Financial ratios

First Business Declares Quarterly Cash Dividend

Retrieved on: 
Friday, July 30, 2021

First Business Financial Services, Inc. (First Business) (Nasdaq: FBIZ) announced its board of directors has declared a quarterly cash dividend on its common stock of $0.18 per share which is equivalent to a dividend yield of 2.66% based on Thursdays market close price of $27.07.

Key Points: 
  • First Business Financial Services, Inc. (First Business) (Nasdaq: FBIZ) announced its board of directors has declared a quarterly cash dividend on its common stock of $0.18 per share which is equivalent to a dividend yield of 2.66% based on Thursdays market close price of $27.07.
  • The quarterly dividend is the same as the quarterly dividend declared in April 2021, and, based on our second quarter 2021 earnings per share, represents a dividend payout ratio of 18.9%.
  • This regular cash dividend is payable on August 19, 2021 to shareholders of record at the close of business on August 9, 2021.
  • About First Business Financial Services, Inc.
    First Business Financial Services, Inc., (Nasdaq: FBIZ) is the parent company of First Business Bank.

Simmons First National Corporation Declares $0.18 Per Share Dividend

Retrieved on: 
Friday, July 30, 2021

The cash dividend rate represents an increase of $0.01 per share, or 6 percent, from the dividend paid for the same time period last year.

Key Points: 
  • The cash dividend rate represents an increase of $0.01 per share, or 6 percent, from the dividend paid for the same time period last year.
  • The current quarterly cash dividend rate further represents an annualized cash dividend rate of $0.72 per share and a five-year compound annual growth rate in the dividend of more than 8 percent.
  • Founded in 1903, Simmons Bank offers comprehensive financial solutions delivered with a client-centric approach.
  • Additional information about Simmons and Simmons Bank can be found on our website at simmonsbank.com , by following @Simmons_Bank on Twitter or by visiting our newsroom .

ACNB Corporation Reports 2021 Second Quarter and Year-to-Date Financial Results

Retrieved on: 
Thursday, July 29, 2021

GETTYSBURG, Pa., July 29, 2021 (GLOBE NEWSWIRE) -- ACNB Corporation (NASDAQ: ACNB), financial holding company for ACNB Bank and Russell Insurance Group, Inc., announced financial results for the three months ended June 30, 2021, with net income of $8,508,000. Compared to net income of $5,797,000 for the three months ended June 30, 2020, this is an increase of $2,711,000 or 46.8% over comparable period results, primarily due to higher fee income across business lines and less loan loss provision for the period in 2021. Basic earnings per share was $0.98 and $0.67 for the three months ended June 30, 2021 and 2020, respectively, which is an increase of $0.31 or 46.3%.

Key Points: 
  • ACNB Corporation continues to support local businesses and other eligible organizations due to the impact of the Coronavirus Disease 2019 (COVID-19) pandemic.
  • Additionally, as of June 30, 2021, aggregate PPP loan originations for 2020 and 2021 totaled 2,217 loans in the dollar amount of $223,036,703.
  • GETTYSBURG, Pa., July 29, 2021 (GLOBE NEWSWIRE) -- ACNB Corporation (NASDAQ: ACNB), financial holding company for ACNB Bank and Russell Insurance Group, Inc., announced financial results for the three months ended June 30, 2021, with net income of $8,508,000.
  • Year to date in 2021, cash dividends paid to ACNB Corporation shareholders represent a dividend payout ratio of 28.3%.

Black Dragon Resource Companies, Inc. - NFT’s, Dividend Record Date and Payout Date established

Retrieved on: 
Thursday, July 29, 2021

DALLAS, TX, July 29, 2021 (GLOBE NEWSWIRE) -- Black Dragon Resource Companies, Inc. (OTC Pink: BDGR) ("The Company") announced today that the company (BDGR) and its management are happy to update its shareholders on new developments, record date and payout date for the dividend.

Key Points: 
  • DALLAS, TX, July 29, 2021 (GLOBE NEWSWIRE) -- Black Dragon Resource Companies, Inc. (OTC Pink: BDGR) ("The Company") announced today that the company (BDGR) and its management are happy to update its shareholders on new developments, record date and payout date for the dividend.
  • The company, BDGR, is scheduled to payout the dividend to shareholders of ProTek Capital Inc., (OTC Pink: PRPM) August 30th, 2021.
  • The record date is the final date of record by which the dividend will be issued.
  • Recently, ProTek Capital Inc., Acquired Black Dragon Resource Companies Inc., (BDGR).

RLI Declares Regular Dividend

Retrieved on: 
Thursday, July 29, 2021

RLI Corp. (NYSE: RLI) RLI Corp. announced today its Board of Directors has declared a third quarter regular cash dividend of $0.25 per share, unchanged from the prior quarter.

Key Points: 
  • RLI Corp. (NYSE: RLI) RLI Corp. announced today its Board of Directors has declared a third quarter regular cash dividend of $0.25 per share, unchanged from the prior quarter.
  • The companys dividend yield would be 0.93% based on the $1.00 indicated annual dividend and yesterdays closing stock price of $107.27.
  • RLI Corp. (NYSE: RLI) is a specialty insurer serving niche property, casualty and surety markets.
  • RLI has paid and increased regular dividends for 46 consecutive years and delivered underwriting profits for 25 consecutive years.

American States Water Company Announces 9% Increase in Quarterly Dividend

Retrieved on: 
Thursday, July 29, 2021

On July 27, 2021, the Board of Directors of American States Water Company (NYSE:AWR) approved an increase in the companys third quarter cash dividend from $0.335 per share to $0.365 per share on the common shares of the company.

Key Points: 
  • On July 27, 2021, the Board of Directors of American States Water Company (NYSE:AWR) approved an increase in the companys third quarter cash dividend from $0.335 per share to $0.365 per share on the common shares of the company.
  • The annualized dividend rate after this increase is $1.46 per share, which represents a 9% increase from the current annualized dividend rate of $1.34 per share.
  • This sizable dividend increase confirms the Boards commitment to long-term, sustainable earnings growth, as well as extending the companys long-term track record of returning cash to shareholders, said Robert J. Sprowls, President and CEO of American States Water Company.
  • American States Water Company is the parent of Golden State Water Company, Bear Valley Electric Service, Inc. and American States Utility Services, Inc., serving over one million people in nine states.

Republic Services, Inc. Increases Quarterly Dividend to $0.46 Per Share

Retrieved on: 
Thursday, July 29, 2021

PHOENIX, July 29, 2021 /PRNewswire/ --Republic Services, Inc. (NYSE: RSG) announced today that its Board of Directors approved an increase in the quarterly dividend from $0.425 per share to $0.46 per share, which represents an increase of approximately 8 percent.

Key Points: 
  • PHOENIX, July 29, 2021 /PRNewswire/ --Republic Services, Inc. (NYSE: RSG) announced today that its Board of Directors approved an increase in the quarterly dividend from $0.425 per share to $0.46 per share, which represents an increase of approximately 8 percent.
  • The quarterly dividend of $0.46 per share will be paid on October 15, 2021, to shareholders of record on October 1, 2021.
  • "We are raising our quarterly dividend by approximately 8 percent," said Jon Vander Ark, president and chief executive officer.
  • "This is the seventeenth consecutive year we've increased our dividend, which demonstrates our commitment to efficiently return cash to shareholders."

INSBANK Parent, InsCorp, Inc., Reports 2nd Quarter Earnings Growth

Retrieved on: 
Thursday, July 29, 2021

Net interest margin improved for the third consecutive quarter, as repricing liabilities drove a decrease in the bank's cost of funding.

Key Points: 
  • Net interest margin improved for the third consecutive quarter, as repricing liabilities drove a decrease in the bank's cost of funding.
  • "Our team made steady progress on both short and long-term goals this quarter," said Jim Rieniets, President and CEO of INSBANK.
  • "Growth, margin enhancement, and reduction in non-performing assets all contributed to a double-digit return for our shareholders."
  • Driven by a variety of on-going technology initiatives, in the second quarter INSBANK also surpassed some of its own peak performance ratios.

Archrock Announces Quarterly Cash Dividend

Retrieved on: 
Wednesday, July 28, 2021

HOUSTON, July 28, 2021 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (Archrock) today announced that its Board of Directors has declared a quarterly dividend of $0.145 per share of common stock, or $0.58 per share on an annualized basis.

Key Points: 
  • HOUSTON, July 28, 2021 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (Archrock) today announced that its Board of Directors has declared a quarterly dividend of $0.145 per share of common stock, or $0.58 per share on an annualized basis.
  • The dividend will be paid on August 16, 2021 to all stockholders of record on August 9, 2021.
  • Archrock is an energy infrastructure company with a pure-play focus on midstream natural gas compression.
  • Archrock expressly disclaims any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

FHLB Des Moines Reports Preliminary Second Quarter 2021 Unaudited Financial Results

Retrieved on: 
Wednesday, July 28, 2021

Mortgage loans of $7.5 billion were outstanding, of which $345 million were purchased from 144 members during the second quarter.

Key Points: 
  • Mortgage loans of $7.5 billion were outstanding, of which $345 million were purchased from 144 members during the second quarter.
  • The Bank paid $42 million of cash dividends at an annualized rate of 6.00 percent on activity-based stock and 3.00 percent on membership stock during the second quarter relating to first quarter 2021 earnings.
  • All numbers reported in this earnings release for the second quarter of 2021 are preliminary until the Bank announces unaudited financial results in its Second Quarter 2021 Form 10-Q with the SEC, expected to be available at www.fhlbdm.com and www.sec.gov on or before August 16, 2021.
  • The Banks Board of Directors approved a second quarter 2021 dividend at an annualized rate of 6.00 percent on activity-based stock and 3.00 percent on membership stock, unchanged from the prior quarter.