares and Preferred Shares, respectively).

Key Points: 
  • TORONTO, June 15, 2021 (GLOBE NEWSWIRE) -- (TSX: GDV, GDV.PR.A) Global Dividend Growth Split Corp. (the Company) is pleased to announce a successful overnight treasury offering of class A shares and preferred shares (the Class A Shares and Preferred Shares, respectively).
  • The offering is expected to close on or about June 22, 2021 and is subject to certain closing conditions.
  • The Company invests in a diversified portfolio (the Portfolio) of equity securities of large capitalization global dividend growth companies selected by the Brompton Funds Limited (the Manager).
  • Global Dividend Growth Split Corp.

Fifth Third Bancorp Announces Cash Dividends

Tuesday, June 15, 2021 - 2:10pm

Today Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series H preferred shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series L preferred shares, and Class B Series A preferred shares.

Key Points: 
  • Today Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series H preferred shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series L preferred shares, and Class B Series A preferred shares.
  • Fifth Third Bancorp (Nasdaq: FITB) today declared a cash dividend on its common shares of $0.27 per share for the second quarter of 2021.
  • Fifth Third also declared a cash dividend on its 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series I (Nasdaq: FITBI), at the rate of $414.06 per preferred share, which equates to approximately $0.41406 for each depositary share.
  • Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio, and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution.

RUBIS: Option for the payment of the 2020 dividend in shares

Thursday, June 10, 2021 - 5:04pm

Each shareholder holding ordinary shares have an option of payment in cash or in new Company shares.

Key Points: 
  • Each shareholder holding ordinary shares have an option of payment in cash or in new Company shares.
  • The shareholders holding preferred shares will be paid in cash without the possibility of opting for payment in shares.
  • The shares issued as payment of the dividend will carry full rights from January 1, 2021 and will be fully fungible with existing shares.
  • Payment of the cash dividend will take place on July 8, 2021, as will the issue of shares corresponding to the payment of the dividend in shares.

Philips announces exchange ratio for 2020 dividend

Tuesday, June 8, 2021 - 10:00am

Amsterdam, the Netherlands Royal Philips (NYSE: PHG; AEX: PHIA) today announced that the exchange ratio for the dividend in shares for the year 2020 has been determined.

Key Points: 
  • Amsterdam, the Netherlands Royal Philips (NYSE: PHG; AEX: PHIA) today announced that the exchange ratio for the dividend in shares for the year 2020 has been determined.
  • The exchange ratio is 1 new common share for every 53.9278 existing common shares.
  • Both the dividend in cash and the dividend in shares will be made payable to shareholders from June 9, 2021.
  • Upon payment of the dividend, the total issued share capital will amount to EUR 183,479,793.80, representing 917,398,969 common shares.

Shaw to Redeem Cumulative Redeemable Rate Reset Class 2 Preferred Shares, Series A, and Cumulative Redeemable Floating Rate Class 2 Preferred Shares, Series B

Friday, May 28, 2021 - 1:00pm

The aggregate Redemption Price payable by Shaw to redeem the Preferred Shares will be $300 million.

Key Points: 
  • The aggregate Redemption Price payable by Shaw to redeem the Preferred Shares will be $300 million.
  • These will be the final dividends on the Preferred Shares, which will be paid separately from the aggregate Redemption Price and in the usual manner.
  • Non-registered holders of the Series A Shares and Series B Shares should contact their broker or other intermediary for information regarding the redemption process for the Preferred Shares.
  • The Series A Shares and Series B Shares are listed on the Toronto Stock Exchange (TSX) under the ticker symbols SJR.PR.A and SJR.PR.B, respectively.

Dividend Growth Split Corp. Announces Successful Overnight Offering

Wednesday, May 26, 2021 - 11:05pm

TORONTO, May 26, 2021 (GLOBE NEWSWIRE) -- (TSX: DGS, DGS.PR.A) Dividend Growth Split Corp. (the Company) is pleased to announce a successful overnight treasury offering of class A shares and preferred shares (the Class A Shares and Preferred Shares, respectively).

Key Points: 
  • TORONTO, May 26, 2021 (GLOBE NEWSWIRE) -- (TSX: DGS, DGS.PR.A) Dividend Growth Split Corp. (the Company) is pleased to announce a successful overnight treasury offering of class A shares and preferred shares (the Class A Shares and Preferred Shares, respectively).
  • Gross proceeds of the offering are expected to be approximately $34.8 million.
  • The offering is expected to close on or about June 1, 2021 and is subject to certain closing conditions.
  • The Company invests in a portfolio (the Portfolio) consisting primarily of equity securities of Canadian dividend growth companies.

TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares

Wednesday, April 7, 2021 - 2:00pm

ATHENS, Greece, April 07, 2021 (GLOBE NEWSWIRE) -- TEN Ltd. (TEN) (NYSE: TNP) (the Company), a leading diversified crude, product, and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of approximately $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares (the Series F Preferred Shares; NYSE: TNPPRF).

Key Points: 
  • ATHENS, Greece, April 07, 2021 (GLOBE NEWSWIRE) -- TEN Ltd. (TEN) (NYSE: TNP) (the Company), a leading diversified crude, product, and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of approximately $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares (the Series F Preferred Shares; NYSE: TNPPRF).
  • Each dividend of the Series F Preferred Shares is for the period from the most recent dividend payment date on January 30, 2021 through April 29, 2021.
  • The dividend on the Series F Preferred Shares will be paid on April 30, 2021 to all holders of record of Series F Preferred Shares as of April 27, 2021.
  • TEN has 6,000,000 Series F Preferred Shares outstanding as of the date of this press release.

Fifth Third Bancorp Announces Cash Dividends

Thursday, March 18, 2021 - 5:46pm

Today Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series L preferred shares, and Class B Series A preferred shares.

Key Points: 
  • Today Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series L preferred shares, and Class B Series A preferred shares.
  • Fifth Third Bancorp (Nasdaq: FITB) today declared a cash dividend on its common shares of $0.27 per share for the first quarter of 2021.
  • Fifth Third also declared a cash dividend on its 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series I (Nasdaq: FITBI), at the rate of $414.06 per preferred share, which equates to approximately $0.41406 for each depositary share.
  • Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio, and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution.

Global Dividend Growth Split Corp. Completes Treasury Offering

Thursday, March 18, 2021 - 12:48pm

TORONTO, March 18, 2021 (GLOBE NEWSWIRE) -- (TSX: GDV, GDV.PR.A) Global Dividend Growth Split Corp. (the Company) is pleased to announce that it has completed the previously announced treasury offering of class A shares and preferred shares (the Class A Shares and Preferred Shares, respectively) for aggregate gross proceeds of approximately $16.3 million.

Key Points: 
  • TORONTO, March 18, 2021 (GLOBE NEWSWIRE) -- (TSX: GDV, GDV.PR.A) Global Dividend Growth Split Corp. (the Company) is pleased to announce that it has completed the previously announced treasury offering of class A shares and preferred shares (the Class A Shares and Preferred Shares, respectively) for aggregate gross proceeds of approximately $16.3 million.
  • The Company invests in a diversified portfolio (the Portfolio) of equity securities of large capitalization global dividend growth companies selected by the Brompton Funds Limited (the Manager), the manager of the Company.
  • In order to qualify for inclusion in the Portfolio, at the time of investment and at the time of each periodic reconstitution and/or rebalancing of the Portfolio, each global dividend growth company included in the Portfolio must (i) have a market capitalization of at least $10 billion, and (ii) have a history of dividend growth or, in the Managers view, have high potential for future dividend growth.
  • Global Dividend Growth Split Corp.