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Compass Diversified Declares Second Quarter 2024 Distributions on Common and Series A, B and C Preferred Shares

WESTPORT, Conn., July 02, 2024 (GLOBE NEWSWIRE) — Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that its Board of Directors (the “Board”) has declared a quarterly cash distribution of $0.25 per share on the Company’s common shares (the “Common Shares”). The distribution for the three months ended June 30, 2024, is payable on July 25, 2024, to all holders of record of Common Shares as of July 18, 2024. The Board also declared a quarterly cash distribution of $0.453125 per share on the Company’s 7.250% Series A Preferred Shares (the “Series A Preferred Shares”). The distribution on the Series A Preferred Shares covers the period from, and including, April 30, 2024, up to, but excluding, July 30, 2024. The distribution for such period is payable on July 30,...

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PennantPark Investment Corporation Announces Monthly Distribution of $0.08 per Share

MIAMI, July 02, 2024 (GLOBE NEWSWIRE) — PennantPark Investment Corporation (the “Company”) (NYSE: PNNT) declares its monthly distribution for July 2024 of $0.08 per share, payable on August 1, 2024 to stockholders of record as of July 15, 2024. The distribution is expected to be paid from taxable net investment income. The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company’s periodic report filed with the Securities and Exchange Commission. ABOUT PENNANTPARK INVESTMENT CORPORATION PennantPark Investment Corporation is a business development company which primarily invests in U.S. middle-market private companies in the form of first lien secured debt, second lien secured debt, subordinated debt and equity investments....

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GAMCO Expects to Report Diluted EPS for the Second Quarter 2024 of $0.59 to $0.65 Per Share

GREENWICH, Conn., July 02, 2024 (GLOBE NEWSWIRE) — GAMCO Investors, Inc. (“GAMI”) (OTCQX: GAMI) announced today that assets under management (“AUM”) were $30.7 billion at June 30, 2024 as compared to an adjusted $30.1 billion at June 30, 2023. AUM would have been $31.2 billion at June 30, 2024 on the same basis as the reported $30.7 billion at June 30, 2023. GAMI expects to report second quarter 2024 diluted earnings in the range of $0.59 to $0.65 per share versus $0.58 per share for the second quarter of 2023. GAMI will be issuing further details on its financial results in early August. About GAMCO Investors, Inc. GAMI is known for its research-driven value approach to equity investing (known as PMV with a CatalystTM). GAMI conducts its investment advisory business principally through two subsidiaries: Gabelli Funds, LLC (24...

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Radius Recycling Reports Third Quarter Fiscal 2024 Financial Results

Ferrous, Nonferrous and Finished Steel Sales Volumes Up Sequentially Radius Board Declares Quarterly Dividend PORTLAND, Ore., July 02, 2024 (GLOBE NEWSWIRE) — Radius Recycling, Inc. (NASDAQ: RDUS) today reported results for the third quarter of fiscal 2024 ended May 31, 2024. The Company’s reported and adjusted results differed significantly this quarter. Due primarily to a non-cash goodwill impairment charge reflecting the challenging market conditions for recycled metals experienced during the last year, the Company reported a loss per share from continuing operations of $(6.97) and a net loss of $(199) million in the third quarter. These results included a goodwill impairment charge of $216 million or $(6.21) per share net of taxes and compared to a reported loss per share of $(1.19) and net loss of $(34) million in the second...

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Guggenheim Investments Announces July 2024 Closed-End Fund Distributions

NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) — Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”). The following dates apply to the distributions:Record Date July 15, 2024Ex-Dividend Date July 15, 2024Payable Date July 31, 2024   Distribution ScheduleNYSE Ticker Closed-End Fund Name Distribution Per Share Change from Previous Distribution FrequencyAVK Advent Convertible and Income Fund $0.1172†   MonthlyGBAB Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust $0.12573†   MonthlyGOF Guggenheim Strategic Opportunities Fund $0.1821†   MonthlyGUG Guggenheim Active Allocation Fund $0.11875†   Monthly† A portion...

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Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc. Declare Pre-Merger Distributions

NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) — Apollo Senior Floating Rate Fund Inc. (NYSE: AFT) and Apollo Tactical Income Fund Inc. (NYSE: AIF) today declared pre-merger distributions to their respective stockholders. The specific distribution dates and amounts are detailed below. As previously announced, AFT and AIF received stockholder approval of the necessary proposals related to their mergers with and into MidCap Financial Investment Corporation (NASDAQ: MFIC), and the mergers are currently expected to close in late July, subject to the satisfaction of customary closing conditions. The pre-merger distributions are intended to fully distribute AFT’s and AIF’s accumulated undistributed net investment income prior to the closing of their mergers with and into MFIC, as required pursuant to the terms of the merger agreements previously...

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Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc. Declare Pre-Merger Distributions

NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) — Apollo Senior Floating Rate Fund Inc. (NYSE: AFT) and Apollo Tactical Income Fund Inc. (NYSE: AIF) today declared pre-merger distributions to their respective stockholders. The specific distribution dates and amounts are detailed below. As previously announced, AFT and AIF received stockholder approval of the necessary proposals related to their mergers with and into MidCap Financial Investment Corporation (NASDAQ: MFIC), and the mergers are currently expected to close in late July, subject to the satisfaction of customary closing conditions. The pre-merger distributions are intended to fully distribute AFT’s and AIF’s accumulated undistributed net investment income prior to the closing of their mergers with and into MFIC, as required pursuant to the terms of the merger agreements previously...

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ARMOUR Residential REIT, Inc. Confirms July 2024 Common Share and Series C Preferred Share Dividends

VERO BEACH, Florida, July 01, 2024 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today confirmed the July 2024 cash dividend for the Company’s Common Stock, consistent with the previous guidance which the Company released on June 24, 2024. The Company also confirmed the Q3 2024 monthly cash dividend rate for the Company’s Series C Preferred Stock. July 2024 Common Stock Dividend InformationMonth   Dividend   Holder of Record Date   Payment DateJuly 2024   $0.24   July 15, 2024   July 30, 2024             Q3 2024 Series C Preferred Stock Dividend InformationMonth   Dividend   Holder of Record Date   Payment DateJuly 2024   $0.14583   July 15, 2024   July 29, 2024August 2024   $0.14583   August 15, 2024   August 27, 2024September 2024   $0.14583   September...

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Global Net Lease, Inc. Announces Common Stock Dividend for the Third Quarter 2024

NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) — Global Net Lease, Inc. (“GNL” or the “Company”) (NYSE: GNL / GNL PRA / GNL PRB / GNL PRD / GNL PRE) announced today that it declared a dividend of $0.275 per share of common stock payable on July 16, 2024, to common stockholders of record at the close of business on July 11, 2024. Dividends authorized by the Company’s board of directors and declared by the Company are paid on a quarterly basis in arrears during the first month following the end of each fiscal quarter (unless otherwise specified) to common stockholders of record on the record date for such payment. About Global Net Lease, Inc. Global Net Lease, Inc. is a publicly traded real estate investment trust listed on the NYSE, which focuses on acquiring and managing a global portfolio of income producing net lease assets across...

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Riverview Bancorp Declares Quarterly Cash Dividend of $0.02 Per Share

VANCOUVER, Wash., June 28, 2024 (GLOBE NEWSWIRE) — Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today announced that on June 26, 2024, its Board of Directors approved a quarterly cash dividend of $0.02 per share, which is a $0.04 decrease compared to the preceding quarter. The dividend is payable on July 22, 2024, to shareholders of record as of July 10, 2024. “We recognize the importance and impact of the dividend reduction to all of our shareholders, and it was a difficult decision. We believe this is the prudent decision as it allows us to continue to execute on both our short-term and long-term objectives,” said Gerald L. Nies, Chairman of the Board. About Riverview Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington – just north of Portland, Oregon on the I-5...

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