Month: July 2022

CORRECTION -- Taitron Announces Quarterly Cash Dividend

CORRECTION — Taitron Announces Quarterly Cash Dividend

LOS ANGELES, July 29, 2022 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Taitron Components Incorporated (NASDAQ:TAIT), please note the payable and records dates were switched and corrected in the first paragraph. The corrected release follows: Taitron Components Incorporated (NASDAQ:TAIT) today announced that its Board of Directors has declared a quarterly cash dividend of $0.045 per share of common stock, payable on August 31, 2022 to stockholders of record as of the close of business on August 12, 2022. Under our current dividend policy, the Company will target a cash dividend to our stockholders in the amount of $0.18 per share per annum, payable in equal $0.045 per share quarterly installments. Subsequent dividend declarations and the establishment of record and payment dates for such future...

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Clarus Corporation Declares Regular Quarterly Cash Dividend

Clarus Corporation Declares Regular Quarterly Cash Dividend

SALT LAKE CITY, July 29, 2022 (GLOBE NEWSWIRE) — Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, announced that its board of directors has approved the Company’s regular quarterly cash dividend of $0.025 per share. Th cash dividend will be paid on August 19, 2022, to all stockholders of record as of August 8, 2022. About Clarus Corporation Headquartered in Salt Lake City, Utah, Clarus Corporation is a global leading designer, developer, manufacturer and distributor of best-in-class outdoor equipment and lifestyle products focused on the outdoor and consumer enthusiast markets. Our mission is to identify, acquire and grow outdoor “super fan” brands through our unique “innovate and accelerate” strategy. We define a “super fan” brand as a brand...

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Middlesex Water Reports Second Quarter 2022 Earnings

Middlesex Water Reports Second Quarter 2022 Earnings

ISELIN, N.J., July 29, 2022 (GLOBE NEWSWIRE) — Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) a provider of water and wastewater services, today reported second quarter financial results. Second Quarter 2022 ResultsQuarterly consolidated operating revenues increased $3.0 million to $39.7 million compared to the same period in 2021. Revenues in our Middlesex System in New Jersey increased $4.4 million primarily due to the January 1, 2022 New Jersey Board of Public Utilities (the “NJBPU”) approved base rate increase. In our Delaware system, revenues decreased $0.1 million due to lower new customer connection fees. The sale of our regulated Delaware wastewater subsidiary in January 2022 reduced revenues by $0.7 million. Operation and maintenance expenses for the second quarter of 2022 increased $1.6 million from...

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Century Next Financial Corporation Reports 2nd Quarter 2022 Results

Century Next Financial Corporation Reports 2nd Quarter 2022 Results

RUSTON, La., July 28, 2022 (GLOBE NEWSWIRE) — Century Next Financial Corporation (the “Company”) (OTCQX: CTUY), the holding company of Century Next Bank, with $619.7 million in assets, today announced financial results for the 2nd quarter ended June 30, 2022. Financial Performance For the three months ended June 30, 2022, the Company had net income after tax of $1.49 million compared to net income of $155,000 for the three months ended June 30, 2021, an increase of $1.33 million or 860.0%. Earnings per share (EPS) for the three months ended June 30, 2022 were $0.84 per basic and diluted share compared to $0.09 per basic and diluted share reported for the three months ended June 30, 2021. For the six months ended June 30, 2022, Century Next Financial Corporation (the “Company”) had net income after tax of $2.58 million compared...

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Federal Home Loan Bank of Atlanta Declares a 4.11% Dividend for Second Quarter 2022

Federal Home Loan Bank of Atlanta Declares a 4.11% Dividend for Second Quarter 2022

ATLANTA, July 28, 2022 (GLOBE NEWSWIRE) — The board of directors of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today approved a second quarter 2022 cash dividend at an annualized rate of 4.11 percent. “FHLBank Atlanta works hard to deliver consistent value to our members through all economic cycles,” said FHLBank Atlanta Chair of the Board, Rick Whaley. “The board of directors is pleased to deliver this second quarter dividend to our members.” The dividend rate is 3.40 percentage points over the daily average Secured Overnight Financing Rate (SOFR) for the second quarter of 2022. The dividend payout will be calculated based on shareholders’ capital stock held during that period and will be credited to shareholders’ daily investment accounts at the close of business on August 2, 2022. If you have questions, please contact...

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Westamerica Bancorporation Declares Quarterly Cash Dividend and Announces Stock Repurchase Plan

Westamerica Bancorporation Declares Quarterly Cash Dividend and Announces Stock Repurchase Plan

SAN RAFAEL, Calif., July 28, 2022 (GLOBE NEWSWIRE) — The Board of Directors of Westamerica Bancorporation (NASDAQ: WABC) today declared a quarterly cash dividend of $0.42 per share on common stock outstanding to shareholders of record at the close of business August 8, 2022. The dividend is payable August 19, 2022. Westamerica Bancorporation’s Board of Directors also approved a plan to repurchase, as conditions warrant, up to 1,750,000 shares of the Company’s common stock on the open market or in privately negotiated transactions prior to September 1, 2023. The repurchase plan represents approximately 6.5 percent of the Company’s common stock outstanding as of June 30, 2022. Chairman, President and CEO David Payne stated, “This quarterly dividend recognizes Westamerica’s reliable earnings stream, financial strength and conservative...

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Baltic Horizon Fund declares quarterly cash distribution of approx. EUR 1.56 million to investors and announces changes to cash distribution frequency

Baltic Horizon Fund declares quarterly cash distribution of approx. EUR 1.56 million to investors and announces changes to cash distribution frequency

Decision on quarterly cash distribution: Northern Horizon Capital AS as the management company of Baltic Horizon Fund has approved a cash distribution of approx. 1.17% of Baltic Horizon Fund’s Q2 2022 weighted average net asset value to its unitholders. This equals approx. EUR 1.56 million in total and EUR 0.013 per unit. Baltic Horizon Fund aims to strengthen its cash balance position due to expected volatility in the market by not distributing the full generated cash flow. The pay-out also represents a 6.9% rolling distribution yield for the past 12 months based on the closing unit price on the last day of Q2 2022 on the Nasdaq Tallinn stock exchange. In Q2 2022, Baltic Horizon Fund generated an unaudited Generated Net Cash Flow (GNCF) from operations of approx. EUR 2.3 million. GNCF increased by EUR 0.4 million compared to Q1 2022....

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BayFirst Financial Corp. Declares Quarterly Cash Dividend of $0.08 Per Common Share

BayFirst Financial Corp. Declares Quarterly Cash Dividend of $0.08 Per Common Share

ST. PETERSBURG, Fla., July 28, 2022 (GLOBE NEWSWIRE) — BayFirst Financial Corp. (NASDAQ: BAFN) (the “Company”), parent company of BayFirst National Bank (the “Bank”), today announced its Board of Directors declared a quarterly cash dividend of $0.08 per common share. The dividend will be payable September 15, 2022 to common shareholders of record as of September 1, 2022. This dividend marks the 25th consecutive quarterly cash dividend paid since BayFirst initiated cash dividends in 2016. About BayFirst Financial Corp. BayFirst Financial Corp. is a registered bank holding company which commenced operations on September 1, 2000. Its primary source of income is from its wholly owned subsidiary, BayFirst National Bank (f/k/a First Home Bank), which commenced business operations on February 12, 1999. BayFirst National Bank...

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AMG Advanced Metallurgical Group N.V. Announces Interim Dividend

AMG Advanced Metallurgical Group N.V. Announces Interim Dividend

Amsterdam, 28 July 2022 (Regulated Information) — AMG Advanced Metallurgical Group N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) declares an interim dividend of €0.30 per ordinary share, from an interim dividend of €0.10 per ordinary share in the prior year. The interim dividend of €0.30 per ordinary share, in respect of the period from January 1, 2022 to June 30, 2022, is payable on August 10, 2022 to shareholders of record as of August 2, 2022. The ex-dividend date will be August 1, 2022. Dutch withholding tax will be deducted from the dividend at a rate of 15%. This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation. This press release contains regulated information as defined in the Dutch Financial Markets Supervision Act (Wet op het financieel toezicht). About AMG AMG is...

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Costamare Inc. Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2022

Costamare Inc. Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2022

MONACO, July 28, 2022 (GLOBE NEWSWIRE) — Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the second quarter (“Q2 2022”) and six-months ended June 30, 2022. I. RECORD PROFITABILITY IN A SECOND QUARTER SINCE NYSE LISTING Q2 2022 Net Income available to common stockholders of $114.1 million ($0.92 per share) vs $82.8 million ($0.67 per share) in Q2 2021. Q2 2022 Adjusted Net Income available to common stockholders1 of $118.6 million ($0.95 per share) vs $58.3 million ($0.47 per share) in Q2 2021. Q2 2022 liquidity of $854.1 million2 vs $564.6 million in Q2 2021. II. CLOSING OF $500 MILLION SYNDICATED LOAN FACILITY Refinancing of existing indebtedness of 17 vessels, secured by long term contracted cash flows, with a tenor of 5 years. Additional liquidity raised of approximately...

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