Financial ratios

CBRE Clarion Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for July

Thursday, July 9, 2020 - 9:30pm

SHAREHOLDERS WILL BE SENT A FORM 1099-DIV FOR THE CALENDAR YEAR INDICATING HOW TO REPORT FUND DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES.

Key Points: 
  • SHAREHOLDERS WILL BE SENT A FORM 1099-DIV FOR THE CALENDAR YEAR INDICATING HOW TO REPORT FUND DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES.
  • The estimated allocations presented above are based on the Funds monthly calculation of its year-to-date net investment income, capital gains and returns of capital.
  • The Funds investment income is mainly comprised of distributions received from the real estate investment trusts (REITs) and other companies in which it invests.
  • Net investment income refers to the Funds investment income offset by its expenditures, which include the fees paid to the investment adviser and other service providers.

Tekla Healthcare Opportunities Fund Declares Monthly Cash Distribution

Thursday, July 9, 2020 - 3:18pm

On July 9, 2020, Tekla Healthcare Opportunities Fund declared its monthly cash distribution of $0.1125 per share.

Key Points: 
  • On July 9, 2020, Tekla Healthcare Opportunities Fund declared its monthly cash distribution of $0.1125 per share.
  • The record date for the monthly cash distribution is July 20, 2020 and the payable date is July 31, 2020.
  • Note that only participants in the Funds Dividend Reinvestment and Stock Purchase Plan (DRIP) will have cash distributions automatically reinvested in shares of the Fund.
  • Tekla Healthcare Opportunities Fund (NYSE: THQ) is a closed-end fund that invests in companies in the healthcare industry.

Bank of South Carolina Corporation Announces Second Quarter Earnings

Thursday, July 9, 2020 - 2:30pm

CHARLESTON, S.C., July 9, 2020 /PRNewswire/ --The Bank of South Carolina Corporation (Nasdaq: BKSC) announced unaudited earnings of $1,341,636, or $0.24 and $0.23 basic and diluted earnings per share, respectively, for the quarter ended June 30, 2020 a decrease of $499,211, or 27.12%, from earnings for the quarter ended June 30, 2019 of $1,840,847, or $0.33 basic and diluted earnings per share.

Key Points: 
  • CHARLESTON, S.C., July 9, 2020 /PRNewswire/ --The Bank of South Carolina Corporation (Nasdaq: BKSC) announced unaudited earnings of $1,341,636, or $0.24 and $0.23 basic and diluted earnings per share, respectively, for the quarter ended June 30, 2020 a decrease of $499,211, or 27.12%, from earnings for the quarter ended June 30, 2019 of $1,840,847, or $0.33 basic and diluted earnings per share.
  • Unaudited earnings for the six months ended June 30, 2020 decreased $507,957, or 14.39%, to $3,022,154 compared to $3,530,111 for the six months ended June 20, 2019.
  • Fleetwood S. Hassell, President of the Bank of South Carolina, stated, "An interest rate environment rivaling that of the Great Recession has continued to impact our margins and thus our profits for the second quarter.
  • We are, however, encouraged by the outstanding contribution from our mortgage operation and the robust deposit growth already experienced this year.

Canoe EIT Income Fund Announces July 2020 Distribution

Wednesday, July 8, 2020 - 9:46pm

The Fund makes monthly distributions of an amount comprised in whole or in part of Return of Capital (ROC) of the net asset value per unit.

Key Points: 
  • The Fund makes monthly distributions of an amount comprised in whole or in part of Return of Capital (ROC) of the net asset value per unit.
  • A ROC reduces the amount of your original investment and may result in the return to you of the entire amount of your original investment.
  • ROC that is not reinvested will reduce the net asset value of the fund, which could reduce the funds ability to generate future income.
  • You should not draw any conclusions about the Funds investment performance from the amount of this distribution.

Putnam Investments Announces 19(a) Notices for Closed-End Municipal Funds

Wednesday, July 8, 2020 - 6:14pm

*Most recent distribution annualized and divided by NAV at the end of the period.

Key Points: 
  • *Most recent distribution annualized and divided by NAV at the end of the period.
  • **Total fiscal period distributions annualized and divided by NAV at the end of the period.
  • You should not draw any conclusions about the Funds investment performance from the amount of this distribution or from the terms of the Funds Distribution Policy.
  • The amounts and sources of distributions reported in this 19(a) Notice are only estimates and are not being provided for tax reporting purposes.

Putnam Investments Announces 19(a) Notices for Closed-End Funds

Wednesday, July 8, 2020 - 6:13pm

Putnam estimates that $0.0136 per share of Putnam Master Intermediate Income Trusts dividend is paid from accumulated net investment income, and $0.0164 per share represents a return of capital.

Key Points: 
  • Putnam estimates that $0.0136 per share of Putnam Master Intermediate Income Trusts dividend is paid from accumulated net investment income, and $0.0164 per share represents a return of capital.
  • These estimates and the sources of the fund's dividends and distributions are determined in accordance with accounting principles applicable to the fund.
  • A non-taxable return of capital, if any, cannot be determined until after the end of the fund's fiscal year.
  • Putnam estimates that $0.0169 per share of Putnam Premier Income Trusts dividend is paid from accumulated net investment income, and $0.0181 per share represents a return of capital.

Delaware Investments® Dividend and Income Fund, Inc. Announces Distributions

Tuesday, July 7, 2020 - 9:50pm

Today, Delaware Investments Dividend and Income Fund (the Fund), a New York Stock Exchange-listed closed-end fund trading under the symbol DDF, declares a monthly distribution of $0.0526 per share.

Key Points: 
  • Today, Delaware Investments Dividend and Income Fund (the Fund), a New York Stock Exchange-listed closed-end fund trading under the symbol DDF, declares a monthly distribution of $0.0526 per share.
  • The primary investment objective is to seek high current income; capital appreciation is a secondary objective.
  • A return of capital distribution does not necessarily reflect the Funds investment performance and should not be confused with yield or income.
  • The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Delaware Enhanced Global Dividend and Income Fund Announces Distributions

Tuesday, July 7, 2020 - 9:44pm

Today, Delaware Enhanced Global Dividend and Income Fund (the Fund), a New York Stock Exchangelisted closed-end fund trading under the symbol DEX, declares a monthly distribution of $0.0499 per share.

Key Points: 
  • Today, Delaware Enhanced Global Dividend and Income Fund (the Fund), a New York Stock Exchangelisted closed-end fund trading under the symbol DEX, declares a monthly distribution of $0.0499 per share.
  • The Fund also uses enhanced income strategies by engaging in dividend capture trading; option overwriting; and realization of gains on the sale of securities, dividend growth, and currency forwards.
  • In addition, the Fund utilizes leveraging techniques in an attempt to obtain higher return for the Fund.
  • The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Canadian General Investments: Investment Update - Unaudited

Monday, July 6, 2020 - 7:49pm

TORONTO, Canada, July 06, 2020 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) (TSX: CGI, CGI.PR.D) (LSE: CGI)reports on an unaudited basis that its net asset value per share (NAV) at June 30, 2020 was $37.80, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 3.4% and 7.2%, respectively.

Key Points: 
  • TORONTO, Canada, July 06, 2020 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) (TSX: CGI, CGI.PR.D) (LSE: CGI)reports on an unaudited basis that its net asset value per share (NAV) at June 30, 2020 was $37.80, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 3.4% and 7.2%, respectively.
  • These compare with the -7.5% and -2.2% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods.
  • The Company employs a leveraging strategy, by way of preference shares and bank borrowing, in an effort to enhance returns to common shareholders.
  • The sector weightings of CGIs investment portfolio at market as of June 30, 2020 were as follows:

High Income Securities Fund Announces Monthly Distributions For Third Quarter of 2020

Thursday, July 2, 2020 - 4:40pm

To the extent that sufficient investment income is not available on a monthly basis, the distributions may include return of capital.

Key Points: 
  • To the extent that sufficient investment income is not available on a monthly basis, the distributions may include return of capital.
  • No conclusions should be drawn about the Funds investment performance from the amount of the distributions.
  • The Fund will issue a notice to stockholders that will provide an estimate of the composition of each distribution.
  • For tax reporting purposes the actual composition of the total amount of distributions for each year will continue to be provided on a Form 1099-DIV issued after the end of the year.