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Day: January 23, 2023

Middlefield Streamlines Actively Managed Global Funds Platform

Written by Customer Service on . Posted in Dividend Reports And Estimates.

TORONTO, Jan. 23, 2023 (GLOBE NEWSWIRE) — Middlefield Group is pleased to announce we will be undertaking three mergers to create a more straightforward and cost-effective funds platform. The Manager believes these mergers will benefit unitholders of both the terminating and continuing funds, as the continuing funds will constitute larger and more liquid investments, resulting in tighter bid-ask spreads, lower expense ratios and unit prices that trade closer to their net asset value as compared to the terminating funds. Middlefield Healthcare Dividend ETF Middlefield Healthcare Dividend ETF (“Healthcare ETF”) (TSX:MHCD), established in 2014,   has a track record of providing tax-efficient monthly distributions and steady capital appreciation through investing in a high conviction, diversified portfolio of companies operating in...

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Targa Resources Corp. to Participate in U.S. Capital Advisors Midstream Corporate Access Day

Written by Customer Service on . Posted in Public Companies.

HOUSTON, Jan. 23, 2023 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that representatives from the Company will participate in investor meetings at the U.S. Capital Advisors Midstream Corporate Access Day on Tuesday, January 24, 2023 in Houston, TX. A copy of the slides used for the conference meetings will be available in the Investors section of the Company’s website at www.targaresources.com, or by going to https://www.targaresources.com/investors/events. About Targa Resources Corp. Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent midstream infrastructure companies in North America. The Company owns, operates, acquires and develops a diversified portfolio of complementary domestic midstream infrastructure assets and...

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Timbercreek Financial Declares January 2023 Dividend

Written by Customer Service on . Posted in Dividend Reports And Estimates.

TORONTO, Jan. 23, 2023 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on February 15, 2023 to holders of Common Shares of record on January 31, 2023. The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees. Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price...

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NBT Bancorp Inc. Announces Full Year Net Income of $152.0 Million ($3.52 Per Diluted Common Share); Approves Dividend

Written by Customer Service on . Posted in Dividend Reports And Estimates.

NORWICH, N.Y., Jan. 23, 2023 (GLOBE NEWSWIRE) — NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the quarter and year ended December 31, 2022. Net income for the year ended December 31, 2022 was $152.0 million, or $3.52 per diluted common share, compared to $154.9 million, or $3.54 per diluted share, in the prior year.Generated positive operating leverage of $21.7 million with total revenues increasing 8.1%, or $38.9 million, while operating expenses were higher by 6.0%, or $17.2 million. Net interest income in 2022 improved in comparison to 2021, primarily due to higher yields on earning assets due to increases in the Federal Reserve’s targeted Federal Funds rate combined with growth in earning assets, strongly overcoming a $17.6 million ($0.31 per diluted share)...

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New Brand of Luxury Vinyl Plank Flooring Enters the Market Under North Star Flooring

Written by Customer Service on . Posted in Mergers And Acquisitions.

North Star Flooring opens for business with a mission to provide beautiful, durable residential and commercial flooring solutions. Harrisburg, PA, Jan. 23, 2023 (GLOBE NEWSWIRE) — North Star Flooring is officially open for business to meet the evolving needs of the commercial and residential flooring industries. With the acquisition of another Harrisburg-based manufacturer, SAR Floors, North Star Flooring enters the market with an established and trusted brand in its portfolio. The company was established with a mission to professionally guide customers toward better floors that balance lifestyle with art. North Star Flooring carries a diverse lineup of Click and Glue Down Vinyl Plank to serve both the Residential and Commercial markets. North Star works closely with flooring distributors and National retailers, as well as designers...

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McKinsey & Company Acquires Iguazio to Accelerate & Scale Enterprise AI

Written by Customer Service on . Posted in Mergers And Acquisitions.

Acquisition will enable Artificial Intelligence’s (AI) full power and potential to be realized across commercial, social, and environmental initiatives. NEW YORK, Jan. 23, 2023 (GLOBE NEWSWIRE) — McKinsey & Company today (23rd January) announced that it has acquired Iguazio, a Tel-Aviv-based leader in Artificial Intelligence and Machine Learning. McKinsey will be able to accelerate and scale AI deployments dramatically with the addition of Iguazio’s technology and a team of 70+ data and AI experts. To thrive in today’s competitive market, harnessing the power of Artificial Intelligence (AI) is essential. According to McKinsey research, more than $490B was invested in AI by organizations around the globe from 2012-2021. But for most, the actual value of those investments has yet to be realized, with only one in ten projects...

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Franklin Electric Declares Payment of Increased Quarterly Cash Dividend

Written by Customer Service on . Posted in Dividend Reports And Estimates.

FORT WAYNE, Ind., Jan. 23, 2023 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.225 per share payable February 16, 2023, to shareholders of record on February 2, 2023. This represents a 15 percent increase from the prior quarterly dividend. “This dividend increase will mark the 31st consecutive year that Franklin Electric has increased its dividend, demonstrating its commitment to returning cash to shareholders and confidence in the outlook of the business,” commented Gregg Sengstack, Franklin Electric’s Chairperson and Chief Executive Officer. Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and fuel. Recognized as a technical leader in its products and services,...

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