Day: February 14, 2020

The initial target distribution yield for the Fund is 5% per annum based on the original subscription price (or $0.04167 per unit per month or $0.50 per unit per annum).

RENTON, Wash., Feb. 14, 2020 (GLOBE NEWSWIRE) — First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share on the Company’s outstanding common stock, an increase of $0.01 per share from its previous quarterly payout. The payout results in an annualized dividend yield of approximately 2.63% based on the stock price as of February 13, 2020. The cash dividend will be payable on March 27, 2020, to shareholders of record on March 13, 2020.First Financial Northwest, Inc. is the parent company of First Financial Northwest Bank, an FDIC insured Washington State-chartered commercial bank headquartered in Renton, Washington, serving the Puget Sound Region through 12 full-service...

GREENWICH, Conn., Feb. 14, 2020 (GLOBE NEWSWIRE) — Oxford Lane Capital Corp. (the “Company”) (NasdaqGS: OXLC, OXLCO, OXLCM and OXLCP) announced today its Board of Directors has declared the required monthly dividends on its 6.25% Series 2027 Term Preferred Shares as follows:__________________(1)       Includes the initial accrual period commencing February 11, 2020, the date the 6.25% Series 2027 Term Preferred Shares were issued.In accordance with its terms, the 6.25% Series 2027 Term Preferred Shares will pay a monthly dividend at a fixed rate of 6.25% of the $25.00 per share liquidation preference, or $1.5625 per share per year. This fixed annual dividend rate is subject to adjustment under certain circumstances, but will not, in any case, be lower than 6.25% for the 6.25% Series 2027 Term Preferred Shares.About Oxford Lane Capital...

GLENVIEW, Ill., Feb. 14, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company’s common stock of $1.07 per share for the first quarter of 2020. The dividend equates to $4.28 per share on a full-year basis. The dividend will be paid on Wednesday, April 15, 2020 to shareholders of record as of March 31, 2020.About Illinois Tool WorksITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $14.1 billion in 2019. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 45,000 dedicated colleagues around the world thrive in the company’s...

CALGARY, Alberta, Feb. 14, 2020 (GLOBE NEWSWIRE) — Badger Daylighting Ltd. (“Badger”) is pleased to announce its February 2020 cash dividend and upcoming events.February 2020 Cash DividendBadger today announced that the directors of Badger declared a cash dividend for the month of February 2020 of $0.0475 per share, which equates to $0.57 per share on an annualized basis. Payment will be made on or about March 16, 2020, to shareholders of record on February 29, 2020.Badger expects that the dividend will be an “eligible dividend” for Canadian income tax purposes and thus qualify for the enhanced gross-up and tax credit regime for certain shareholders.2019 Annual and Fourth Quarter Results and Conference CallBadger expects to release its 2019 annual and fourth quarter results on Wednesday, March 11, 2020, after the close of market...

STRASBURG, Va., Feb. 14, 2020 (GLOBE NEWSWIRE) — The Board of Directors of First National Corporation (Nasdaq: FXNC) declared a quarterly cash dividend of $0.11 per share on February 12, 2020.  This was a 22% increase compared to the quarterly dividend paid on December 13, 2019.  The dividend is payable on March 13, 2020 to shareholders of record as of February 28, 2020. FORWARD-LOOKING STATEMENTSCertain information contained in this discussion may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements relate to the Company’s future operations and are generally identified by phrases such as “the Company expects,” “the Company believes” or words of similar import. Although...

TORONTO, Feb. 14, 2020 (GLOBE NEWSWIRE) — Firm Capital American Realty Partners Trust (the “Trust”), (TSXV: FCA.UN), (TSXV: FCA.U) is pleased to announce its cash distribution for the quarter ended March 31, 2020.Unitholders of record on March 31, 2020 are to receive a quarterly distribution of $0.059 per trust unit payable on or about April 15, 2020.DISTRIBUTION REINVESTMENT PLAN & UNIT PURCHASE PLANThe Trust has in place a Distribution Reinvestment Plan (“DRIP”) and Unit Purchase Plan (the “UPP”). Under the terms of the DRIP, Unitholders may elect to automatically reinvest all or a portion of their regular monthly distributions in additional Units, without incurring brokerage fees or commissions. Under the terms of the UPP, Unitholders may purchase a minimum of $3,000 of Units per calendar quarter and maximum purchases of...

MARKHAM, Ontario, Feb. 14, 2020 (GLOBE NEWSWIRE) — Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today announced a dividend of $0.078 per common share of the Company (each, a “Common Share”) for the month of February 2020, representing $0.936 per Common Share on an annualized basis.The dividend will be payable on March 13, 2020 to shareholders of record as at February 28, 2020. The Company’s dividends are designated as eligible dividends for Canadian tax purposes in accordance with subsection 89(14) of the Income Tax Act (Canada), and any applicable corresponding provincial and territorial legislation.Sienna has a Dividend Reinvestment Plan (the “DRIP”) which allows eligible shareholders of the Company to direct that their cash dividends be reinvested in additional Common Shares. Common Shares issued pursuant...

DUBLIN, Ga., Feb. 14, 2020 (GLOBE NEWSWIRE) — Morris State Bancshares (OTCQX: MBLU) (the “Company”), the parent of Morris Bank, today announced net income of $13.6 million for the year ended December 31, 2019, representing a decrease of $1.6 million, or 10.60%, compared to net income of $15.2 million for the year ended December 31, 2018. The company also announced diluted earnings per share of $6.82 for 2019, representing a 18.23% decrease over diluted earnings per share of $8.34 for 2018. Net income for 2019 was impacted by a one-time merger related expense of $924 thousand related to the Company’s completed acquisition of FMB Equibanc, Inc. (“FMB”) as well as income tax expense of $2.1 million in 2019, versus none in 2018 as the company converted to a C corporation during 2019.  Excluding merger related expenses, 2019 pre-tax...