Day: October 21, 2020

TC PipeLines, LP announces third quarter 2020 cash distribution

Written by Customer Service on October 21, 2020. Posted in Dividend Reports And Estimates.

HOUSTON, Oct. 21, 2020 (GLOBE NEWSWIRE) — TC PipeLines, LP (NYSE: TCP) (the Partnership) today announced that the board of directors of TC PipeLines GP, Inc., its general partner, declared the Partnership’s third quarter 2020 cash distribution of $0.65 per common unit. The distribution is unchanged from the distribution declared for the first two quarters of 2020.This cash distribution is the 86th consecutive quarterly distribution paid by the Partnership and is payable on November 13, 2020 to common unitholders of record at the close of business on November 2, 2020.About TC PipeLines, LPTC PipeLines, LP is a Delaware master limited partnership with interests in eight federally regulated U.S. interstate natural gas pipelines which serve markets in the Western, Midwestern and Northeastern United States. The Partnership is managed...

Armstrong World Industries Declares Increased Cash Dividend for Third Quarter 2020

Written by Customer Service on October 21, 2020. Posted in Dividend Reports And Estimates.

LANCASTER, Pa., Oct. 21, 2020 (GLOBE NEWSWIRE) — Armstrong World Industries, Inc. (NYSE:AWI), a leader in the design, innovation and manufacture of commercial and residential ceiling, wall and suspension system solutions, today announced that its Board of Directors has approved an increase in the company’s regular quarterly cash dividend to a rate of $0.21 per share of common stock ($0.84 per share on an annualized basis). This represents an increase of 5% over the previous quarterly dividend rate of $0.20 per share.The company’s Board of Directors also declared the cash dividend for the third quarter of 2020 to be payable on November 19, 2020, to shareholders of record as of the close of business on November 5, 2020.“Despite market challenges, our strong cash flow performance continues, and we are on track to deliver over $200...

Worldline: Suite au très large succès de l’offre publique amicale de Worldline sur Ingenico, l’offre est réouverte du 22 octobre au 4 novembre

Written by Customer Service on October 21, 2020. Posted in Mergers And Acquisitions.

Suite au très large succès de l’offre publique amicale de Worldline sur Ingenico, l’offre est réouverte du 22 octobre au 4 novembreBezons et Paris, le 21 octobre 2020Suite au très large succès de l’offre publique amicale de Worldline portant sur les actions et OCEANEs Ingenico1, l’offre est réouverte à compter du 22 octobre jusqu’au 4 novembre 2020 (inclus).L’offre réouverte permettra aux actionnaires et porteurs d’OCEANEs Ingenico n’ayant pas encore apporté leurs actions ou OCEANEs à l’offre de le faire selon des termes inchangés, à savoir :Une offre visant les actions Ingenico comprenant une offre mixte principale assortie, à titre subsidiaire et sous réserve de l’application d’un mécanisme de réduction (dit « mix and match »), d’une offre d’échange et d’une offre d’achat : Offre mixte principale : 11 actions Worldline et 160,5 euros...

SouthCrest Financial Group Reports Preliminary 3Q20 Earnings

Written by Customer Service on October 21, 2020. Posted in Earnings Releases And Operating Results.

ATLANTA, Oct. 21, 2020 (GLOBE NEWSWIRE) — Brian D. Schmitt, Chief Executive Officer of SouthCrest Financial Group, Inc. (SCSG:PK) announced today that the Company reported preliminary earnings of $2.40 million or $0.31/share for the third quarter ended September 30, 2020. Excluding non-core items, primarily securities gains, core earnings were $1.49 million, or $0.19/share. Total core net income was up 6% from 3Q19, and increased by 23% from 2Q20.“We continue to be thankful for the efforts of all of our team members during this stressful period, and the ongoing partnerships we have with our customers. This is a marathon that we will all finish together one day.”“Financially, we remain very comfortable with the credit and capital position at SouthCrest. Loan deferrals ended the quarter at 0.17% after hitting a high of nearly 18%...

Landstar System Reports Third Quarter Revenue of $1.086 Billion and Diluted Earnings Per Share of $1.61

Written by Customer Service on October 21, 2020. Posted in Earnings Releases And Operating Results.

JACKSONVILLE, Fla., Oct. 21, 2020 (GLOBE NEWSWIRE) — Landstar System, Inc. (NASDAQ: LSTR) reported revenue of $1.086 billion, an increase of approximately 7% over revenue of $1.012 billion reported in the 2019 third quarter. Diluted earnings per share of $1.61 in the 2020 third quarter represented an increase of approximately 19% over diluted earnings per share of $1.35 in the 2019 third quarter. 2020 third quarter diluted earnings per share was the second highest third quarter diluted earnings per share in the Company’s history, behind only the 2018 third quarter diluted earnings per share of $1.63. Gross profit (defined as revenue less the cost of purchased transportation and commissions to agents) was $160.9 million in the 2020 third quarter, an increase of approximately 5% compared to $152.6 million in the 2019 third quarter....

BCB Bancorp, Inc. Reports Third Quarter 2020 Net Income of $8.3 Million; Strong Results for Loan Deferrals and Net Interest Margin

Written by Customer Service on October 21, 2020. Posted in Earnings Releases And Operating Results.

BAYONNE, N.J., Oct. 21, 2020 (GLOBE NEWSWIRE) — BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank”), today reported net income of $8.3 million for the third quarter of 2020, compared to $2.7 million for the second quarter of 2020, and $5.2 million for the third quarter of 2019. Earnings per diluted share for the third quarter of 2020 were $0.47, compared to $0.14 in the preceding quarter and $0.30 in the third quarter of 2019. For the first nine months of the year, net income was $13.6 million, or $0.73 per diluted common share, compared with $15.9 million, or $0.91 per diluted common share, for the first nine months of 2019.“Financial results for the third quarter improved substantially compared to both the prior quarter and prior year’s third quarter, reflecting strong earnings...

Crown Castle Reports Third Quarter 2020 Results, Updates Full Year 2020 Outlook, Provides Outlook for Full Year 2021 and Announces 11% Increase to Common Stock Dividend

Written by Customer Service on October 21, 2020. Posted in Earnings Releases And Operating Results.

HOUSTON, Oct. 21, 2020 (GLOBE NEWSWIRE) — Crown Castle International Corp. (NYSE: CCI) (“Crown Castle”) today reported results for the third quarter ended September 30, 2020, updated its outlook for full year 2020 and issued its full year 2021 outlook as reflected in the table below.(a) Attributable to CCIC common stockholders.(b) See “Non-GAAP Financial Measures, Segment Measures and Other Calculations” for further information and reconciliation of this non-GAAP financial measure to net income (loss).(c) As issued on October 21, 2020.“We delivered solid results in the third quarter and remain on track to generate growth in AFFO per share for 2020 that is consistent with our long-term growth target of 7% to 8% per year,” stated Jay Brown, Crown Castle’s Chief Executive Officer. “I’m...

ARMOUR Residential REIT, INC. Announces September 30, 2020 Financial Position And Q3 Results

Written by Customer Service on October 21, 2020. Posted in Earnings Releases And Operating Results.

VERO BEACH, Florida, Oct. 21, 2020 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR PRC) (“ARMOUR” or the “Company”) today announced the Company’s September 30, 2020 financial position and Q3 results and provided further detail on the completed transition of its portfolio to focus exclusively on agency-guaranteed mortgage backed securities (“Agency MBS”).September 30, 2020 Financial PositionARMOUR’s stockholders’ equity totaled $892 million, including:Common stock outstanding of 64,730,155 shares, and7.00% Cumulative Redeemable Preferred C Stock (“Series C Preferred Stock”) with liquidation preference totaling $133 million.ARMOUR’s book value per common share was $11.74 per share.ARMOUR’s liquidity, including cash and unencumbered securities, was $571 million.ARMOUR’s...

Eagle Bancorp, Inc. Announces Record Net Income for Third Quarter 2020 of $41.3 Million

Written by Customer Service on October 21, 2020. Posted in Earnings Releases And Operating Results.

BETHESDA, Md., Oct. 21, 2020 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (the “Company”) (NASDAQ: EGBN), the parent company of EagleBank (the “Bank”), today announced quarterly net income of $41.3 million for the three months ended September 30, 2020, a 13.2% increase, as compared to $36.5 million net income for the three months ended September 30, 2019. Net income per basic and diluted common share for the three months ended September 30, 2020 was $1.28 compared to $1.07 for the same period in 2019.Third Quarter Key MetricsRecord net income of $41.3 million supported by gain on sale of loans of $12.2 millionLower credit costs and OREO recoveryNet interest margin of 3.08%Nonperforming assets were 0.62% of total assets and the allowance for credit losses on loans was 1.40% of total loans (CECL adopted January 1, 2020)Improved operating...

Altra Industrial Motion Corp. Announces Fourth Quarter 2020 Dividend

Written by Customer Service on October 21, 2020. Posted in Dividend Reports And Estimates.

BRAINTREE, Mass., Oct. 21, 2020 (GLOBE NEWSWIRE) — Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.06 per share for the fourth quarter of 2020. The fourth quarter 2020 dividend is the thirty-fifth consecutive dividend in the Company’s history. The dividend will be paid on January 5, 2021 to shareholders of record as of the close of business on December 18, 2020. Future declarations of quarterly cash dividends are subject to approval by the Board of Directors and to the Board’s continuing determination that the declaration of dividends is in the best interests of Altra’s shareholders and is in compliance with all...

Day: October 21, 2020

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