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Day: February 17, 2023

Titanium Transportation Group Declares Quarterly Dividend

BOLTON, Ontario, Feb. 17, 2023 (GLOBE NEWSWIRE) — The Board of Directors of Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSX:TTNM, OTCQX:TTNMF) has declared a quarterly dividend of $0.02 per common share, payable on March 15, 2023 to shareholders of record at the close of business on February 28, 2023. The amount of the dividend is consistent with the Company’s previous dividend. About Titanium Titanium is a leading North American transportation company with asset-based trucking operations and logistics brokerages servicing Canada and the United States, with approximately 800 power units, 3,000 trailers and 1,100 employees and independent owner operators. Titanium provides truckload, dedicated, and cross-border trucking services, logistics, and warehousing and distribution to over 1,000 customers. In the U.S....

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Timbercreek Financial Declares February 2023 Dividend

TORONTO, Feb. 17, 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 March 15, 2023 to holders of Common Shares of record on February 28, 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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Sorrento Issues Update to its Previously Issued “FAQ” Regarding the Dividend of Scilex Holding Company Common Stock (Nasdaq: SCLX, “Scilex”)

SAN DIEGO, Feb. 17, 2023 (GLOBE NEWSWIRE) — Sorrento Therapeutics, Inc. (Nasdaq: SRNE, “Sorrento”) today posted an update to its previously issued “Frequently Asked Questions” document under the “Investors” section of its website at www.sorrentotherapeutics.com regarding its recent dividend to Sorrento stockholders of shares of common stock of Scilex Holding Company previously held by Sorrento (the “Dividend Stock”). The update to the FAQs provides notice regarding the no lien code added on Scilex (Nasdaq: SCLX) common stock that was distributed as a dividend to Sorrento’s stockholders and provides notice to brokerage firms, banks, dealers and similar organizations listed therein that a dividend confirmation had previously been distributed to such firms by Scilex’s transfer agent (the “Dividend Confirmation”). The update further...

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Shaw Declares March Monthly Dividend, Suspends DRIP and Extends Date for Annual General Meeting

CALGARY, Alberta, Feb. 17, 2023 (GLOBE NEWSWIRE) — Shaw Communications Inc. (“Shaw”) announced today that it has declared a monthly dividend, suspended its dividend reinvestment plan (“DRIP”) and obtained an extension for the date by which it must hold its annual general meeting. Dividend Declaration Shaw’s Board of Directors has declared monthly dividends of $0.09875 per Class B Non-Voting Participating Share and $0.098542 per Class A Participating Share, payable on March 30, 2023 to holders of record at the close of business on March 15, 2023. These dividends are designated as “eligible” dividends for the purposes of the Income Tax Act (Canada) and any similar provincial legislation. Shareholders will not be entitled to receive a particular dividend unless they are holders of record on the applicable record date. There is no...

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Fair Market Value of Lumine Group Spin-Out Shares

TORONTO, Feb. 16, 2023 (GLOBE NEWSWIRE) — On February 6, 2023 Constellation Software Inc. (TSX:CSU) announced it had declared a special dividend (the “Dividend”), pursuant to which all common shareholders of record on February 16, 2023 (the “Record Date”) are entitled to receive, by way of a dividend-in-kind, 3.0003833 subordinate voting shares of Lumine Group Inc. (the “Spin-Out Shares”) for each common share of Constellation held. The payment date for the Dividend is expected to be on or about February 23, 2023. The common shares of Constellation commenced trading on an ex-dividend basis at the opening of markets on February 15, 2023. Following the distribution of the Spin-Out Shares, there will be 63,582,712 subordinate voting shares of Lumine Group outstanding, representing all of the outstanding Spin-Out Shares. CSI will indirectly...

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NorthWestern Reports 2022 Financial Results

Company reports GAAP diluted earnings per share of $3.25 for 2022, announces a $510 million capital plan for 2023 and a 1.6% increase to the quarterly dividend – to $0.64 per share – payable March 31, 2023 BUTTE, Mont. and SIOUX FALLS, S.D., Feb. 16, 2023 (GLOBE NEWSWIRE) — NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) reported financial results for the year ended December 31, 2022. Net income for the period was $183.0 million, or $3.25 per diluted share, as compared with net income of $186.8 million, or $3.60 per diluted share, for the same period in 2021. This decrease of $3.8 million in net income was primarily due to higher operating expense (including depreciation and property taxes) and interest expense, lower transmission revenues, a less favorable Qualifying Facilities (QF) liability adjustment as compared...

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