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Day: February 15, 2023

Northview Fund Announces February Distribution

Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Feb. 15, 2023 (GLOBE NEWSWIRE) — Northview Fund (the “Fund”) today announced its February 2023 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units Class (collectively, the “Units”), payable on March 15, 2023 to holders of Units of record at February 28, 2023. The distribution amounts will be as follows:C$0.10476 per Class A Unit, representing approximately C$1.26 per Unit on an annualized basis; C$0.11056 per Class C Unit, representing approximately C$1.33 per Unit on an annualized basis; C$0.10807 per Class F Unit, representing approximately C$1.30 per Unit on an annualized basis;About Northview Fund The Fund is a “closed-end fund” established pursuant to a declaration of trust...

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CAPREIT Announces February 2023 Distribution

TORONTO, Feb. 15, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its February 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The February distribution will be payable on March 15, 2023 to Unitholders of record on February 28, 2023. CAPREIT is Canada’s largest publicly-traded provider of quality rental housing. As at December 31, 2022, CAPREIT owns or has interests in approximately 67,000 residential apartment suites, townhomes and manufactured home community sites well-located across Canada and the Netherlands with approximately $17 billion of investment properties in Canada and Europe. Since its Initial Public Offering in May 1997, CAPREIT has grown monthly cash distributions per Unit by 103%. For more...

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North American Construction Group Ltd. Announces Record Results for the Fourth Quarter and Year Ended December 31, 2022

ACHESON, Alberta, Feb. 15, 2023 (GLOBE NEWSWIRE) — North American Construction Group Ltd. (“NACG”) (TSX:NOA/NYSE:NOA) today announced results for the fourth quarter and year ended December 31, 2022. Unless otherwise indicated, figures are expressed in Canadian dollars with comparisons to prior periods ended December 31, 2021. Fourth Quarter 2022 Highlights:Consistent operating conditions and equipment utilization of 75% resulted in the Company posting financial quarterly records for EBITDA, EBIT, earnings per share and free cash flow. Combined revenue of $320.1 million compared to $234.9 million in the same period last year reflected strong equipment utilization and a record quarter from our joint ventures. Scopes completed in Q4 resulted in combined revenue exceeding $1.0 billion, beating a top-line Company record...

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Armada Hoffler Announces Income Tax Treatment of Its 2022 Dividend Distributions

VIRGINIA BEACH, Va., Feb. 15, 2023 (GLOBE NEWSWIRE) — Armada Hoffler (NYSE: AHH) announced the income tax treatment of its 2022 dividend distributions to holders of shares of the Company’s common stock and preferred stock. This information represents final income allocations as they will be reported on Form 1099-DIV. The tax information provided should not be construed as tax advice. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company’s distributions. Beginning in 2018, ordinary taxable income per share of common stock and preferred stock is equal to the 199A dividend that was created by the 2017 Tax Cuts and Jobs Act. Common Stock DividendsNYSE Ticker Symbol: AHHCUSIP #04208T 10 8EIN: #46-1214914Line 1a Total Ordinary Dividends 65.64%Line 2e Section 897...

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Allied Announces February 2023 Distribution

TORONTO, Feb. 15, 2023 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of February 2023, representing $1.80 per unit on an annualized basis. The distribution will be payable on March 15, 2023, to unitholders of record as at February 28, 2023. About Allied Allied is a leading operator of distinctive urban workspace in Canada’s major cities and network-dense UDC space in Toronto. Allied’s mission is to provide knowledge-based organizations with workspace and UDC space that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied’s vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people. FOR FURTHER INFORMATION,...

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American Hotel Income Properties REIT LP Announces February 2023 U.S. Dollar Cash Distribution

(numbers are in U.S. dollars unless otherwise indicated) VANCOUVER, British Columbia, Feb. 15, 2023 (GLOBE NEWSWIRE) — American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, HOT.U, and HOT.DB.V) announces a U.S. dollar cash distribution of $0.015 per limited partnership unit (“Unit”) for February 2023, which is equivalent to U.S. dollar $0.18 per Unit on an annualized basis. The distribution will be paid on March 15, 2023 to unitholders of record at the close of business on February 28, 2023. AHIP intends to pay cash distributions on or about the 15th day of each month to the unitholders of record on the last business day of the preceding month. Additional information on AHIP’s distributions can be found on our website at www.ahipreit.com. ABOUT AMERICAN HOTEL INCOME PROPERTIES REIT LP American Hotel Income Properties...

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CSX Corp. Announces Increase to Quarterly Dividend

JACKSONVILLE, Fla., Feb. 15, 2023 (GLOBE NEWSWIRE) — CSX Corp. (NASDAQ: CSX) announced that the Company’s Board of Directors approved a 10 percent increase in its quarterly dividend, from $0.10 to $0.11 per share. The new $0.11 quarterly dividend is payable on March 15, 2023, to shareholders of record at the close of business on February 28, 2023. About CSX and its Disclosures CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products.   For nearly 200 years, CSX has played a critical role in the nation’s economic expansion and industrial development.   Its network connects every major metropolitan area in...

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ERES REIT Declares February 2023 Monthly Distribution

TORONTO, Feb. 15, 2023 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the February 2023 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “February Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on February 28, 2023, with payment on March 15, 2023. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01425 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered...

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Extendicare Announces February 2023 Dividend of C$0.04 per Share

MARKHAM, Ontario, Feb. 15, 2023 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) announced that it has declared a cash dividend of C$0.04 per common share of the Company (the “Common Share”) for the month of February 2023, which is payable on March 15, 2023 to shareholders of record at the close of business on February 28, 2023. This dividend is designated as an “eligible dividend” within the meaning of the Income Tax Act (Canada). About Extendicare Extendicare is a leading provider of care and services for seniors across Canada, operating under the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Partner Network brands. We are committed to delivering quality care throughout the health continuum to meet the needs of a growing seniors population. We operate or provide contract services...

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ARMOUR Residential REIT, Inc. Announces March 2023 Dividend Rate Per Common Share

VERO BEACH, Florida, Feb. 15, 2023 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the March 2023 cash dividend for the Company’s Common Stock. March 2023 Common Stock Dividend InformationMonth   Dividend   Holder of Record Date   Payment DateMarch 2023   $0.08   March 15, 2023   March 28, 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 the Company’s...

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