Month: January 2023

NEWPORT NEWS, Va., Jan. 31, 2023 (GLOBE NEWSWIRE) — HII (NYSE: HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.24 per share, payable on March 10, 2023, to shareholders of record as of the close of business on Feb. 24, 2023. About HII HII is a global, all-domain defense provider. HII’s mission is to deliver the world’s most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world. As the nation’s largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII’s workforce is 43,000 strong. For more information,...

NEW YORK, Jan. 30, 2023 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT” or the “Company”) today announced the following tax treatment of common and preferred stock dividends declared in 2022. This information is provided to assist stockholders with tax reporting requirements related to dividend distributions of taxable income by the Company. Stockholders should review the 2022 tax statements received from their brokerage firms or other institutions to ensure that the statements agree with the information provided below. Also, as each stockholder’s tax situation may be different, stockholders are encouraged to consult with their own professional tax advisor with respect to their specific tax treatment of the Company’s dividend distributions. NYMT is required to report the portion of its 2022 dividends...

MALVERN, Pa., Jan. 30, 2023 (GLOBE NEWSWIRE) — Meridian Corporation (Nasdaq: MRBK) today reported:Net income of $21.8 million and diluted earnings per share of $3.58 for the year ended December 31, 2022, and net income of $4.6 million and diluted earnings per share of $0.77 for the fourth quarter ended December 31, 2022. Return on average assets and return on average equity for the year ended December 31, 2022 were 1.18% and 13.87%, respectively; while the return on average assets and return on average equity for the fourth quarter of 2022 were 0.92% and 11.91%, respectively. Net interest margin was 3.98% for the year ended December 31, 2022 and 3.93% for the fourth quarter of 2022. Total assets at December 31, 2022 were $2.1 billion, compared to $1.9 billion at September 30, 2022 and $1.7 billion at December 31, 2021. Fourth...

SALT LAKE CITY, Jan. 30, 2023 (GLOBE NEWSWIRE) — Medallion Bank (Nasdaq: MBNKP, the “Bank”), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners, announced today its results for the quarter and year ended December 31, 2022. The Bank is a wholly owned subsidiary of Medallion Financial Corp. (Nasdaq: MFIN). 2022 Fourth Quarter HighlightsNet income of $19.7 million, compared to net income of $19.0 million in the prior year quarter. Net interest income of $44.4 million with a net interest margin of 9.2%, compared to $37.3 million and 9.9% in the prior year quarter. Provision for loan losses was $8.4 million, compared to $1.6 million in the prior year quarter. Annualized net charge-offs were 1.7% of...

FORT COLLINS, Colo., Jan. 30, 2023 (GLOBE NEWSWIRE) —  Woodward, Inc. (NASDAQ: WWD) today announced that its Board of Directors approved a dividend of $0.22 per share, up from the prior quarter’s dividend of $0.19 per share. The dividend will be payable on March 7, 2023, for stockholders of record as of February 21, 2023. About Woodward, Inc. Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Together with our customers, we are enabling the path to a cleaner, decarbonized world. Our innovative fluid, combustion, electrical, propulsion and motion control systems perform in some of the world’s harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com. Notice...

VERO BEACH, Florida, Jan. 30, 2023 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the February 2023 cash dividend for the Company’s Common Stock. February 2023 Common Stock Dividend InformationMonth   Dividend   Holder of Record Date   Payment DateFebruary 2023   $0.10   February 15, 2023   February 27, 2023Certain 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...

RENTON, Wash., Jan. 30, 2023 (GLOBE NEWSWIRE) — First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share on the Company’s outstanding common stock, a $0.01 increase from the prior quarter. The cash dividend will be payable on March 24, 2023, to shareholders of record on March 14, 2023. 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 15 full-service banking offices. For additional information about us, please visit our website at ffnwb.com and click on the “Investor Relations” link...

HOUSTON, Jan. 27, 2023 (GLOBE NEWSWIRE) — Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) released the federal income tax treatment of 2022 cash distributions to holders of common shares (CUSIP 966084204). The federal tax treatment of 2022 distributions as it is expected to be reported on Form 1099-DIV is as follows:Record Date Payable Date Total Distribution Per Share Ordinary Dividends Total Capital Gain Distribution Unrecaptured Sec 1250 Gain Return of Capital (Nontaxable Distribution) Section 199A Dividends (1)1/4/2022 1/13/2022 $0.035833 $0.035833 $0.000000 $0.000000 $0.000000 $0.0358332/2/2022 2/11/2022 $0.035833 $0.035833 $0.000000 $0.000000 $0.000000 $0.0358333/2/2022 3/11/2022 $0.035833 $0.035833 $0.000000 $0.000000 $0.000000 $0.0358334/4/2022 4/14/2022 $0.040000 $0.040000 $0.000000 $0.000000 $0.000000 $0.0400005/3/2022 5/12/2022 $0.040000 $0.040000 $0.000000 $0.000000 $0.000000 $0.0400006/2/2022 6/14/2022 $0.040000 $0.040000 $0.000000 $0.000000 $0.000000 $0.0400007/5/2022 7/13/2022 $0.040000 $0.040000 $0.000000 $0.000000 $0.000000 $0.0400008/2/2022 8/12/2022 $0.040000 $0.040000 $0.000000 $0.000000 $0.000000 $0.0400009/6/2022 9/14/2022 $0.040000 $0.040000 $0.000000 $0.000000 $0.000000 $0.04000010/4/2022 10/12/2022 $0.040000 $0.040000 $0.000000 $0.000000 $0.000000 $0.04000011/2/2022 11/14/2022 $0.040000 $0.040000 $0.000000 $0.000000 $0.000000 $0.04000012/2/2022 12/14/2022 $0.040000 $0.040000 $0.000000 $0.000000 $0.000000 $0.040000  2022...

CHICAGO, Jan. 27, 2023 (GLOBE NEWSWIRE) — Amplify ETFs announces January income distributions for its income ETFs.ETF Name Ticker Amount per Share Ex-Date Record Date Payable DateAmplify CWP Enhanced Dividend Income ETF DIVO $0.14372 1/27/2023 1/30/2023 1/31/2023Amplify International Enhanced Dividend Income ETF IDVO $0.14035 1/27/2023 1/30/2023 1/31/2023Amplify High Income ETF YYY $0.12000 1/27/2023 1/30/2023 1/31/2023Amplify Natural Resources Dividend Income ETF* NDIV $0.04468 12/29/2022 12/30/2022 1/31/2023*Special distribution declared in December 2022. Investors can learn more at AmplifyETFs.com. About Amplify ETFsAmplify ETFs, sponsored by Amplify Investments, has over $3.8 billion in assets across its suite of ETFs (as of 12/31/2022). Amplify believes the ETF structure empowers investors through efficiency,...

(VAB, VSB, VSC, VLB, VCB, VGV, VRIF, VRE and VDY) TORONTO, Jan. 27, 2023 (GLOBE NEWSWIRE) — On January 24th, 2023 Vanguard Investments Canada Inc. announced Vanguard ETF cash distributions for January 2023, over GlobeNewswire. We are advised by the company that the Cash Distribution Per Unit ($) for Vanguard FTSE Canada High Dividend Yield Index ETF should read $0.169373 instead of $0.023425. The complete, corrected release follows: Vanguard Investments Canada Inc. today announced the final January 2023 cash distributions for certain Vanguard ETFs, listed below, that trade on Toronto Stock Exchange (TSX). Unitholders of record on February 01, 2023 will receive cash distributions payable on February 08, 2023. Details of the “per unit” distribution amounts are as follows:  Vanguard ETF® TSX Ticker Symbol Distribution per Unit...