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United Development Funding IV Announces Pre-Closing Cash Distribution Prior to Ready Capital Merger Closing

IRVING, Texas, March 13, 2025 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV”) announced today that on March 4, 2025, its board of trustees authorized a cash distribution of $2.3785 per share payable on or around March 13, 2025, to shareholders of record at the close of business on March 4, 2025, or approximately $73 million in the aggregate. This distribution is contemplated by the merger agreement between UDF IV and Ready Capital Corporation (NYSE: RC). Including the approximately $2 million distribution paid by UDF IV to shareholders in December 2024, this distribution brings the total amount distributed to shareholders since the announcement of the merger to the maximum $75 million in distributions permitted by the merger agreement. The merger is expected to close shortly after the payment of the distribution, subject...

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Central 1 reports fourth quarter and fiscal 2024 financial results

VANCOUVER, British Columbia, March 12, 2025 (GLOBE NEWSWIRE) — Central 1 Credit Union (Central 1) today reported its 2024 fourth quarter and year end performance reflecting strong financial results, including total revenue of $302.9 million for the year, a notable increase compared to last year. “We achieved strong financial results in 2024, despite economic challenges and our difficult decision to wind down our digital banking business,” said Sheila Vokey, President & CEO of Central 1. “To provide the long-term value and support our clients need in areas where we deliver value as a scale aggregator, we will take decisive action throughout 2025 to transform our business and focus on the strength of our payments, clearing and settlements, and treasury services to continue serving our clients long into the future.” Fourth quarter...

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Toll Brothers Announces 9% Increase to Quarterly Cash Dividend

FORT WASHINGTON, Pa., March 11, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (TollBrothers.com), the nation’s leading builder of luxury homes, today announced that its Board of Directors has approved a 9% increase in its quarterly cash dividend to shareholders. The dividend of $0.25 per share will be paid on April 25, 2025 to shareholders of record on the close of business on April 11, 2025. This is the fifth consecutive year the Company has raised its dividend. ABOUT TOLL BROTHERSToll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded 58 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves first-time, move-up, empty-nester, active-adult, and second-home...

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Priority Income Fund Announces Declaration of Preferred Stock Distributions for March 2025

NEW YORK, March 11, 2025 (GLOBE NEWSWIRE) — Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund’s Board of Directors has declared distributions on shares of the Fund’s 7.00% Series D Term Preferred Stock due 2029 (“Series D”), 6.625% Series F Term Preferred Stock due 2027 (“Series F”), 6.000% Series H Term Preferred Stock due 2026 (“Series H”), 6.125% Series I Term Preferred Stock due 2028 (“Series I”), 6.000% Series J Term Preferred Stock due 2028 (“Series J”), 7.000% Series K Cumulative Preferred Stock (“Series K”), and 6.375% Series L Term Preferred Stock due 2029 (“Series L”).  Ex-Dividend Date Record Date Payable Date Distribution per ShareSeries D March 24, 2025 March 24, 2025 March 31, 2025 $0.43750Series F March 24, 2025 March 24, 2025 March 31, 2025 $0.41406Series...

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Magic Software Reports Fourth Quarter and Full Year 2024 Financial Results

OR YEHUDA, Israel, March 11, 2025 (GLOBE NEWSWIRE) — Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) (“the Company”), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today its financial results for the fourth quarter and full year ended December 31, 2024. Summary Results for the Fourth Quarter 2024 (USD in millions, except per share data)  GAAP     Non-GAAP    Q4 2024 Q4 2023 % Change   Q4 2024 Q4 2023 % ChangeRevenues $ 142.6   $ 125.5   13.6%     $ 142.6   $ 125.5   13.6%  Gross profit $ 42.0   $ 37.0   13.5%     $ 43.2   $ 38.6   11.9%  Gross margin   29.4%     29.4%   –       30.3%     30.8%   (50) bps  Operating income $ 16.7   $ 13.0   28.6%     $ 18.8   $ 17.7   6.1%  Operating margin   11.7%     10.3%   140...

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HighPeak Energy, Inc. Announces Fourth Quarter and Year-End 2024 Financial and Operating Results and Provides 2025 Guidance

FORT WORTH, Texas, March 10, 2025 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced financial and operating results for the quarter and the year ended December 31, 2024. In addition, HighPeak provided its 2025 guidance and capital budget, as approved by its Board of Directors. Highlights2024 sales volumes averaged approximately 50.0 thousand barrels of crude oil equivalent per day (“MBoe/d”), representing a 10% increase year-over-year. The Company’s year-end 2024 estimated proved reserves were 199 million Boe (“MMBoe”), representing a 29% increase compared to year-end 2023. 2024 net income was $95.1 million, or $0.67 per diluted share and EBITDAX (a non-GAAP financial measure defined and reconciled below) was $842.9 million, or $6.01 per diluted share. 2024 adjusted net income...

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Cohen & Company Reports Fourth Quarter & Full Year 2024 Financial Results

Board Declares Quarterly Dividend of $0.25 per Share PHILADELPHIA and NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) — Cohen & Company Inc. (NYSE American: COHN), a financial services firm specializing in an expanding range of capital markets and asset management services, today reported financial results for its fourth quarter and full year ended December 31, 2024. Summary Operating Results    Three Months Ended   Twelve Months Ended($ in thousands) 12/31/24   9/30/24   12/31/23   12/31/24   12/31/23                   Net trading $ 8,947     $ 8,816     $ 7,809     $ 36,409     $ 30,926  Asset management   2,067       2,147       1,919       9,009       7,337  New issue and advisory   10,075       22,459       18,722       63,422       28,264  Principal transactions and other revenue   (2,548 )     (1,727 )     6,014       (29,242 )     16,454  Total...

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Applied Materials Increases Quarterly Cash Dividend by 15 Percent and Announces New $10 Billion Share Repurchase Authorization

SANTA CLARA, Calif., March 10, 2025 (GLOBE NEWSWIRE) — Applied Materials, Inc. today announced that its Board of Directors has approved a 15-percent increase in the quarterly cash dividend, marking eight consecutive years of higher dividends. The increase results in a quarterly dividend of $0.46 per share payable on June 12, 2025 to shareholders of record as of May 22, 2025. The Board also approved a new share repurchase authorization enabling Applied to buy back an additional $10 billion of its shares over time. This supplements the previous authorization which had approximately $7.6 billion remaining at the end of the first quarter of fiscal 2025. “Over the past 10 fiscal years, Applied Materials has distributed nearly 90 percent of free cash flow to shareholders,” said Brice Hill, Senior Vice President and CFO. “The dividend...

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Shell plc Fourth Quarter 2024 Euro and GBP Equivalent Dividend Payments

SHELL PLC FOURTH QUARTER 2024 EURO AND GBP EQUIVALENT DIVIDEND PAYMENTS March 10, 2025 The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of the fourth quarter 2024 interim dividend, which was announced on January 30, 2025 at US$0.358 per ordinary share. Shareholders have been able to elect to receive their dividends in US dollars, euros or pounds sterling. Holders of ordinary shares who have validly submitted US dollars, euros or pounds sterling currency elections by February 28, 2025 will be entitled to a dividend of US$0.358, €0.3315 or 27.79p per ordinary share, respectively. Absent any valid election to the contrary, persons holding their ordinary shares through Euroclear Nederland will receive their dividends in euros at the euro rate per ordinary share shown above. Absent...

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Canoe EIT Income Fund Announces March 2025 Monthly Distribution

CALGARY, Alberta, March 07, 2025 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the March 2025 monthly distribution of $0.10 per unit. Unitholders of record on March 21, 2025, will receive distributions payable on April 15, 2025. About Canoe EIT Income FundCanoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbol EIT.UN, and is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer, Canoe Financial. About Canoe Financial Canoe Financial is one of Canada’s fastest growing independent mutual fund companies managing over $19,5 billion in assets across a diversified...

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