Day: April 26, 2023

NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) — Vornado Realty Trust (NYSE:VNO) announced today that it will postpone dividends on its common shares until the end of 2023, at which time, upon finalization of its 2023 taxable income, including the impact of asset sales, it will pay the 2023 dividend in either (i) cash, or (ii) a combination of cash and securities, as determined by its Board of Trustees. Vornado also announced that, in order to enhance shareholder value, its Board of Trustees has authorized the repurchase of up to $200 million of its outstanding common shares under a newly established share repurchase program. Cash retained from dividends or from asset sales will be used to reduce debt and/or fund share repurchases. Share repurchases may be made from time to time in the open market, through privately negotiated transactions...

TORONTO, April 26, 2023 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) reported the Corporation’s 2023 first quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented: “In Q1 2023, we reduced our variable rate debt exposure to only 3.41% and achieved a same store NOI growth of 6.3%. For the balance of the year, we will continue to be disciplined purchasers of assets, and will focus on controlling expenses, while maximizing revenues, NOI and free cash flow.” 2023 First Quarter ResultsRevenue for the first quarter of 2023 increased to $67.4 million compared to $57.5 million in Q1 2022 and net operating income (“NOI”), a non-IFRS measure, grew to $42.6 million from $36.6 million for the comparative period. Our cash flow from operations increased year over...

VANCOUVER, British Columbia, April 26, 2023 (GLOBE NEWSWIRE) — Methanex Corporation (the “Company” or “Methanex”) (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has approved a 6% increase in its quarterly dividend to US$0.185 per share from US$0.175 per share. The increased dividend will apply to the dividend payable on June 30, 2023, to holders of common shares of record on June 16, 2023. Methanex is a Vancouver-based, publicly traded company and is the world’s largest producer and supplier of methanol to major international markets. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol “MX” and on the NASDAQ Global Select Market in the United States under the trading symbol “MEOH”. Methanex can be visited online at www.methanex.com. Inquiries:Sarah...

Quarterly Results Showcase Franchise Resiliency During Challenging Environment HAMILTON, N.J., April 26, 2023 (GLOBE NEWSWIRE) — First Bank (Nasdaq Global Market: FRBA) (the Bank) today announced its first quarter 2023 financial results, demonstrating continued strength and resilience in a challenging economic environment. The Bank achieved net income of $7.0 million, or $0.36 per diluted share, and maintained solid returns on average assets, equity, and tangible equityi at 1.03%, 9.70%, and 10.16%, respectively. Excluding merger-related expenses and losses on sale of investment securities, First Bank’s first quarter 2023 adjusted diluted earnings per shareii were $0.38, adjusted return on average assetsii was 1.11% and adjusted return on average tangible equityii was 11.17%. Compared to the same period last year, the Bank’s...

SAN JOSE, Calif., April 26, 2023 (GLOBE NEWSWIRE) — At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company’s 313th consecutive quarterly dividend in the amount of $0.26 per common share. It will be payable on May 19, 2023 to stockholders of record on May 8, 2023. California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, as well as Texas Water Service, a utility holding company. Together, these companies provide regulated and non-regulated water and wastewater service to more than 2.1 million people in California, Hawaii, New Mexico, Washington, and Texas. California Water Service Group’s common stock trades on the New York Stock Exchange under the symbol...

NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) — FTAI Aviation Ltd. (NASDAQ: FTAI) (the “Company” or “FTAI”) today reported financial results for the first quarter 2023. The Company’s consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview(in thousands, except per share data)Selected Financial Results Q1’23Net Income Attributable to Shareholders $ 22,606  Basic Earnings per Ordinary Share from Continuing Operations $ 0.23  Diluted Earnings per Ordinary Share from Continuing Operations $ 0.22  Adjusted EBITDA(1) $ 127,656         __________________________________(1) For definitions and reconciliations of non-GAAP measures, please refer to the exhibit to this press release.First Quarter 2023 Dividends On April 25, 2023,...

CHICAGO, April 26, 2023 (GLOBE NEWSWIRE) — Amplify ETFs announces April income distributions for its ETFs.ETF Name Ticker Amount per Share Ex-Date Record Date Payable DateAmplify CWP Enhanced Dividend Income ETF DIVO $0.14495 4/26/2023 4/27/2023 4/28/2023Amplify International Enhanced Dividend Income ETF IDVO $0.13544 4/26/2023 4/27/2023 4/28/2023Amplify Natural Resources Dividend Income ETF NDIV $0.21498 4/26/2023 4/27/2023 4/28/2023Amplify High Income ETF YYY $0.12000 4/26/2023 4/27/2023 4/28/2023Investors can learn more at AmplifyETFs.com. About Amplify ETFsAmplify ETFs, sponsored by Amplify Investments, has over $4.2 billion in assets across its suite of ETFs (as of 3/31/2023). Amplify believes the ETF structure empowers investors through efficiency, transparency, and flexibility. Amplify ETFs delivers expanded...

Strategic Merger With NBT Approved by Salisbury Shareholders First Quarter Net Income of $0.52 per Basic Common Share and Return on Average Assets of 0.79% or $0.60 and 0.91%, Respectively, Excluding Non-Recurring Expenses First Quarter 2023 Loan Growth of $22.1 million, or 1.8% Non-performing Assets were 0.14% of Total Assets at March 31, 2023 Common Equity Tier 1 and Tangible Common Equity Ratio of 12.16% and 7.63%, Respectively, at March 31, 2023 1LAKEVILLE, Conn., April 26, 2023 (GLOBE NEWSWIRE) — Salisbury Bancorp, Inc. (“Salisbury”), (NASDAQ Capital Market: “SAL”), the holding company for Salisbury Bank and Trust Company (the “Bank”), announced results for its first quarter ended March 31, 2023. Net income available to common shareholders was $3.0 million, or $0.52 per basic common share, for the first quarter ended March...

TORONTO, April 26, 2023 (GLOBE NEWSWIRE) — Purpose Investments Inc. announced today the final April 2023 distribution rate for Purpose Cash Management Fund. The following table reflects the final distribution amounts. The ex-distribution date is April 27, 2023.Open-End Fund Ticker Symbol Final distribution per unit Record Date Payable Date Distribution FrequencyPurpose Cash Management Fund – ETF Units MNY $0.3618 04/27/2023 05/05/2023 MonthlyAbout Purpose Investments Inc. Purpose Investments Inc. is an asset management company with more than $16 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited,...

VERO BEACH, Florida, April 26, 2023 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the May 2023 cash dividend for the Company’s Common Stock. May 2023 Common Stock Dividend InformationMonth   Dividend   Holder of Record Date   Payment DateMay 2023   $0.08   May 15, 2023   May 30, 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 board of...