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Day: July 25, 2023

CubeSmart Declares Third Quarter 2023 Dividend

MALVERN, Pa., July 25, 2023 (GLOBE NEWSWIRE) — CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.49 per common share for the period ending September 30, 2023. The dividend is payable on October 16, 2023 to common shareholders of record on October 2, 2023.   About the Company CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,343 self-storage properties across the United States. According to the 2023 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S. The Company’s mission is to simplify the organizational and logistical challenges created by the many life events and business needs of its customers through innovative solutions, unparalleled service, and genuine...

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FTAI Infrastructure Inc. Reports Second Quarter 2023 Results, Declares Dividend of $0.03 per Share of Common Stock

NEW YORK, July 25, 2023 (GLOBE NEWSWIRE) — FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the second 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 Q2’23Net Loss Attributable to Stockholders $ (38,853 )  Basic and Diluted Loss per Share of Common Stock $ (0.38 )  Adjusted EBITDA(1) $ 27,677    Adjusted EBITDA – Four core segments(1)(2) $ 36,153    _______________________________(1) For definitions and reconciliations of non-GAAP measures, please refer to the exhibit to this press release.(2) Excludes Sustainability and Energy Transition and Corporate...

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CN Declares Third-Quarter 2023 Dividend

MONTREAL, July 25, 2023 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a third-quarter 2023 dividend on the Company’s common shares outstanding. A quarterly dividend of seventy-nine cents (C$0.7900) per common share will be paid on September 29, 2023, to shareholders of record at the close of business on September 8, 2023. About CNCN is a world-class transportation leader and trade-enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. CN’s network connects Canada’s Eastern and Western coasts with the U.S. South through a 18,600-mile rail network, CN and its affiliates have been contributing to community...

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KS Bancorp, Inc. (KSBI) Announces Second Quarter 2023 Financial Results and Cash Dividend

SMITHFIELD, N.C., July 25, 2023 (GLOBE NEWSWIRE) — KS Bancorp, Inc. (the “Company”) (OTCBB: KSBI), parent company of KS Bank, Inc. (the “Bank”), announced unaudited results for the second quarter of 2023. The Company reported net income of $1.6 million or $1.41 per diluted share, for the three months ended June 30, 2023, compared to net income of $1.8 million or $1.62 per diluted share, for the three months ended June 30, 2022. Comparing the second quarter 2023 to the second quarter of 2022, there was a decrease in net income of $236,000, which is primarily attributable to the $230,000 gain on sale of foreclosed assets recorded in June, 2022. Net interest income before the provision for credit losses for the three months ended June 30, 2023 was $5.1 million compared to $4.8 million at June 30, 2022. As a result of increased loan...

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