Day: October 26, 2022

SAN JOSE, Calif., Oct. 26, 2022 (GLOBE NEWSWIRE) — At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company’s 311th consecutive quarterly dividend in the amount of $0.25 per common share. It will be payable on November 18, 2022 to stockholders of record on November 7, 2022. California Water Service Group earnings results will be released at 9:00 am ET on October 27, 2022 with its conference call to follow at 11:00 a.m. ET. All stockholders and interested investors are invited to attend the conference call. To attend, please dial 1-800-715-9871 or 1-646-307-1963 and keying in ID# 5254006, or you may access the live audio webcast at https://ir.calwatergroup.com/calendar/upcoming-events. Please join at least 15 minutes in advance to ensure a timely connection to the call. California...

DUNKIRK, N.Y., Oct. 26, 2022 (GLOBE NEWSWIRE) — Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), reported unaudited net income of $1.8 million, or $0.30 per diluted share, for the 2022 third quarter compared to net income of $1.7 million, or $0.29 per diluted share, for the 2021 third quarter. For the first nine months of 2022, the Company reported unaudited net income of $4.5 million, or $0.77 per diluted share, as compared to $4.4 million, or $0.74 per diluted share, for the first nine months of 2021. 2022 Third Quarter and Year to Date Financial Highlights:2022 third quarter net income increased $80,000, or 4.7%, when compared to 2021 third quarter net income primarily due to a $508,000 increase in net interest income which was partially offset by increases...

GLENWOOD SPRINGS, Colo., Oct. 26, 2022 (GLOBE NEWSWIRE) — Alpine Banks of Colorado (OTCQX: ALPIB) (“Alpine” or the “Company”), the holding company for Alpine Bank (the “Bank”), today announced results (unaudited) for the third quarter ended September 30, 2022. The Company reported net income of $22.4 million, or $208.49 per basic Class A common share and $1.39 per basic Class B common share, for third quarter 2022. Achievements in third quarter 2022, and the past 12 months, include:Basic earnings per Class A common share increased 21.6%, or $36.97, during third quarter 2022 Basic earnings per Class A common share increased 13.3%, or $59.18, during the 12 months ended September 30, 2022 Basic earnings per Class B common share increased 21.6%, or $0.25, during third quarter 2022 Basic earnings per Class B common share increased...

Drivers, Restraints, Opportunities, and Challenges in Personal Protective Equipment Market Chicago, Oct. 26, 2022 (GLOBE NEWSWIRE) — The global Personal Protective Equipment Market will be USD 64.2 billion by 2027, at a CAGR of -1.3% from USD 68.5 billion in 2022. This growth is primarily triggered by the rising awareness about workplace safety, stringent regulations in developed countries and outbreak of Covid-19 pandemic. According to OSHA, workplace injuries have witnessed an increase each year in the US. OSHA reported that workplace eye injury costs an estimated USD 300 million a year in medical treatment, lost productivity, and worker compensation. Data from the U.S. Bureau of Labor Statistics (BLS) also supports the fact, stating that most of the injured workers were not wearing PPE at the time of the accident. Several losses,...

ASHEVILLE, N.C., Oct. 26, 2022 (GLOBE NEWSWIRE) — HomeTrust Bancshares, Inc. (NASDAQ: HTBI) (“Company”), the holding company of HomeTrust Bank (“Bank”), today announced preliminary net income for the first quarter of fiscal year 2023 and an increase in its quarterly cash dividend. For the quarter ended September 30, 2022 compared to the quarter ended June 30, 2022:net income was $9.2 million compared to net income of $6.0 million; diluted earnings per share (“EPS”) was $0.60 compared to $0.39; annualized return on assets (“ROA”) was 1.02% compared to 0.68%; annualized return on equity (“ROE”) was 9.25% compared to 6.19%; net interest income was $34.5 million compared to $28.9 million; provision for credit losses was $4.0 million compared to $3.4 million; noninterest...

MONTREAL, Oct. 26, 2022 (GLOBE NEWSWIRE) — Dynacor Group Inc. (TSX: DNG) (Dynacor or the Corporation) announced its monthly dividend. The declaration of a dividend payment of C$0.0083 per common share will be payable on November 17, 2022, to shareholders of record as of the close of business on November 9, 2022. This dividend represents the thirty second (32st) dividend and twenty second (22st) monthly payment made to shareholders. The Corporation’s monthly dividend qualifies as an “eligible dividend” for Canadian income tax purposes. The payment and increase of dividends are at the discretion of the Board and will depend on the Corporation’s financial results, cash requirements, prospects and other factors deemed relevant by the Board. ABOUT DYNACOR Dynacor is a dividend-paying industrial gold ore processor headquartered in Montreal,...

VERO BEACH, Florida, Oct. 26, 2022 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the November 2022 cash dividend for the Company’s Common Stock. November 2022 Common Stock Dividend InformationMonth   Dividend   Holder of Record Date   Payment DateNovember 2022   $0.10   November 15, 2022   November 28, 2022Certain Tax Matters ARMOUR 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 of...