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Mercantile Bank Corporation Increases Regular Cash Dividend

Board declares $0.35 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 3.7 percent GRAND RAPIDS, Mich., Jan. 16, 2024 (GLOBE NEWSWIRE) — Mercantile Bank Corporation (NASDAQ: MBWM) (“Mercantile”) announced today that on January 11, 2024, its Board of Directors declared a regular quarterly cash dividend of $0.35 per common share, payable on March 13, 2024, to holders of record as of March 1, 2024.   The $0.35 cash dividend is approximately 3 percent and 6 percent higher than the cash dividends paid during the fourth quarter and first quarter of 2023, respectively. “The Board’s declaration of an increased first quarter regular cash dividend reflects our unwavering commitment to provide shareholders with competitive returns on their investments,” said Robert B. Kaminski, Jr., President...

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Melcor REIT announces January distribution of $0.04 per unit

EDMONTON, Alberta, Jan. 15, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distribution of $0.04 per unit for the month of January 2024 unchanged from previous months. The January distribution will be payable as follows:Month Record Date Distribution Date Distribution AmountJanuary 2024 January 31, 2024 February 15, 2024 $0.04 per unit About Melcor REIT Melcor REIT is an unincorporated, open-ended real estate investment trust. Melcor REIT owns, acquires, manages and leases quality retail, office and industrial income-generating properties in western Canada. Its portfolio is currently made up of interests in 38 properties representing approximately 3.1 million square feet of gross leasable area located across Alberta and in Regina,...

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ERES REIT Declares January 2024 Monthly Distribution

TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the January 2024 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “January Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on January 31, 2024, with payment on February 15, 2024. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01460 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered...

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Peyto Exploration & Development Corp. Confirms Monthly Dividend for February 15, 2024

CALGARY, Alberta, Jan. 15, 2024 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to January 2024 of $0.11 per common share is to be paid on February 15, 2024, for shareholders of record on January 31, 2024. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The website also includes a monthly report, which discusses various topics chosen by the President and CEO and includes estimates of monthly capital expenditures and production. For further information please contact: Jean-Paul LachancePresident...

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Energy Income Fund Announces Monthly Distributions for 2024

TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) — Energy Income Fund (TSX – ENI.UN) (the “Fund”) announces the following distributions per unit will be declared payable on each distribution payment date to unitholders of record on the distribution record date indicated below:Record Date Payment Date Amount (C$ per unit)January 31, 2024 February 15, 2024 $0.01February 29, 2024 March 15, 2024 $0.01March 31, 2024 April 15, 2024 $0.01April 30, 2024 May 15, 2024 $0.01May 31, 2024 June 17, 2024 $0.01June 30, 2024 July 15, 2024 $0.01July 31, 2024 August 15, 2024 $0.01August 31, 2024 September 16, 2024 $0.01September 30, 2024 October 15, 2024 $0.01October 31, 2024 November 15, 2024 $0.01November 30, 2024 December 16, 2024 $0.01December 31, 2024 January 15, 2025 $0.01 For further information, please...

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Citadel Income Fund Announces Monthly Distributions for 2024

TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) — Citadel Income Fund (TSX – CTF.UN) (the “Fund”) announces the following distributions per unit will be declared payable on each distribution payment date to unitholders of record on the distribution record date indicated below:Record Date Payment Date Amount (C$ per unit)January 31, 2024 February 15, 2024 $0.01February 29, 2024 March 15, 2024 $0.01March 31, 2024 April 15, 2024 $0.01April 30, 2024 May 15, 2024 $0.01May 31, 2024 June 17, 2024 $0.01June 30, 2024 July 15, 2024 $0.01July 31, 2024 August 15, 2024 $0.01August 31, 2024 September 16, 2024 $0.01September 30, 2024 October 15, 2024 $0.01October 31, 2024 November 15, 2024 $0.01November 30, 2024 December 16, 2024 $0.01December 31, 2024 January 15, 2025 $0.01For further information, please contact...

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Allied Announces January 2024 Distribution

TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”)(TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of January 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on February 15, 2024, to unitholders of record as at January 31, 2024. About Allied Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Allied’s mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied’s vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people. FOR FURTHER INFORMATION, PLEASE CONTACT: Cecilia C. Williams, President...

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Extendicare Announces January 2024 Dividend of C$0.04 per Share

MARKHAM, Ontario, Jan. 15, 2024 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) announced that it has declared a cash dividend of C$0.04 per common share of the Company (the “Common Share”) for the month of January 2024, which is payable on February 15, 2024 to shareholders of record at the close of business on January 31, 2024. This dividend is designated as an “eligible dividend” within the meaning of the Income Tax Act (Canada). About Extendicare Extendicare is a leading provider of care and services for seniors across Canada, operating under the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Partner Network brands. We are committed to delivering quality care throughout the health continuum to meet the needs of a growing seniors population. We operate or provide managed services...

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Flagship Communities Real Estate Investment Trust Announces January 2024 Cash Distribution

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (the “REIT”) (TSX:MHC.U; MHC.UN) announced today a cash distribution of US$0.0492 per REIT unit for the month of January 2024, representing US$0.59 per REIT unit on an annual basis. Payment will be made on or about February 15, 2024 to unitholders of record as of the close of business on January 31, 2024. Distributions paid to Canadian unitholders (and other non-U.S. unitholders) generally will be subject to U.S. withholding tax. Unitholders should consult their own tax advisors for advice with respect to the tax consequences of receiving a distribution from the REIT in their own circumstances. About Flagship Communities Real Estate Investment Trust Flagship...

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cBrain beats expectations on top and bottom lines as subscription revenue jumps

Company Announcement no. 01/2024 cBrain beats expectations on top and bottom lines as subscription revenue jumpsCopenhagen, January 15, 2024cBrain (NASDAQ: CBRAIN) is pleased to recognize a significant jump in subscription revenue during the fourth quarter of 2023 due to increased usage of the F2 digital platform across the user base. Consequently, cBrain now upgrades total revenue growth guidance to 25-27%, up from previous 20-25%, and upgrades earnings before tax (EBT) guidance to 32-34%, up from previous 20-25%. — For the fiscal year 2023, cBrain initially guided revenue growth of 15-20% and earnings before tax (EBT) of 18-22%. First half year 2023 results exceeded expectations due to increased software sales. Consequently, in July the full-year revenue growth guidance for 2023 was increased to 20-25%, up from the previous range...

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