Month: February 2023

FY-2022 results: record net income at €283.1m and 80% pay-out ratio Paris, 16 February 2023 – 17.35Turnover: €1,812m, up +13.4% at constant FX and perimeter and +15.6% on a reported basisTrade Credit Insurance premiums grow by +14.4% driven by high client activity in still inflationary environment Client retention at record highs (92.9%); pricing down (-3.0%) in line with 9M-2022 Business information revenues up by +11.6% at constant FX and +13.1% at the full scope; factoring up by +10.0%Net loss ratio at 36.0%, up by 2.7 ppts; net combined ratio at 64.9%, +0.3 ppt vs. 2021 (up 10.4 ppts excluding 2021 government schemes impact)Gross loss ratio up by 9.8 ppts at 31.2%, as normalisation of risk environment continues Net cost ratio down by 2.5 ppts at 28.8% reflecting continued positive operating leverage and high reinsurance...

TORONTO, Feb. 15, 2023 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of February 2023 for its open-end exchange-traded funds and closed-end funds (“the Funds”). The ex-distribution date for all ETFs is February 23, 2023, with the exception of Purpose Bitcoin Yield ETF and Purpose Ether Yield ETF, which will have an ex-distribution date of February 24, 2023, as well as Purpose High Interest Savings Fund and Purpose US Cash Fund, which have an ex-distribution date of February 27, 2023. The ex-distribution date for all closed-end funds is February 27, 2023.Open-End Funds TickerSymbol Distributionper share/unit Record Date Payable Date Distribution FrequencyPurpose Core Dividend Fund – ETF Series PDF $ 0.10501 02/24/2023 03/07/2023 MonthlyPurpose Enhanced Dividend...

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...

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...

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...

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...

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,...

(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...

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...

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...