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Day: July 27, 2022

Fortis Inc. Announces Third Quarter Dividends – 2022

ST. JOHN’S, Newfoundland and Labrador, July 27, 2022 (GLOBE NEWSWIRE) —                         The Board of Directors of Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS) has declared the following dividends:$0.3063 per share on the First Preference Shares, Series “F” of the Corporation, payable on September 1, 2022 to the Shareholders of Record at the close of business on August 19, 2022;   $0.2745625 per share on the First Preference Shares, Series “G” of the Corporation, payable on September 1, 2022 to the Shareholders of Record at the close of business on August 19, 2022;   $0.11469 per share on the First Preference Shares, Series “H” of the Corporation, payable on September 1, 2022 to the Shareholders of Record at the close of business on August...

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Life & Banc Split Corp. Completes Treasury Offering

Not for distribution to U.S. newswire services or for dissemination in the United States. TORONTO, July 27, 2022 (GLOBE NEWSWIRE) — (TSX: LBS, LBS.PR.A) Life & Banc Split Corp. (the “Company”) is pleased to announce that it has completed a treasury offering of class A shares and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively) for aggregate gross proceeds of approximately $43.3 million. The Class A Shares and Preferred Shares will trade on the Toronto Stock Exchange under the existing symbols LBS (Class A Shares) and LBS.PR.A (Preferred Shares). The Class A Shares were offered at a price of $8.65 per Class A Share for a distribution rate of 13.9% on the issue price, and the Preferred Shares were offered at a price of $10.00 per Preferred Share for a yield to maturity of 5.6%.(1) The Class A Share...

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ARMOUR Residential REIT, Inc. Announces August 2022 Dividend Rate Per Common Share

VERO BEACH, Florida, July 27, 2022 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the August 2022 cash dividend for the Company’s Common Stock. August 2022 Common Stock Dividend InformationMonth   Dividend   Holder of Record Date   Payment DateAugust 2022   $0.10   August 15, 2022   August 29, 2022             Certain Tax MattersARMOUR has elected to be taxed as a real estate investment trust (“REIT”) for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income. Dividends paid in excess of current tax earnings and profits for the year will generally not be taxable to common stockholders. Actual dividends are determined at the discretion...

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