DENVER, March 05, 2025 (GLOBE NEWSWIRE) — ArrowMark Financial Corp. (Nasdaq: BANX) (“ArrowMark Financial” or the “Company”), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a special cash distribution of $0.10 per share generated from excess income, and a regular cash distribution of $0.45 per share for the first quarter 2025. The total distribution of $0.55 per share will be payable on March 27, 2025 to shareholders of record on March 20, 2025. “We are very pleased to announce a special distribution for Q1 2025 along with the regular quarterly distribution of $0.45. We believe this distribution reflects the Fund’s ability to consistently over-earn its declared quarterly distribution rate. ArrowMark Financial is committed to providing consistent...

CALGARY, Alberta, March 05, 2025 (GLOBE NEWSWIRE) — Badger Infrastructure Solutions Ltd. (“Badger”, the “Company”, “we”, “our” or “us”) (TSX:BDGI) reported fourth quarter and 2024 annual results today. All results are presented in U.S. dollars unless otherwise stated. 2024 FOURTH QUARTER AND ANNUAL FINANCIAL AND OPERATIONAL HIGHLIGHTSThe Company achieved revenue of $187.2 million for the quarter and $745.0 for the year, up 8% and 9%, respectively, from 2023. Gross profit margin improved to 29.5% for the quarter and 29.3% for the year, up from 26.2% and 27.9%, respectively, from 2023. Adjusted EBITDA(1) improved to $44.0 million for the quarter and $176.1 for the year, up 28% and 17%, respectively, from 2023. Adjusted EBITDA margin(1) rose to 23.5% for the quarter and 23.6% for the year, up from 19.9% and 22.0%, respectively,...

ABSECON, N.J., March 05, 2025 (GLOBE NEWSWIRE) — Absecon Bancorp (the “Company”) (OTC, trading as ASCN), the bank holding company of First National Bank of Absecon, an Atlantic County New Jersey based community bank, announced today that its Board of Directors declared a regular quarterly cash dividend in the amount of $0.90 per share, payable on March 28, 2025 to shareholders of record as of March 14, 2025. The First National Bank of Absecon, a nationally chartered bank headquartered in Absecon, New Jersey, has a long history of serving the community since its establishment in 1916. The company is a community bank focused on providing deposit and loan products to retail customers and to small and mid-sized businesses from its primary market area in Atlantic County, New Jersey, and secondary markets consisting of portions of Burlington,...

Zaya Younan Launches Landmark Fraud Lawsuit Against Royal Business Bank and Its Top ExecutivesThe lawsuit alleges that Royal Business Bank and its senior leadership engaged in a systematic scheme of fraud, deception, and predatory lending practices designed to exploit borrowers.Los Angeles, CA, March 05, 2025 (GLOBE NEWSWIRE) — Zaya Younan has initiated legal proceedings in the Superior Court of California, County of Ventura, against Royal Business Bank (NASDAQ: RBB) and its three top executives: David R. Morris, Chief Executive Officer; Robert Franco, Chairman of the Directors’ Loan Committee; and Robert Ross, Deputy Chief Credit Officer  (Case No: 2025CUOR038548). The lawsuit alleges that Royal Business Bank and its senior leadership engaged in a systematic scheme of fraud, deception, and predatory lending practices...

Hillpointe Workforce Housing Partnership V, LPHillpointe, LLC Raises $750 Million for Hillpointe Workforce Housing Partnership V, LPWINTER PARK, Fla., March 05, 2025 (GLOBE NEWSWIRE) — Hillpointe, LLC, a fully integrated real estate development and investment management firm focused on the development of market rate workforce housing in the Sun Belt, announced today the closing of Hillpointe Workforce Housing Partnership V, LP (“Fund V”) at its hard cap of $750 million. Fund V represents Hillpointe’s largest fund to date and is expected to support the development of approximately 30 workforce housing projects in Hillpointe’s pipeline, representing approximately $2 billion of total asset value and 10,000 workforce housing units across the Sun Belt. This significant milestone underscores Hillpointe’s continued growth and...

– Increased or Maintained Dividend for Over 31 Consecutive Years – GREAT NECK, N.Y., March 05, 2025 (GLOBE NEWSWIRE) — One Liberty Properties, Inc. (NYSE: OLP) today announced that its Board of Directors declared a quarterly dividend on the Company’s common stock of $0.45 per share. The dividend is payable on April 4, 2025 to stockholders of record at the close of business on March 27, 2025, and represents One Liberty’s 129th consecutive quarterly dividend. One Liberty has increased or maintained its dividend for over 31 consecutive years. About One Liberty Properties, Inc: One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial properties. Many of these properties...

CHICAGO, MILWAUKEE and NEW YORK, March 05, 2025 (GLOBE NEWSWIRE) — YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group C ETFs listed in the table below.ETF Ticker1 ETF Name Distribution Frequency Distribution per Share Distribution Rate2,4 30-DaySEC Yield3 ROC5 Ex-Date & Record Date Payment DateQDTY YieldMax™ Nasdaq 100 0DTE Covered Call ETF Weekly $0.1580 – – 33.90% 3/6/25 3/7/25SDTY YieldMax™ S&P 500 0DTE Covered Call ETF Weekly $0.1709 – – 100.00% 3/6/25 3/7/25GPTY YieldMax™ AI & Tech Portfolio Option Income ETF Weekly $0.3094 37.80% 0.00% 0.00% 3/6/25 3/7/25LFGY YieldMax™ Crypto Industry& Tech Portfolio Option Income ETF Weekly $0.4637 61.48% 0.00% 0.00% 3/6/25 3/7/25YMAX YieldMax™ UniverseFund...

VANCOUVER, British Columbia, March 04, 2025 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.02083 per common share for the period of March 1, 2025 to March 31, 2025, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on March 31, 2025 to shareholders of record as of the close of business on March 14, 2025. Q4 2024 Earnings Release Date DIV will release earnings results for the three months and year ended December 31, 2024 following the closing of regular trading on the Toronto Stock Exchange on March 24, 2025. About Diversified Royalty Corp. DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location...

TORONTO, March 04, 2025 (GLOBE NEWSWIRE) — Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1305 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock or in cash by specific stockholder election, is to be paid on March 28, 2025 to stockholders of record at the close of business on March 14, 2025 (ex-dividend on March 14, 2025). The price of shares issued for reinvestment will be determined on March 21, 2025. The Fund currently has adopted a Distribution Policy of paying quarterly distributions on its Common Stock. Distributions are being made at the annual rate of 6% of the rolling average of the prior four calendar quarter-end net asset values (“NAVs”), with the fourth quarter distribution being the greater of 1.50% of the...

NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) — Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).The following dates apply to the distributions:Record Date March 14, 2025Ex-Dividend Date March 14, 2025Payable Date  March 31, 2025Distribution ScheduleNYSE Ticker Closed-End Fund Name Distribution Per Share Change from Previous Distribution FrequencyAVK Advent Convertible and Income Fund $0.1172†   MonthlyGBAB Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust $0.12573†   MonthlyGOF Guggenheim Strategic Opportunities Fund $0.1821†   MonthlyGUG Guggenheim Active Allocation Fund $0.11875†   Monthly† A portion...