Month: April 2023

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...

CALGARY, Alberta, April 26, 2023 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) delivered upstream production in the first quarter of 779,000 barrels of oil equivalent per day (BOE/d)1 and downstream throughput of 457,900 barrels per day (bbls/d). The company generated $1.4 billion in adjusted funds flow and cash used in operating activities was $286 million. First-quarter results reflect lower commodity prices, reduced production in the upstream business and lower operating throughput in the downstream compared with the fourth quarter. Consistent with Cenovus’s commitment to shareholders, the Board of Directors approved a 33% increase in the company’s base dividend, to $0.56 per share annually starting in the second quarter of 2023. “We are committed to demonstrating stronger performance across our business, and...

PALO ALTO, Calif., April 25, 2023 (GLOBE NEWSWIRE) — Scilex Holding Company (Nasdaq: SCLX, “Scilex”) announced that its majority stockholder, Sorrento Therapeutics, Inc. (OTC: SRNEQ, “Sorrento”) has issued a notice that Sorrento’s bankruptcy court has extended the expiration of the restrictions on transfer on the shares of common stock of Scilex that were distributed by Sorrento to its stockholders as a dividend on January 19, 2023 (the “Distributed Stock”). Sorrento Therapeutics, Inc. (OTC: SRNEQ, “Sorrento”), a biopharmaceutical company dedicated to the development of life-saving therapeutics to treat cancer, intractable pain, and infectious disease, today announced that, in connection with its ongoing chapter 11 case, the U.S. Bankruptcy Court for the Southern District of Texas entered an order extending the expiration...

WESTFIELD, Mass., April 25, 2023 (GLOBE NEWSWIRE) — Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced today the unaudited results of operations for the three months ended March 31, 2023. The Company reported net income of $5.3 million, or $0.24 per diluted share, for the three months ended March 31, 2023, consistent with net income of $5.3 million, or $0.24 per diluted share, for the three months ended March 31, 2022. On a linked quarter basis, net income was $5.3 million, or $0.24 per diluted share, as compared to net income of $9.0 million, or $0.42 per diluted share, for the three months ended December 31, 2022. The Company also announced today that the Board of Directors declared a quarterly cash dividend of $0.07 per share on the Company’s...

TORONTO, April 25, 2023 (GLOBE NEWSWIRE) — Sonor Investments Limited (TSX VENTURE:SNI.PR.A) today reported its financial results for the year ended December 31, 2022 and the three months ended March 31, 2023.    Year ended December 31   3 months ended March 31                     2022   2021   2023   2022    $000   $000   $000   $000                 Revenue   3,504   6,665   582   726                 Net Income (loss)   3,023   5,938   419   562Michael Gardiner, Chairman and CEO stated that as at March 31, 2023, the Company’s assets totaled $69.4 million compared to $69 million as at December 31, 2022. These assets as at March 31, 2023 included $22.3 million of marketable securities, $35.6 million in a private investment and $11.5 million of cash and cash equivalents. During the year ended December 31,...

WILLIAMSBURG, Va., April 24, 2023 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) today announced that its Board of Directors has authorized payment of quarterly cash dividends for the Company’s Series B, Series C, and Series D Preferred Stock. The Board of Directors authorized, and the Company has declared, a quarterly cash dividend of $0.50 per share of beneficial interest of the Company’s 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock. The Series B preferred dividend will be paid on June 15, 2023 to shareholders of record as of May 31, 2023. The Board of Directors also authorized, and the Company has declared, a quarterly cash dividend of $0.4921875 per share of beneficial interest of the Company’s 7.875% Series C Cumulative Redeemable Perpetual Preferred Stock. The Series C preferred dividend...