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SoFi Announces Monthly Distributions on $THTA (12.00%)

NEW YORK, Oct. 14, 2024 (GLOBE NEWSWIRE) — SoFi, a leading provider of thematic and income ETFs, today announced monthly distributions on the SoFi Enhanced Yield ETF (THTA). Distribution as of 10/14/2024ETFTicker Distributionper Share DistributionRate * 30-Day SEC Yield** Ex-Date RecordDate PaymentDateTHTA $0.1904 12.00% 4.04% 10/15/2024 10/15/2024 10/16/2024Inception date: 11/15/2023Click here to view standardized performance for THTA. THTA, launched in partnership with Tidal Investments LLC and ZEGA Financial LLC, seeks current income by combining a strategy of holding U.S. government securities, including U.S. Treasury Bills and U.S. Treasury Bonds, with a “credit spread” option strategy to seek to generate enhanced yield. About SoFiOur mission is to help people reach financial independence to realize their ambitions....

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CSW Industrials Increases Quarterly Dividend by 14% to $0.24 Per Share

DALLAS, Oct. 11, 2024 (GLOBE NEWSWIRE) — The Board of Directors of CSW Industrials, Inc. (Nasdaq: CSWI) today declared a regular quarterly cash dividend of $0.24 per share. This represents an increase of $0.03 per share, or approximately 14.3%, as compared to the declared dividend in the prior quarter. The dividend is payable on November 8, 2024, to shareholders of record as of the close of business on October 25, 2024. “We are pleased to announce another increase in our quarterly dividend. The mid-year dividend increase reflects our strong balance sheet, cash flows and profitability. Since October of 2015, we have returned over $200 million in cash to our shareholders through share repurchases and dividends, while delivering impressive growth and best-in-class margins,” said Joseph B. Armes, CSW Industrials Chairman, President,...

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Prosper Gold Corp. Closes Private Placement

VANCOUVER, British Columbia, Oct. 10, 2024 (GLOBE NEWSWIRE) — Prosper Gold Corp. (“Prosper Gold” or the “Company“) (TSXV:PGX) announces that it has closed its non-brokered private placement financing (the “Financing”) of units (each, a “Unit”). The Financing consisted of 5,700,000 Units at a price of $0.10 per Unit, for gross proceeds to the Company of $570,000. Each Unit consists of one common share of the Company (each, a “Common Share”) and one common share purchase warrant (each, a “Warrant”). Each Warrant entitles the holder to acquire one Common Share at an exercise price of $0.20 (the “Warrant Exercise Price”) for a period of 24 months following the closing date. In connection with the Financing, the Company paid $27,650 in cash and issued 276,500 common share purchase warrants (each, a “Broker...

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Targa Resources Corp. Announces Quarterly Dividend and Timing of Third Quarter 2024 Earnings Webcast

HOUSTON, Oct. 10, 2024 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced its quarterly dividend on common shares with respect to the third quarter of 2024. Targa announced today that its board of directors has declared a quarterly cash dividend of $0.75 per common share, or $3.00 per common share on an annualized basis, for the third quarter of 2024. This cash dividend will be paid November 15, 2024 on all outstanding common shares to holders of record as of the close of business on October 31, 2024. The Company will report its third quarter 2024 financial results before the market opens for trading on Tuesday, November 5, 2024 and will host a live webcast over the internet at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) to discuss its 2024 third quarter financial...

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Kayne Anderson Energy Infrastructure Fund Announces Change to Monthly Distributions and Announces Distributions

HOUSTON, Oct. 10, 2024 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) announced today its distribution payment frequency will change from quarterly to monthly payments beginning in November 2024. As outlined in the table below, the Company declared a monthly distribution of $0.08 per share payable in November 2024, December 2024 and January 2025. This monthly distribution amount is equivalent to the $0.24 per share quarterly distribution paid by KYN on October 7, 2024. The Board of Directors and management understand how important distributions are to the Company’s investors and believe this change to KYN’s distribution policy will make it an attractive choice for investors who desire more frequent distribution payments. Payment of future distributions is subject to the approval of the Company’s...

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Bassett Reports Fiscal Third Quarter Results, Updates Progress on Restructuring Plan and Announces Regular Quarterly Dividend

BASSETT, Va., Oct. 09, 2024 (GLOBE NEWSWIRE) — Bassett Furniture Industries, Inc. (Nasdaq: BSET) reported today its results of operations for its third quarter ended August 31, 2024. In addition, the Company’s Board of Directors declared a regular quarterly dividend of $0.20 per share of common stock, payable on Nov. 29, 2024, to shareholders of record at the close of business on Nov. 15, 2024. This dividend represents an 11% increase over the prior year’s quarterly dividend. Q3 Consolidated Business Highlights: [FY 24 vs. FY 23, unless otherwise specified]Revenues decreased 13%, impacted by a cyber incident that suspended all financial systems and manufacturing for 7 days. Operating loss of $6.4 million, which included a $1.2 million loss on a logistical services contract the Company abandoned and various costs associated with...

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Richardson Electronics Reports First Quarter Results; Declares Quarterly Cash Dividend

Q1 FY25 net sales increase 2.2% YoY, the first quarterly YoY increase since Q3 FY23 Richardson Electronics ended Q1 with positive operating cash flow for the second consecutive quarter, $23.0 million in cash and cash equivalents and no debt Management expects YoY sales growth and higher profitability for FY25 LAFOX, Ill., Oct. 09, 2024 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ: RELL) today reported financial results for its first quarter ended August 31, 2024. The Company also announced that its Board of Directors declared a $0.06 per share quarterly cash dividend. “Our first quarter results are encouraging and benefited from the strategies underway to drive sales growth, improve profitability, and generate positive operating cash flow,” said Edward J. Richardson, Chairman, CEO, and President. “For the first...

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Oil-Dri’s Board of Directors Declares Quarterly Dividends and Approves Two-for-One Stock Split

CHICAGO, Oct. 09, 2024 (GLOBE NEWSWIRE) — The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) today declared quarterly cash dividends of $0.31 per share of the Company’s Common Stock and $0.233 per share of the Company’s Class B Stock and approved a two-for-one stock split in the form of a stock dividend. The quarterly cash dividends will be payable on November 22, 2024 to stockholders of record at the close of business on November 8, 2024. Oil-Dri has paid cash dividends continuously each year since 1974 and has increased dividends annually for twenty-one consecutive years. The stock split is subject to stockholder approval of an amendment to the Company’s Certificate of Incorporation to increase the number of authorized shares of Common Stock to accommodate the stock split. The Company intends to seek stockholder...

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Caldwell U.S. Dividend Advantage Fund Declares Distributions for Q4 2024

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Oct. 09, 2024 (GLOBE NEWSWIRE) — Caldwell Investment Management Ltd., the manager of Caldwell U.S. Dividend Advantage Fund (the “Fund”), is pleased to announce the payment of distributions on the actively-managed ETF Series of the Fund to unitholders of record as indicated below. The monthly distribution rate of CAD $0.038 per unit of the ETF Series represents an attractive annualized yield on net assets of approximately 2.7%.Record Date Payment Date Distribution per UnitOctober 31, 2024 November 6, 2024 CAD $0.038November 29, 2024 December 5, 2024 CAD $0.038December 31, 2024 January 7, 2025 CAD $0.038     ETF Series unitholders also have the option to participate in the distribution reinvestment plan (“DRIP”)...

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Bird Construction Announces 50% Dividend Increase and Releases 2025-2027 Financial Targets

MISSISSAUGA, Ontario, Oct. 09, 2024 (GLOBE NEWSWIRE) — Bird Construction Inc. (TSX: BDT) will host its 2024 Investor Day in Toronto today, October 9, 2024, starting at 9:00 a.m. ET. The event, inclusive of formal presentations and a Q&A session with the senior leadership team, is expected to conclude at approximately 12:00 p.m. ET. Building on the significant growth and enhanced diversification achieved through the Company’s 2022-2024 Strategic Plan, Teri McKibbon, President and Chief Executive Officer, and Wayne Gingrich, Chief Financial Officer, along with other members of the senior leadership team will present an in-depth overview of Bird’s 2025-2027 Strategic Plan, including market outlook, a deeper dive into its operations, capital allocation strategy, and long-term financial targets. In conjunction with Bird’s 2024...

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