Month: July 2023

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...

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...

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...

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...

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...

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...

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...

Company reports GAAP diluted earnings per share of $0.32 for the quarter, affirms $510 million capital plan for 2023 and announces a $0.64 per share quarterly dividend payable September 29, 2023 BUTTE, Mont. and SIOUX FALLS, S.D., July 24, 2023 (GLOBE NEWSWIRE) — NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) reported financial results for the three months ended June 30, 2023. Net income for the period was $19.1 million, or $0.32 per diluted share, as compared with net income of $29.8 million, or $0.54 per diluted share, for the same period in 2022. This decrease was primarily due to unfavorable weather driving lower electric and natural gas retail volumes and transmission revenues, higher operating, administrative and general costs, higher depreciation and depletion expense, higher interest expense, and higher...

TORONTO, July 24, 2023 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the July 2023 cash distributions for its ETF Series securities. The record date for the distributions is July 31, 2023 for Ninepoint High Interest Savings Fund and August 1, 2023 for Ninepoint Diversified Bond Fund, Ninepoint Alternative Credit Opportunities Fund, Ninepoint Energy Income Fund and Ninepoint Target Income Fund. All distributions are payable on August 9, 2023. The per-unit July distributions are detailed below:Ninepoint ETF Series Ticker Distribution per unit Notional Distribution per unit CUSIPNinepoint Diversified Bond Fund NBND $0.04175 $0.00000 65443H100Ninepoint High Interest Savings Fund NSAV $0.21624 $0.00000 65443X105Ninepoint Alternative Credit Opportunities Fund NACO $0.10433 $0.00000 65443Q100Ninepoint...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Alberta, July 24, 2023 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) “High Arctic” or the “Corporation” announces that it has agreed with the buyer, to extend the closing of the sale of its Canadian nitrogen pumping assets. The closing is expected to occur during the month of August and the transaction will retain an effective date of July 21, 2023. The extension has been agreed to ensure all administrative matters required to affect a clean closing will be addressed prior to close. The buyer has secured finance and substantially completed due diligence work. The extension follows the June 19, 2023 announcement...