Financial ratios

Worthington Industries Declares Quarterly Dividend

Retrieved on: 
Wednesday, March 25, 2020
Worthington Industries, Worthington, WOR, Dividends, Companies, Financial ratios

COLUMBUS, Ohio, March 25, 2020 (GLOBE NEWSWIRE) -- The board of directors of Worthington Industries, Inc. (NYSE: WOR) has declared a quarterly dividend of $0.24 per share.

Key Points: 
  • COLUMBUS, Ohio, March 25, 2020 (GLOBE NEWSWIRE) -- The board of directors of Worthington Industries, Inc. (NYSE: WOR) has declared a quarterly dividend of $0.24 per share.
  • The dividend is payable on June 29, 2020, to shareholders of record June 15, 2020.
  • Worthington has paid a quarterly dividend since it became a public company in 1968.
  • Worthington Industries (NYSE:WOR) is a leading industrial manufacturing company delivering innovative solutions to customers that span many industries including transportation, construction, industrial, agriculture, retail and energy.

Southern Michigan Bancorp, Inc. Declares Cash Dividend

Retrieved on: 
Wednesday, March 25, 2020
Finance, Money, Economy, Financial ratios, Dividend yield, Dividends, Financial markets, Yield, Dividend future

The annualized cash dividend of $0.92 per share represents a 3.54% dividend yield based on the current market price of $26.00 per share.

Key Points: 
  • The annualized cash dividend of $0.92 per share represents a 3.54% dividend yield based on the current market price of $26.00 per share.
  • Southern Michigan Bancorp, Inc. is a bank holding company and the parent company of Southern Michigan Bank & Trust.
  • For more information, please visit the Southern Michigan Bank & Trust website, www.smb-t.com .
  • Although we currently expect to continue to pay a quarterly cash dividend, each future dividend will be considered and declared by the board of directors in its discretion.

NEPC Survey: Majority of Defined Benefit Plans Expect Recession, Negative Returns Due to COVID-19

Retrieved on: 
Tuesday, March 24, 2020
Professional services, Small business, Finance, Consulting, Banking, Accounting, Economy, Money, Finance, Mathematical finance, Financial ratios, Monetary policy, Investment, Rate of return, Recession, Interest rate, Percentage, the Survey, NEPC, LLC

Our survey of defined benefit plan sponsors showcases a deeply negative view of the economy and stock market, with the majority of plans expecting a COVID-19-led recession and negative returns on equities.

Key Points: 
  • Our survey of defined benefit plan sponsors showcases a deeply negative view of the economy and stock market, with the majority of plans expecting a COVID-19-led recession and negative returns on equities.
  • Negative interest rates in the U.S. are unlikely: Sixty-seven percent of respondents believe negative interest rates are unlikely (only a 25 percent chance of occurring).
  • Investors expect negative returns from the S&P 500 in 2020: Sixty-three percent of all respondents expect a negative return in 2020 with 15 percent expecting a loss greater than -10 percent for the year.
  • Almost half (47 percent) of larger plans expect positive returns from the S&P 500 as compared to only 28 percent of smaller plans.

Dividend Select 15 Corp. Declares Monthly Dividend

Retrieved on: 
Monday, March 23, 2020
Corporate finance, Financial markets, Shareholders, Finance, Dividends, Stock market, Financial ratios, Equity

TORONTO, March 23, 2020 (GLOBE NEWSWIRE) -- Globe NewsWire: Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.05892 per Equity share.

Key Points: 
  • TORONTO, March 23, 2020 (GLOBE NEWSWIRE) -- Globe NewsWire: Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.05892 per Equity share.
  • The distribution is payable April 9, 2020 to shareholders on record as of March 31, 2020.
  • As a result, Equity shareholders of record on March 31, 2020 will receive a dividend of $0.05892 per share based on the VWAP of $7.07 payable on April 9, 2020.
  • The Company invests in a portfolio of 15 Canadian companies selected from the following 20 company universe which are among the highest Canadian dividend yielding stocks.

Regency Affiliates Announces Quarterly Dividend

Retrieved on: 
Monday, March 23, 2020
Economy, Finance, Money, Financial ratios, Dividend, Shareholders, Investment, Rate of return

NEW YORK, March 23, 2020 /PRNewswire/ -- Regency Affiliates, Inc. (OTC Pink: RAFI) ("Regency") today announced that it will pay a quarterly dividend of 6.55cents per common share on April 7, 2020to shareholders of record at the close of trading on March 31, 2020.

Key Points: 
  • NEW YORK, March 23, 2020 /PRNewswire/ -- Regency Affiliates, Inc. (OTC Pink: RAFI) ("Regency") today announced that it will pay a quarterly dividend of 6.55cents per common share on April 7, 2020to shareholders of record at the close of trading on March 31, 2020.
  • "We are pleased to declare a quarterly dividend of 6.55 cents per common share reflecting a 2.3% increase over the quarterly dividend paid in April 2019," commented Laurence Levy, Chairman, CEO and CFO of Regency.
  • The balance of the mortgage loan proceeds was distributed to the Security West partners, including a distribution to Regency of over $1.2MM.
  • Regency Affiliates, Inc. invests in businesses that generate attractive, predictable and sustainable returns on capital.

Franklin Limited Duration Income Trust Declares Monthly Distribution

Retrieved on: 
Friday, March 20, 2020
Other Professional Services, Professional services, Finance, Economy, Finance, Money, Financial ratios, Taxation in Canada, Dividend, Shareholders, Return of capital, Income trust, Net asset value, Rate of return, Exchange-traded fund

Franklin Limited Duration Income Trust [NYSE American:FTF], a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0833 per common share, payable April 15, 2020, to shareholders of record on March 31, 2020 (Ex-Dividend Date: March 30, 2020).

Key Points: 
  • Franklin Limited Duration Income Trust [NYSE American:FTF], a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0833 per common share, payable April 15, 2020, to shareholders of record on March 31, 2020 (Ex-Dividend Date: March 30, 2020).
  • The Fund adopted a managed distribution plan and will make monthly distributions to common shareholders at an annual minimum fixed rate of 10 percent, based on the average monthly net asset value (NAV) of the Funds common shares.
  • Under the managed distribution plan, to the extent that sufficient investment income is not available on a monthly basis, the Fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution level.
  • No conclusions should be drawn about the Funds investment performance from the amount of the Funds distributions or from the terms of the Funds managed distribution plan.

Insight Select Income Fund Declares Quarterly Dividend

Retrieved on: 
Thursday, March 19, 2020
Banking, Professional services, Finance, Economy, Finance, Money, Financial markets, Financial ratios, Investment, Dividend, Shareholders, Rate of return, Income fund, Yield, Dividend yield

The Insight Select Income Fund (INSI) (the Fund) yesterday declared a quarterly dividend of $0.20 on March 18, 2020.

Key Points: 
  • The Insight Select Income Fund (INSI) (the Fund) yesterday declared a quarterly dividend of $0.20 on March 18, 2020.
  • The Funds last four quarterly dividend payments from ordinary income equates to approximately $0.8316 per share.
  • The Fund will also look to benefit from trading securities to optimize the risk adjusted yields in the Fund.
  • Investors should understand that a return of capital is not a distribution from income or gains of a Fund.

Covisum and FinMason Partner to Bring Heavy-Tailed Risk Model to Help with Volatile Markets

Retrieved on: 
Thursday, March 19, 2020
Financial law, Financial ratios, Financial risk, Leverage

Covisum will leverage FinMason's robust analytical engine to calculate and deliver their heavy-tailed proprietary risk analytics at scale.

Key Points: 
  • Covisum will leverage FinMason's robust analytical engine to calculate and deliver their heavy-tailed proprietary risk analytics at scale.
  • "FinMason's expansive universe of available securities and highly-scaled calculation environment make them an ideal partner for hosting our proprietary risk analytics."
  • It just does not capture the potential for large losses in the equity markets," said Kendrick Wakeman, CEO of FinMason.
  • "Covisum's heavy-tailed risk model is designed to capture these extreme movements and give investors a more accurate view of risk, particularly over the short/intermediate term.

Banco Santander-Chile: Announces Annual Shareholder's Meeting and Dividend Proposal

Retrieved on: 
Wednesday, March 18, 2020
Financial markets, Corporate finance, Shareholders, Finance, Financial ratios, Banco Santander, Santander, Spain, Dividend, Equity

SANTIAGO, Chile, March 18, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today that it has agreed to summon the annual shareholders meeting on April 21, 2020.

Key Points: 
  • SANTIAGO, Chile, March 18, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today that it has agreed to summon the annual shareholders meeting on April 21, 2020.
  • Among the items to be submitted for shareholder vote will be the annual dividend proposal of Ch$1.75782621 per share, corresponding to 60% of 2019 net income attributable to shareholders.
  • With this proposal, the current dividend yield is 6.6%, considering the share price at the close of the Chilean stock market today.
  • Banco Santander Chile is the largest Bank in Chile in terms of assets, loans and equity.

Putnam Announces Distribution Rates for Open End Funds

Retrieved on: 
Wednesday, March 18, 2020
Banking, Professional services, Finance, Economy, Money, Finance, Financial ratios, Dividend, Shareholders, Rate of return, Hall income tax, Capital gains tax

$0.004 per share of Mortgage Opportunities Funds dividend represents a return of capital.

Key Points: 
  • $0.004 per share of Mortgage Opportunities Funds dividend represents a return of capital.
  • This is only an estimate for the current fund fiscal year based on information we have at this time.
  • In January 2021, we will provide final information about all 2020 distributions for your tax filing.
  • Any non-taxable return of capital cannot be determined until after the end of the funds fiscal year.