Financial ratios

Lazard Global Total Return and Income Fund Declares Monthly Distribution

Thursday, April 15, 2021 - 8:42pm

b'The Board of Directors of Lazard Global Total Return and Income Fund, Inc. (the \xe2\x80\x9cFund\xe2\x80\x9d) (NYSE:LGI) has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.11512 per share on the Fund\xe2\x80\x99s outstanding common stock.

Key Points: 
  • b'The Board of Directors of Lazard Global Total Return and Income Fund, Inc. (the \xe2\x80\x9cFund\xe2\x80\x9d) (NYSE:LGI) has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.11512 per share on the Fund\xe2\x80\x99s outstanding common stock.
  • The distribution is payable on May 21, 2021 to shareholders of record on May 10, 2021.
  • Additionally, any notices required by Section 19(a) of the Investment Company Act of 1940, as amended, which provide information regarding the respective estimated amounts of each monthly distribution derived from net investment income, net realized capital gains (short- and long-term) and return of capital, will also be available on www.LazardAssetManagement.com .\nThe Fund\xe2\x80\x99s investment objective is total return, consisting of capital appreciation and current income.
  • As of March 31, 2021, LAM and affiliated asset management companies in the Lazard Group managed $264.9 billion worth of client assets.

Aptar Raises Quarterly Dividend

Thursday, April 15, 2021 - 10:00pm

b'AptarGroup, Inc. (NYSE: ATR), a global leader in drug delivery, consumer product dispensing and material science solutions, today declared a quarterly cash dividend of $0.38 per share which is an increase of approximately 6% from the previous dividend amount.

Key Points: 
  • b'AptarGroup, Inc. (NYSE: ATR), a global leader in drug delivery, consumer product dispensing and material science solutions, today declared a quarterly cash dividend of $0.38 per share which is an increase of approximately 6% from the previous dividend amount.
  • The payment date is May 19, 2021, to stockholders of record as of April 28, 2021.\nStephan Tanda, Aptar President and CEO, commented, \xe2\x80\x9cOne element of Aptar\xe2\x80\x99s compounding growth story is our dividend program.
  • In 2020, we returned $93 million dollars to shareholders and with this current increase, we are on track for our 28th consecutive year of paying an increased annual dividend.
  • Aptar is headquartered in Crystal Lake, Illinois and has 13,000 dedicated employees in 20 countries.

Voya Global Advantage and Premium Opportunity Fund & Voya Infrastructure, Industrials and Materials Fund Announce Payment of Quarterly Distribution

Thursday, April 15, 2021 - 9:30pm

The Funds\xe2\x80\x99 estimate that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital.

Key Points: 
  • The Funds\xe2\x80\x99 estimate that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital.
  • A return of capital may occur, for example, when some or all of the money that you invested in the Funds\xe2\x80\x99 is paid back to you.
  • No Fund is a complete investment program and you may lose money investing in a Fund.
  • Follow Voya Investment Management on Twitter @VoyaInvestments.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210415005823/en/\n'

PPG Directors Announce Quarterly Dividend of 54 Cents Per Share

Thursday, April 15, 2021 - 1:52pm

b'The board of directors of PPG (NYSE:PPG) today declared a regular quarterly dividend of 54 cents per share, payable June 11 to shareholders of record May 10.\nThrough the work of dedicated PPG employees who partner with customers every day to create mutual value, the company has raised its annual dividend payout for 49 consecutive years and paid uninterrupted annual dividends since 1899.

Key Points: 
  • b'The board of directors of PPG (NYSE:PPG) today declared a regular quarterly dividend of 54 cents per share, payable June 11 to shareholders of record May 10.\nThrough the work of dedicated PPG employees who partner with customers every day to create mutual value, the company has raised its annual dividend payout for 49 consecutive years and paid uninterrupted annual dividends since 1899.
  • This marks the company\xe2\x80\x99s 491st consecutive dividend payment.\nAt PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty materials that our customers have trusted for more than 135 years.
  • Through dedication and creativity, we solve our customers\xe2\x80\x99 biggest challenges, collaborating closely to find the right path forward.
  • To learn more, visit www.ppg.com .\nWe protect and beautify the world is a trademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.\n'

Tremont Mortgage Trust Announces Quarterly Dividend on Common Shares

Thursday, April 15, 2021 - 1:00pm

b"Tremont Mortgage Trust (Nasdaq: TRMT) today announced a regular quarterly cash distribution on its common shares of $0.10 per common share ($0.40 per share per year).

Key Points: 
  • b"Tremont Mortgage Trust (Nasdaq: TRMT) today announced a regular quarterly cash distribution on its common shares of $0.10 per common share ($0.40 per share per year).
  • TRMT is managed by an affiliate of The RMR Group Inc. (Nasdaq: RMR) .
  • For example:\nThis press release states that TRMT\xe2\x80\x99s dividend rate will be $0.10/share per quarter or $0.40/share per year.
  • A possible implication of this statement is that TRMT will continuously pay quarterly dividends of $0.10/share per quarter or $0.40/share per year in the future.

BETA Risk Management Authority Announces Dividends Totaling $15.7 Million

Thursday, April 15, 2021 - 4:00pm

b'BETA Risk Management Authority (BETARMA) announces that the BETA Council has approved member dividends of $15.7 million for the 2021/2022 contract year, to be paid in two installments as part of the July 1, 2021 renewals.

Key Points: 
  • b'BETA Risk Management Authority (BETARMA) announces that the BETA Council has approved member dividends of $15.7 million for the 2021/2022 contract year, to be paid in two installments as part of the July 1, 2021 renewals.
  • This year\xe2\x80\x99s dividend is the result of BETARMA\xe2\x80\x99s strong financial performance in 2020.
  • Since 1992, BETARMA has cumulatively returned $210 million in dividends to its eligible healthcare facility members, an amount unsurpassed by any hospital professional liability insurer doing business on the West Coast.\n\xe2\x80\x9cTrue to our organization\xe2\x80\x99s mission, BETA Risk Management Authority continues to share a substantial portion of our financial upside with members in the form of dividends,\xe2\x80\x9d said Corey Grove, BETA Healthcare Group\xe2\x80\x99s CEO.
  • Rated \xe2\x80\x9cA\xe2\x80\x9d (Excellent) by A.M. Best, BETA has earned a reputation for financial strength, rate stability, quality service and breadth of coverage that is unparalleled in the industry.

RMR Mortgage Trust Announces Quarterly Dividend on Common Shares

Thursday, April 15, 2021 - 1:00pm

b"RMR Mortgage Trust (Nasdaq: RMRM) , today announced a regular quarterly cash distribution on its common shares of $0.15 per common share ($0.60 per share per year).

Key Points: 
  • b"RMR Mortgage Trust (Nasdaq: RMRM) , today announced a regular quarterly cash distribution on its common shares of $0.15 per common share ($0.60 per share per year).
  • RMRM is managed by an affiliate of The RMR Group Inc. (Nasdaq: RMR) .
  • For example:\nThis press release states that RMRM\xe2\x80\x99s dividend rate will be $0.15/share per quarter or $0.60/share per year.
  • A possible implication of this statement is that RMRM will continuously pay quarterly dividends of $0.15/share per quarter or $0.60/share per year in the future.

Launch of a Covered Options UCITS Fund

Thursday, April 15, 2021 - 6:00am

b'LONDON, April 15, 2021 /PRNewswire/ -- Gate Capital Group Ltdis pleased to announce the expansion of its service offering together with investment opportunities via the launch of The Written Fund.

Key Points: 
  • b'LONDON, April 15, 2021 /PRNewswire/ -- Gate Capital Group Ltdis pleased to announce the expansion of its service offering together with investment opportunities via the launch of The Written Fund.
  • According to Mr Williams: "Using Covered Options Writing as part of a diversified portfolio helps to increase the probability of more predictable returns, smoothing-out market volatility.
  • The portfolio will be pursuing an active Options Writing strategy.\nThe Written Fund utilises a UCITS structure, with 2 Classes in 3 Currencies (GBP/EUR/USD).
  • Some studies suggest that the use of Options can enhance the overall risk adjusted return of an equity investment.

Launch of a Covered Options UCITS Fund

Thursday, April 15, 2021 - 6:00am

b'LONDON, April 15, 2021 /PRNewswire/ -- Gate Capital Group Ltdis pleased to announce the expansion of its service offering together with investment opportunities via the launch of The Written Fund.

Key Points: 
  • b'LONDON, April 15, 2021 /PRNewswire/ -- Gate Capital Group Ltdis pleased to announce the expansion of its service offering together with investment opportunities via the launch of The Written Fund.
  • According to Mr Williams: "Using Covered Options Writing as part of a diversified portfolio helps to increase the probability of more predictable returns, smoothing-out market volatility.
  • The portfolio will be pursuing an active Options Writing strategy.\nThe Written Fund utilises a UCITS structure, with 2 Classes in 3 Currencies (GBP/EUR/USD).
  • Some studies suggest that the use of Options can enhance the overall risk adjusted return of an equity investment.

Bank of South Carolina Corporation Announces First Quarter Earnings

Tuesday, April 13, 2021 - 2:05pm

b'CHARLESTON, S.C., April 13, 2021 /PRNewswire/ --The Bank of South Carolina Corporation (Nasdaq: BKSC) announced unaudited earnings of $1,810,075, or $0.33 and $0.32 basic and diluted earnings per share, respectively, for the quarter ended March 31, 2021 an increase of 19.00% from earnings for the quarter ended March 31, 2020 of $1,521,131, or $0.28 and $0.27 basic and diluted earnings per share.

Key Points: 
  • b'CHARLESTON, S.C., April 13, 2021 /PRNewswire/ --The Bank of South Carolina Corporation (Nasdaq: BKSC) announced unaudited earnings of $1,810,075, or $0.33 and $0.32 basic and diluted earnings per share, respectively, for the quarter ended March 31, 2021 an increase of 19.00% from earnings for the quarter ended March 31, 2020 of $1,521,131, or $0.28 and $0.27 basic and diluted earnings per share.
  • In addition, processing fee income derived from the Small Business Administration\'s and Department of Treasury\'s PPP program has further bolstered quarterly earnings.
  • Moving forward, our challenge is to deploy excess liquidity into higher yielding assets in a rate environment that rivals that of the Great Recession.
  • Overall, we are pleased with the Bank\'s first quarter performance, which allowed for payment of a special $0.10 per share cash dividend in addition to our regular $0.17 per share dividend.