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Day: July 26, 2023

StorageVault Reports 2023 Second Quarter Results and Increases Dividend

TORONTO, July 26, 2023 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) reported the Corporation’s 2023 second quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented: “For the first half of fiscal 2023, we significantly reduced our variable rate debt exposure and despite the normalization of our business from the prior year, we still achieved a same store revenue and NOI growth of 4.6% and 4.1%. For the second half of the year, we will continue to focus on maximizing revenues, NOI and free cash flow, while controlling expenses.” 2023 Second Quarter ResultsRevenue for the second quarter of 2023 increased to $71.3 million compared to $66.0 million in Q2 2022 and net operating income (“NOI”), a non-IFRS measure, grew to $48.4 million from $44.3 million...

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FHLB Des Moines Announces Second Quarter 2023 Dividend and Financial Results

DES MOINES, Iowa, July 26, 2023 (GLOBE NEWSWIRE) — Dividend The Board of Directors approved a second quarter 2023 dividend at an annualized rate of 7.95 percent on activity-based stock, and 3.00 percent on membership stock, unchanged from the prior quarter. Dividend payments totaling $114 million, based on average stock outstanding during the second quarter of 2023, are expected to be paid on August 10, 2023. Future dividends are at the discretion of the Bank’s Board of Directors and may be impacted by economic and market conditions. Second Quarter 2023 Financial HighlightsNet income of $250 million Affordable Housing Program (AHP) assessments of $28 million Advances totaled $114.1 billion Mortgage loans held for portfolio, net totaled $8.9 billion Letters of credit totaled $7.5 billion Retained earnings totaled $2.9 billionCommunity...

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AMG Critical Materials N.V. Announces Interim Dividend

Amsterdam, 26 July 2023 (Regulated Information) — AMG Critical Materials N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) declares an interim dividend of €0.40 per ordinary share, from an interim dividend of €0.30 per ordinary share in the prior year. The interim dividend of €0.40 per ordinary share, in respect of the period from January 1, 2023 to June 30, 2023, is payable on August 9, 2023 to shareholders of record as of August 1, 2023. The ex-dividend date will be July 31, 2023. Dutch withholding tax will be deducted from the dividend at a rate of 15%. This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation. This press release contains regulated information as defined in the Dutch Financial Markets Supervision Act (Wet op het financieel toezicht). About AMG AMG’s mission...

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ARMOUR Residential REIT, Inc. Announces August 2023 Dividend Rate Per Common Share

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

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