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Concrete Pumping Holdings Announces Special Cash Dividend of $1.00 Per Share

DENVER, Jan. 14, 2025 (GLOBE NEWSWIRE) — Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company”) announced today that its Board of Directors has declared a special, one-time cash dividend of $1.00 per share of common stock (the “Special Dividend”). The Special Dividend will be paid on or about February 3, 2025, subject to the closing of the Company’s previously announced offering of $425.0 million aggregate principal amount of senior secured second lien notes due 2032. Stockholders of record as of January 24, 2025 will be eligible to receive the Special Dividend. The aggregate amount of the payment to be made in connection with the Special Dividend is expected to be approximately $53 million. The tax treatment of the Special Dividend to any particular stockholder will depend on the stockholder’s particular tax circumstances. The...

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Concrete Pumping Holdings Announces Upsizing and Pricing of Its Senior Secured Second Lien Notes Offering

DENVER, Jan. 14, 2025 (GLOBE NEWSWIRE) — Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company”) announced today that Brundage-Bone Concrete Pumping Holdings Inc. (the “Issuer”), a wholly-owned subsidiary of the Company, has successfully upsized and priced its private offering of $425.0 million aggregate principal amount of senior secured second lien notes due 2032 (the “Notes”), which was upsized by $25.0 million from the previously announced $400.0 million.   The Notes will bear interest at an annual rate of 7.500%. The offering is expected to close on January 31, 2025, subject to customary closing conditions. The Company intends to use the net proceeds of the Notes to pay the redemption price for all of the Company’s outstanding 6.000% senior secured second lien notes due 2026 (the “Existing 2026 Notes”) and pay related...

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YieldMax™ Launches Its First Portfolio ETF The Crypto Industry & Tech Portfolio Option Income ETF (LFGY)

CHICAGO, MILWAUKEE and NEW YORK, Jan. 14, 2025 (GLOBE NEWSWIRE) —  YieldMax™ announced the launch today of its first YieldMax™ Portfolio Option Income ETF: YieldMax™ Crypto Industry & Tech Portfolio Option Income ETF (NYSE Arca: LFGY) LFGY Overview LFGY is an actively managed ETF that seeks current income and capital appreciation via direct investments in a select portfolio of 15-30 crypto industry and technology (“Crypto”) companies. LFGY aims to generate current income through an options portfolio on Crypto companies and/or Crypto ETFs. LFGY Equity Portfolio LFGY seeks capital appreciation via direct investments in its portfolio of 15-30 Crypto companies. To enable LFGY to effectively implement its options strategies (see below), LFGY’s Adviser evaluates the liquidity of a potential company’s common...

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B2Gold Announces Amended Shareholder Return Strategy, including New Dividend Framework and Intention to Implement a Normal Course Issuer Bid

VANCOUVER, British Columbia, Jan. 13, 2025 (GLOBE NEWSWIRE) — B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) announces amendments to its shareholder returns strategy to increase financial flexibility as it completes its current phase of organic growth, including the anticipated commencement of initial production from Fekola Regional in Mali, the completion of construction of the Goose Mine in Nunavut, Canada, the development of the Antelope deposit at the Otjikoto Mine in Namibia, and de-risking activities at the Gramalote Project in Colombia. All dollar figures are in United States dollars unless otherwise indicated. New Dividend Framework Management and the Board of Directors (the “Board”) of B2Gold have completed a comprehensive review of its existing dividend level and approved a change in...

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The Herzfeld Caribbean Basin Fund, Inc. Pays Distribution

MIAMI BEACH, Fla., Jan. 13, 2025 (GLOBE NEWSWIRE) — The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the “Fund”) today announced that the Fund has made the following distribution pursuant to the Fund’s Managed Distribution Policy (the “Policy”):Declaration Date Ex-Date Record Date Payment Date Per Share12/20/2024 12/31/2024 12/31/2024 01/13/2025 $ 0.2325The distribution for stockholders has been paid in all cash. The primary purpose of the Policy is to provide stockholders with a constant, but not guaranteed, fixed minimum rate of distribution (currently set at the annual rate of 15% of the Fund’s net asset value as determined on June 30, 2024). The Board recently amended the Policy to maintain the 15% annual rate of distribution, but at quarterly, semi-annual or annual periods of distribution to be reviewed by...

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Northfield Capital Announces Intention to Commence Normal Course Issuer Bid

TORONTO, Jan. 10, 2025 (GLOBE NEWSWIRE) — Northfield Capital Corporation (TSX-V: NFD.A) (“Northfield”) announced today its intention to effect a normal course issuer bid through the facilities of the TSX Venture Exchange. Northfield may, during the 12-month period commencing January 15, 2025 and ending January 14, 2026, purchase on the TSX Venture Exchange up to 141,701 Class A restricted voting shares in total, representing approximately 5% of the 2,834,032 Class A restricted voting shares currently issued and outstanding. The price which Northfield will pay for any such shares will be the market price at the time of acquisition. The actual number of Class A restricted voting shares which may be purchased and the timing of any such purchases will be determined by Northfield. Northfield has retained Leede Financial Inc. to effect...

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Guardian Capital Announces Increase in Distribution Frequency in respect of certain Guardian Capital Funds

TORONTO, Jan. 10, 2025 (GLOBE NEWSWIRE) — Guardian Capital LP announces that commencing in January 2025, the distribution frequency for the Guardian Capital funds listed below (the “Funds”) will increase from quarterly to monthly.Guardian Capital Fund Series of UnitsGC One Fixed Income Portfolio Mutual Fund Units: Series A, Series F and Series IGuardian Canadian Bond Fund ETF Units (TSX: GCBD)Mutual Fund Units: Series A, Series F and Series IGuardian Investment Grade Corporate Bond Fund ETF Units (TSX: GIGC)Mutual Fund Units: Series A, Series F and Series IGuardian Short Duration Bond Fund Mutual Fund Units: Series A, Series F and Series ISustainable Income 100 Fund Mutual Fund Units: Series A, Series CCA, Series F, Series CCF and Series ISustainable Income 20/80 Fund Mutual Fund Units: Series A, Series CCA,...

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Coca-Cola Consolidated, Inc. Announces First Quarter Dividend

CHARLOTTE, N.C., Jan. 10, 2025 (GLOBE NEWSWIRE) — Coca-Cola Consolidated, Inc. (NASDAQ: COKE) announced that its Board of Directors has declared a dividend for the first quarter of 2025 of $2.50 per share on shares of the Company’s Common Stock and Class B Common Stock payable on February 7, 2025, to shareholders of record as of the close of business on January 24, 2025.CONTACTS:    Brian K. Little (Media)   Scott Anthony (Investors)Vice President, Corporate Communications   Executive Vice President & Chief Financial Officer(980) 378-5537   (704) 557-4633Brian.Little@cokeconsolidated.com   Scott.Anthony@cokeconsolidated.com     About Coca-Cola Consolidated, Inc. Headquartered in Charlotte, N.C., Coca-Cola Consolidated (NASDAQ: COKE) is the largest Coca-Cola bottler in the United States. We make,...

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Independent Bank Corporation Announces 8% Increase in Quarterly Cash Dividend on Common Stock

GRAND RAPIDS, Mich., Jan. 10, 2025 (GLOBE NEWSWIRE) — Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that today its Board of Directors declared a quarterly cash dividend on its common stock of 26 cents per share. This dividend is payable on February 14, 2025, to shareholders of record on February 4, 2025. The quarterly dividend represents an 8% increase over the quarterly dividend rate paid for each quarter in 2024. William B. (“Brad”) Kessel, the President and Chief Executive Officer of Independent Bank Corporation, commented: “I am pleased that our Board of Directors has approved an increase of over 8% in our quarterly dividend compared to the rate paid each quarter in 2024. This marks the twelfth consecutive annual increase in our dividend payment....

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Confirmation of Special Year-End Dividend Amount

TORONTO, Jan. 09, 2025 (GLOBE NEWSWIRE) — Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX: FC) is pleased to confirm that its board of directors has formally declared the previously announced special year-end dividend of $0.056 per common share. The regular December 2024 dividend and the special year-end dividend, totalling $0.134 per common share, are payable on January 15, 2025, to holders of common shares of record at the close of business on December 31, 2024. The special year-end dividend recognizes that the annual income generated in 2024 exceeded the regular dividends. Accordingly, the Corporation is paying out the special year-end dividend to ensure it distributes all its taxable income. The special dividend is not indicative of future performance by the Corporation. Total dividends paid...

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