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Brookfield Wealth Solutions Announces Second Quarter Results and Declares Regular Quarterly Distribution

BROOKFIELD, NEWS, Aug. 08, 2024 (GLOBE NEWSWIRE) — Brookfield Reinsurance (NYSE, TSX: BNRE, BNRE.A), soon to be renamed ‘Brookfield Wealth Solutions,’ today announced financial results for the quarter ended June 30, 2024. Sachin Shah, CEO, stated, “We delivered strong operating results during the second quarter. With the closing of American Equity Life our asset base has doubled, our annuity sales are growing and we are well positioned for our next stage of growth.”UnauditedAs of and for the periods ended June 30(US$ millions, except per share amounts) Three Months Ended   Six Months Ended  2024     2023     2024     2023Total assets $ 130,533   $ 47,994   $ 130,533   $ 47,994Adjusted equity1   11,384     5,047     11,384     5,047Distributable operating earnings1   298     160     577     305Net income   269     360     606     267Net...

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YieldMax™ Launches Option Income Strategy ETF on Alibaba (BABA)

CHICAGO and MILWAUKEE and NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) — YieldMax™ announced the launch today of the following ETF: YieldMax™ BABA Option Income Strategy ETF (NYSE Arca: BABO) BABO seeks to generate monthly income by pursuing options-based strategies on the ADRs of Alibaba Group Holding Limited (“BABA”). BABO is actively managed by ZEGA Financial. BABO does not invest directly in BABA or its ADRs. BABO is the newest member of the YieldMax™ ETF family and like all YieldMax™ ETFs, aims to deliver current income to investors. Please see table below for distribution and yield information for all outstanding YieldMax™ ETFs. Note: CRSH, FIAT and DIPS are hereinafter referred to as the “Short ETFs” and “ADR” stands for American Depositary Receipt. Please note that distributions may include...

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Enerpac Tool Group Announces Dividend

MILWAUKEE, Aug. 07, 2024 (GLOBE NEWSWIRE) — Enerpac Tool Group Corp. (NYSE: EPAC) announced today that its Board of Directors has declared a cash dividend on its Class A common stock. The annual dividend of $0.04 per common share will be payable on October 18, 2024 to shareholders of record at the close of business on October 7, 2024. About Enerpac Tool Group Enerpac Tool Group Corp. is a premier industrial tools, services, technology, and solutions provider serving a broad and diverse set of customers and end markets for mission-critical applications in more than 100 countries. The Company makes complex, often hazardous jobs possible safely and efficiently. Enerpac Tool Group’s businesses are global leaders in high pressure hydraulic tools, controlled force products, and solutions for precise positioning of heavy loads that help...

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NL INDUSTRIES ANNOUNCES A SPECIAL DIVIDEND OF 43 CENTS PER SHARE PAYABLE IN AUGUST 2024, AND A QUARTERLY DIVIDEND FOR THE THIRD QUARTER OF 2024 AT 8 CENTS PER SHARE

Dallas, Texas, Aug. 07, 2024 (GLOBE NEWSWIRE) — NL Industries, Inc. (NYSE: NL) today announced that its board of directors has declared a special cash dividend of forty-three cents ($0.43) per share and a quarterly dividend of eight cents ($0.08) per share, in each case on its common stock.  The special dividend, which is being funded from excess cash flows, is payable on August 29, 2024 to shareholders of record at the close of business on August 19, 2024.  The quarterly dividend of $.08 per share is payable on September 24, 2024 to shareholders of record at the close of business on September 6, 2024.  NL Industries, Inc. is engaged in the component products (security products and recreational marine components) and chemicals (TiO2) businesses. * * * * * Investor Relations Contact Bryan A. HanleySenior Vice President and TreasurerTel....

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Andrew Peller Limited Announces Second Quarter Fiscal 2025 Dividend

GRIMSBY, Ontario, Aug. 07, 2024 (GLOBE NEWSWIRE) —  The Board of Directors of Andrew Peller Limited (ADW.A / ADW.B) (the “Company”) announced today that it has approved a quarterly common share dividend of $0.0615 per Class A Share and $0.0535 per Class B Share to be paid on October 11, 2024 to shareholders of record on September 30, 2024. The Company has consistently paid common share dividends since 1979 and has increased dividends seven times over the last ten years, most recently in fiscal 2022. The Company currently designates all dividends paid as “eligible dividends” for purposes of the Income Tax Act (Canada) unless indicated otherwise. About Andrew Peller Limited Andrew Peller Limited is one of Canada’s leading producers and marketers of quality wines and craft spirits. The Company’s award‐winning premium and ultra‐premium...

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Karat Packaging Board Declares Special Cash Dividend and Regular Quarterly Cash Dividend

CHINO, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) — Karat Packaging Inc. (Nasdaq: KRT) (the “Company” or “Karat”), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors has approved payment of a regular quarterly cash dividend of $0.35 per share. The board also declared a special cash dividend of $0.15 per share on the Company’s common stock. Both dividends are payable on or about August 30, 2024, to shareholders of record at the close of business on August 21, 2024. “These distributions reflect Karat’s strong cash position and positive long-term outlook,” said Alan Yu, chief executive officer. “Our board remains committed to providing returns to our shareholders and to continually assess opportunities to enhance shareholder value.” About Karat Packaging...

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Stryker declares an $0.80 per share quarterly dividend

Portage, Michigan, Aug. 07, 2024 (GLOBE NEWSWIRE) — Stryker (NYSE:SYK) announced that its Board of Directors has declared a quarterly dividend of $0.80 per share payable October 31, 2024 to shareholders of record at the close of business on September 30, 2024, representing an increase of 6.7% versus the prior year and unchanged from the previous quarter.  About Stryker Stryker is a global leader in medical technologies and, together with its customers, is driven to make healthcare better. The company offers innovative products and services in MedSurg, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually. More information is available at www.stryker.com. Contacts For investor inquiries please contact:Jason...

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PHX Energy Announces Solid Second Quarter Results

CALGARY, Alberta, Aug. 06, 2024 (GLOBE NEWSWIRE) — Second Quarter HighlightsFor the three-month period ended June 30, 2024, PHX Energy generated consolidated revenue of $154.2 million, only 1 percent lower than the record second quarter consolidated revenue of $155.6 million generated in 2023. Strong Canadian segment revenue and activity continued which helped partially offset the impact of the lower US rig count on the Corporation’s US results. Consolidated revenue in the 2024-quarter included $10 million of motor rental revenue and $1.1 million of motor equipment and parts sold (2023 – $12.6 million and $3.2 million, respectively).  In the second quarter of 2024, adjusted EBITDA(1) was $30 million, 19 percent of consolidated revenue(1), as compared to $34.8 million, 22 percent of consolidated revenue, in the same 2023-quarter....

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Osisko Declares Third Quarter 2024 Dividend

MONTREAL, Aug. 06, 2024 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce that the Board of Directors has approved a third quarter 2024 dividend of C$0.065 per common share. This marks Osisko’s 40th consecutive quarterly dividend, which will be paid on October 15, 2024 to shareholders of record as of the close of business on September 30, 2024. This dividend is an “eligible dividend” as defined in the Income Tax Act (Canada). For shareholders residing in the United States, the U.S. dollar equivalent will be determined based on the daily rate published by the Bank of Canada on September 30, 2024. The Company also wishes to remind its shareholders that it has implemented a dividend reinvestment plan (the “Plan”). Shareholders who are residents of Canada...

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Osisko Reports Q2 2024 Results

Record operating cash flows of $52.3 million with quarterly cash margin of 97% Appointment of Ms. Wendy Louie to the Board of Directors MONTREAL, Aug. 06, 2024 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) today announced its consolidated financial results for the second quarter of 2024. Amounts presented are in Canadian dollars, except where otherwise noted. Highlights20,068 gold equivalent ounces1 (“GEOs”) earned (24,645 GEOs in Q2 2023); Revenues from royalties and streams of $64.8 million ($60.5 million in Q2 2023); Record cash flows generated by operating activities of $52.3 million ($47.4 million in Q2 2023); Net loss of $21.1 million, $0.11 per basic share (net earnings of $18.0 million, $0.10 per basic share in Q2 2023), as a result of a non-cash impairment loss of $67.8...

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