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Pilgrim’s Announces $1.5 Billion Special Dividend and Long-term Capital Allocation Strategy

Company Outlines Portfolio Enhancements, Brand Growth at Investor Day in New York GREELEY, Colo., March 14, 2025 (GLOBE NEWSWIRE) — Pilgrim’s Pride Corporation (NASDAQ: PPC), one of the world’s leading food companies, today announced a capital deployment strategy in support of its ongoing efforts to improve its capital structure, enhance its diversified portfolio, stimulate brand growth and generate shareholder value. As a part of the strategy, the company’s board of directors has approved the declaration of a special cash dividend of $6.30 per share. The total amount of the special dividend payment will be approximately $1.5 billion, based on the current number of shares outstanding. The special cash dividend is payable on April 17, 2025, to stockholders of record on April 3, 2025. “Pilgrim’s is confident in the future of our...

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Priority Income Fund Announces 13.0% Annualized Total Cash Distribution Rate (on Class R Offering Price) with “Bonus” and “Base” Common Shareholder Distributions for March 2025 through May 2025

NEW YORK, March 13, 2025 (GLOBE NEWSWIRE) — Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund’s Board of Directors has declared monthly cash “base” and “bonus” common shareholder distributions for March 2025, April 2025 and May 2025. The annualized total cash distribution is $1.34016 per share (13.0% annualized rate for Class R and 14.0% annualized rate for Class I), for distributions with record dates between March 13, 2025 and May 5, 2025 based on the current Class R offering price of $10.29 per common share and the current Class I offering price of $9.60 per common share. The cash “base” distribution will have monthly record dates and will be payable monthly to common stockholders of record at the close of business each month. These declared distributions equal a weekly cash amount...

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Advanced Flower Capital Inc. Announces Financial Results for Fourth Quarter and Full Year 2024

Fourth quarter 2024 GAAP net loss of $(1.0) million or $(0.05) per basic weighted average common share and Distributable Earnings¹ of $6.3 million or $0.29 per basic weighted average common share Full year 2024 GAAP net income of $16.8 million or $0.78 per basic weighted average common share and Distributable Earnings of $34.9 million or $1.68 per basic weighted average common share Dividend declared of $0.23 per common share for the first quarter 2025 WEST PALM BEACH, Fla., March 13, 2025 (GLOBE NEWSWIRE) — Advanced Flower Capital Inc. (f/k/a AFC Gamma, Inc.) (NASDAQ:AFCG) (“Advanced Flower Capital”, “AFC” or the “Company”) today announced its results for the fourth quarter and year ended December 31, 2024. AFC reported generally accepted accounting principles (“GAAP”) net loss of $(1.0) million or $(0.05) per basic weighted average...

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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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