Corporate taxation

Canadian General Investments, Limited Declares Dividend on Common Shares

Retrieved on: 
星期四, 七月 15, 2021
Taxation in Australia, Economy, Tax, Dividends, Corporate finance, Shareholders, Taxation in the United Kingdom, Corporate taxation, Income tax in Australia, Dividend tax, Dividend imputation

TORONTO, July 15, 2021 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited(TSX: CGI) (TSX: CGI.PR.D) (LSE: CGI) (CGI or the Company) has declared a quarterly dividend of $0.22 per share payable on September 15, 2021 to common shareholders of record at the close of business on August 31, 2021 (the Dividend).

Key Points: 
  • TORONTO, July 15, 2021 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited(TSX: CGI) (TSX: CGI.PR.D) (LSE: CGI) (CGI or the Company) has declared a quarterly dividend of $0.22 per share payable on September 15, 2021 to common shareholders of record at the close of business on August 31, 2021 (the Dividend).
  • The Dividend is a capital gains dividend for purposes of the Income Tax Act (Canada).
  • Since CGI qualifies as an investment corporation for Canadian income tax purposes, the payment of capital gains dividends allows the Company to recover taxes paid, or payable, on realized capital gains.
  • Non-residents of Canada will not be subject to Canadian withholding tax on the Dividend.

CSI Increases Cash Dividend For 50th Consecutive Year

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星期一, 七月 12, 2021
Professional services, Data management, Technology, Finance, Software, Banking, Dividends, Corporate finance, Shareholders, Finance, Financial economics, Corporate taxation, Taxation in Australia, Financial ratios, Dividend imputation

Computer Services, Inc. (CSI) (OTCQX: CSVI) announced that its Board of Directors approved an increase in the quarterly cash dividend, marking the 50th consecutive year of increased cash dividends.

Key Points: 
  • Computer Services, Inc. (CSI) (OTCQX: CSVI) announced that its Board of Directors approved an increase in the quarterly cash dividend, marking the 50th consecutive year of increased cash dividends.
  • We are pleased to announce our 50th consecutive year of increased cash dividends paid to shareholders, stated Executive Chairman Steven A. Powless.
  • CSI is one of the few public companies that has increased its cash dividend annually for half a century.
  • CSI reported its 21st consecutive year of increased revenues and 24th consecutive year of increased net income in fiscal 2021.

Host Hotels & Resorts, Inc. Acquires Baker’s Cay Resort Key Largo for $200 Million

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星期二, 七月 6, 2021
Profit, Finance, Money, Economy, Corporate taxation, Fundamental analysis, Valuation, Income statement, Earnings before interest, taxes, depreciation and amortization, Net income, Income, NET

After a complete $63 million renovation and repositioning in 2019, Bakers Cay shows like a new resort.

Key Points: 
  • After a complete $63 million renovation and repositioning in 2019, Bakers Cay shows like a new resort.
  • Host Hotels& Resorts, Inc. is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels.
  • The propertys 2021E net income is $8.7 million and the difference between net income and EBITDA is depreciation expense of $5.1 million.
  • Net income for the acquisitions is $42.5 million and the difference between net income and EBITDA is depreciation expense of $27.3 million.

Dynacor Declares July 2021 Monthly Dividend

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星期一, 六月 28, 2021
Dividends, Shareholders, Finance, Financial economics, Money, Corporate taxation, Taxation in Australia, Universal basic income, Ex-dividend date, Dividend imputation

MONTREAL, June 28, 2021 (GLOBE NEWSWIRE) -- Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Corporation) announced its monthly dividend.

Key Points: 
  • MONTREAL, June 28, 2021 (GLOBE NEWSWIRE) -- Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Corporation) announced its monthly dividend.
  • The declaration of a dividend payment of C$0.0067 per common share will be payable on July 16, 2021, to shareholders of record as of the close of business on July 8, 2021.
  • This dividend represents the sixteenth dividend and sixth monthly payment made to shareholders.
  • The Corporations monthly dividend qualifies as an eligible dividend for Canadian income tax purposes.

Portman Ridge Finance Corporation Closes Private Placement of $28 Million of 4.875% Senior Unsecured Notes due 2026

Retrieved on: 
星期四, 六月 24, 2021
Corporate taxation, NET

NEW YORK, June 24, 2021 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the Company or Portman Ridge), a business development company, today announced that on June 23, 2021, it closed a private placement of $28.0 million in aggregate principal amount of 4.875% senior unsecured notes due 2026 (the Notes).

Key Points: 
  • NEW YORK, June 24, 2021 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the Company or Portman Ridge), a business development company, today announced that on June 23, 2021, it closed a private placement of $28.0 million in aggregate principal amount of 4.875% senior unsecured notes due 2026 (the Notes).
  • The Notes have identical terms to the Companys $80.0 of aggregate principal amount of 4.875% Notes due 2026 that were issued on April 30, 2021.
  • The net proceeds to the Company were approximately $27.4 million, after deducting payment of fees and estimated offering expenses.
  • Any offers of the Notes will be made only by means of a private offering memorandum.

Wiley Increases Quarterly Dividend for 28th Consecutive Year

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星期三, 六月 23, 2021
Education, Science, Other Education, Research, Corporate finance, Stock market, Dividends, Shareholders, Share repurchase, Finance, Financial economics, Corporate taxation, Taxation in Australia

The quarterly dividend is equivalent to an annual dividend of $1.38 per share, an increase from $1.37 per share in Fiscal 2021.

Key Points: 
  • The quarterly dividend is equivalent to an annual dividend of $1.38 per share, an increase from $1.37 per share in Fiscal 2021.
  • It was Wileys 28th consecutive annual increase.
  • In Fiscal 2021, Wiley grew Free Cash Flow by 48% to $257 million, distributing $77 million for dividends and $16 million for share repurchases.
  • Today, our high-impact content, platforms, and services help researchers, learners, institutions, and corporations achieve their goals in an ever-changing world.

Procede Software Launches Excede Asset Management, a Powerful Solution that Adds Value by Automating Key Dealership Finance and Accounting Practices

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星期二, 六月 22, 2021
Money, Valuation, Economy, Depreciation, Corporate taxation, Capital, Accounting, Articles, Asset, Book value, Excede

The solution reflects Procede Software's ongoing commitment to adding value by extending the capabilities of the business system and its functionalitywithout adding costs to the dealerships.

Key Points: 
  • The solution reflects Procede Software's ongoing commitment to adding value by extending the capabilities of the business system and its functionalitywithout adding costs to the dealerships.
  • Key functionality in the Excede Asset Management application includes:
    Depreciation: Manage vehicle depreciation as a single entry or by module, and automatically track book value and accumulated depreciation.
  • "Asset Management is a powerful software solution that is helping to simplify our workflow as well as increase productivity and efficiency within our department.
  • Asset Management is fully integrated with Excede Accounting and can be run as a standalone browser application or be embedded within Excede DMS.

PHFA now accepting bids for purchase of mixed-use development tax credits

Retrieved on: 
星期一, 六月 21, 2021
Tax credit, Property tax, Taxpayer, Corporate taxation, Dividends, Taxation in Australia, Economy, Tax break

HARRISBURG, Pa., June 21, 2021 /PRNewswire/ -- The Pennsylvania Housing Finance Agency announced today that it is accepting bids for the purchase of $3 million in mixed-use development tax credits.

Key Points: 
  • HARRISBURG, Pa., June 21, 2021 /PRNewswire/ -- The Pennsylvania Housing Finance Agency announced today that it is accepting bids for the purchase of $3 million in mixed-use development tax credits.
  • These tax credits will be used by the winning bidders which can be companies, organizations or individuals to reduce their state tax liability.
  • PHFA was authorized to sell these tax credits through directed or negotiated sale to any qualified taxpayer.
  • More information about the mixed-use development tax credit and the current bidding process is available on the PHFA website (scroll down).

CBTX, Inc. Declares Quarterly Dividend

Retrieved on: 
星期四, 六月 17, 2021
Shareholders, Corporate finance, Dividends, Companies, Corporate taxation, Taxation in Australia, Finance, Amegy Bank of Texas

HOUSTON, June 17, 2021 (GLOBE NEWSWIRE) -- CBTX, Inc. (Nasdaq: CBTX), the bank holding company for CommunityBank of Texas N.A., today announced that its Board of Directors declared a quarterly cash dividend in the amount of $0.13 per share of common stock.

Key Points: 
  • HOUSTON, June 17, 2021 (GLOBE NEWSWIRE) -- CBTX, Inc. (Nasdaq: CBTX), the bank holding company for CommunityBank of Texas N.A., today announced that its Board of Directors declared a quarterly cash dividend in the amount of $0.13 per share of common stock.
  • The dividend will be payable on July 15, 2021 to shareholders of record as of the close of business on July 1, 2021.
  • CBTX, Inc. is the bank holding company for CommunityBank of Texas, N.A., a community bank, offering commercial banking solutions to small and mid-sized businesses and professionals in Houston, Dallas, Beaumont and surrounding communities in Texas.
  • Visit www.communitybankoftx.com for more information.

PASSUR Aerospace Announces Four Consecutive Quarters of Income from Operations, with Income from Operations of $609,000 and $1,126,000 for the Six Months and the Last Twelve Months Ended April 30, 2021

Retrieved on: 
星期四, 六月 17, 2021
Economy, Money, Finance, Asset, Accounting, Corporate taxation, Depreciation, Amortization, Airline, Impairment

The prior period losses were after the impairment charge of $9,874,000 noted above.

Key Points: 
  • The prior period losses were after the impairment charge of $9,874,000 noted above.
  • For the last twelve months, ended April 30, 2021, the Company's revenues were $7,285,000, and income from operations was $1,126,000, after deducting $1,068,000 in depreciation, amortization, and stock-based compensation.
  • Our collaborative framework uniquely enhances data sharing, communications, and decision-making within and between stakeholders in an operations ecosystem.
  • PASSUR provides its solutions to the largest airlines and airports globally including in the United States, Canada, and Latin America.