Month: February 2023

VANCOUVER, British Columbia, Feb. 02, 2023 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.02 per common share for the period of February 1, 2023 to February 28, 2023, which is equal to $0.24 per common share on an annualized basis. The dividend will be paid on February 28, 2023 to shareholders of record as of the close of business on February 13, 2023. Appointment of Pamela Lee as President and CEO of Mr. Lube DIV is pleased to announce that Pamela Lee has been appointed as President and Chief Executive Officer of the general partner of Mr. Lube Canada Limited Partnership (“Mr. Lube”). Ms. Lee joined Mr. Lube in 2007 and has been instrumental in driving expansion and development of the Mr. Lube...

CHANDLER, Ariz., Feb. 02, 2023 (GLOBE NEWSWIRE) — (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 35.8 cents per share. The dividend is payable on March 7, 2023, to stockholders of record on February 21, 2023. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 76 times since its inception. “Microchip’s financial performance in the December 2022 quarter was very strong, resulting in solid cash generation and significant debt reduction,” said Steve Sanghi, Executive Chair. “Today, our Board of Directors approved a year-over-year increase in our dividend of 41.5% to 35.8 cents...

SAN DIEGO, Feb. 02, 2023 (GLOBE NEWSWIRE) — Sorrento Therapeutics, Inc. (Nasdaq: SRNE, “Sorrento”) today posted a supplement 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 held by Sorrento. The supplement to the FAQs provides notice regarding the Depository Trust and Clearing Corporation’s removal of the contra-CUSIP on Scilex 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 and requests that such firms contact...

PALO ALTO, Calif., Feb. 02, 2023 (GLOBE NEWSWIRE) — Scilex Holding Company (Nasdaq: SCLX) announced that its majority stockholder, Sorrento Therapeutics, Inc. (Nasdaq: SRNE, “Sorrento”) today posted a supplement 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 held by Sorrento. The supplement to the FAQs provides notice regarding the Depository Trust and Clearing Corporation’s removal of the contra-CUSIP on Scilex 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...

OAK RIDGE, N.C., Feb. 02, 2023 (GLOBE NEWSWIRE) — Oak Ridge Financial Services, Inc. (“Oak Ridge”; or the “Company”) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the “Bank”), announced unaudited financial results for fourth quarter and full year of 2022, and a quarterly cash dividend of $0.08 per share. Fourth Quarter and Full Year 2022 HighlightsEarnings per share of $2.47 for 2022, down $0.44, or 15.1%, from 2021; earnings per share of $0.63 for the three months ended December 31, 2022, down eleven cents, or 14.9%, from the same period in 2021. Return on average common stockholders’ equity of 12.95% for 2022, compared to 15.70% for 2021; return on average common stockholders’ equity of 12.98% for the three months ended December 31, 2022, compared to 15.70% for the same period in 2021. Recovery of loan losses for...

DUBLIN, Ga., Feb. 02, 2023 (GLOBE NEWSWIRE) — Morris State Bancshares, Inc. (OTCQX: MBLU) (the “Company”), the parent of Morris Bank (the “Bank”), today reported its financial results for the quarter and year ended December 31, 2022. Year over year and quarter by quarter comparisons are included herewith. Following is a summary of the quarterly and annual highlights: Fourth Quarter 2022 HighlightsNet income for the fourth quarter of 2022 was $6.6 million, compared to $2.1 million for the third quarter of 2022 and $7.1 million for the fourth quarter of 2021. Diluted earnings per share for the fourth quarter of 2022 was $3.14, compared to $0.99 for the third quarter of 2022 and $3.38 for the fourth quarter of 2021. Earnings before taxes for the fourth quarter of 2022 was $5.9 million, compared to $2.7 million for the third quarter...

NEW YORK, Feb. 02, 2023 (GLOBE NEWSWIRE) — SLR Investment Corp. (the “Company”) (NASDAQ: SLRC), today declared a distribution of $0.136667 per share for the month of February 2023. The distribution is payable on March 1, 2023 to stockholders of record as of February 16, 2023. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year. ABOUT SLR INVESTMENT CORP. SLR Investment Corp. is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. A specialty finance company with expertise in several niche markets, the Company generally invests directly and indirectly in leveraged, U. S. middle market companies primarily in the form of cash flow senior secured loans, including first...

London, February 2, 2023 − The Board of Shell plc (the “Company”) today announced an interim dividend in respect of the fourth quarter of 2022 of US$ 0.2875 per ordinary share. Details relating to the fourth quarter 2022 interim dividendPer ordinary share Q4 2022Shell Shares (US$) 0.2875Shareholders will be able to elect to receive their dividends in US dollars, euros or pounds sterling. Absent any valid election to the contrary, persons holding their ordinary shares through Euroclear Nederland will receive their dividends in euros. Absent any valid election to the contrary, shareholders (both holding in certificated and uncertificated form (CREST members)) and persons holding their shares through the Shell Corporate Nominee will receive their dividends in pounds sterling. The pound sterling and euro equivalent dividend payments...

BRAINTREE, Mass., Feb. 01, 2023 (GLOBE NEWSWIRE) — Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.09 per share for the first quarter of 2023. The first quarter 2023 dividend is the forty-fourth consecutive dividend in the Company’s history. The dividend will be paid on April 4, 2023 to shareholders of record as of the close of business on March 16, 2023. Future declarations of quarterly cash dividends are subject to approval by the Board of Directors and to the Board’s continuing determination that the declaration of dividends is in the best interests of Altra’s shareholders and is in compliance with all laws and...

TORONTO, Feb. 01, 2023 (GLOBE NEWSWIRE) — (TSX: ENS, ENS.PR.A) E Split Corp. (the “Company”) is pleased to announce that the board of directors intends to approve an extension of the maturity date of the Company for an additional 5-year term to June 30, 2028 as a result of strong performance. The preferred share distribution rate for the extended term will be announced at least 60 days prior to the original maturity date of June 30, 2023 and will be based on market yields for preferred shares with similar terms at that time. The term extension allows Class A shareholders to continue to gain exposure to common shares of Enbridge Inc. (“Enbridge”), a leading North American oil and gas pipeline, gas processing and natural gas distribution company, while benefiting from an attractive distribution rate of 10.1% per annum based on the...