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Park Hotels & Resorts Announces Tax Treatment of 2023 Dividends

TYSONS, Va., Jan. 16, 2024 (GLOBE NEWSWIRE) — Park Hotels & Resorts Inc. (NYSE:PK) (“Park” or the “Company”) today announced the tax reporting information for its 2023 cash distributions on its Common Stock. The distributions, totaling $2.15 per share, were paid as follows: $0.15 on April 17, 2023; $0.15 on July 17, 2023; $0.15 on October 16, 2023; $0.77 on January 16, 2024, and $0.93 on January 16, 2024. For income tax purposes, the dividends for 2023, totaling $2.15 per share, are classified as $2.15 (100%) Total capital gain distribution. The following table summarizes the income tax treatment of the Company’s 2023 dividends: 2023 Dividend Tax Reporting Information (Form 1099-DIV) Park Hotels & Resorts Inc. Common Stock: PK CUSIP: 700517 105Record Date Payable Date Dividend per Share Total ordinary dividends...

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Calavo Growers Evaluating Potential Sale of Its Fresh Cut Business (formerly “RFG”); Declares Quarterly Dividend

SANTA PAULA, Calif., Jan. 16, 2024 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today announced that it is exploring a sale of its Fresh Cut Business (formerly “RFG”) to F&S Fresh Foods. “Since I returned to Calavo as CEO in March, we have renewed our focus on our core avocado and guacamole businesses to maximize profitability, and I am pleased with the progress we have made,” said Lee E. Cole, President and Chief Executive Officer of Calavo Growers, Inc. “To dedicate more focus to our core and to maximize shareholder value, we have been exploring strategic alternatives for our Fresh Cut business, previously known as RFG. I am pleased to share that we have signed a non-binding letter of intent to evaluate a sale of our Fresh...

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Becker Milk Company Announces Special Dividend

TORONTO, Jan. 16, 2024 (GLOBE NEWSWIRE) — The Becker Milk Company Limited (the “Company”) (TSX-BEK.B) announces the declaration of a special dividend. SPECIAL DIVIDEND The Directors of the Company have declared a special dividend on Class B Special and Common Shares of $1.00 per share. This dividend will be paid to those shareholders of record as of January 24, 2024 and payable on January 31, 2024. The dividend will be considered as an eligible dividend for Canadian tax purposes. For the Board of DirectorsG.W.J. Pottow, PresidentTel: 416-698-2591

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Jeffersonville Bancorp Announces Special Dividend of $0.15 per share

JEFFERSONVILLE, N.Y., Jan. 16, 2024 (GLOBE NEWSWIRE) — Jeffersonville Bancorp, Inc. (OTCQB – JFBC) announced today that a special cash dividend in the amount of fifteen cents ($0.15) per share on the common stock of the company was declared at the January 16, 2024 meeting of the Board of Directors. The dividend is payable on February 5, 2024 to stockholders of record at the close of business on January 29, 2024. “The Company had an exceptional year in 2023 due to steady loan growth, improved credit quality, and low core funding costs. In addition, the higher rate environment contributed significantly to interest on loans and balances at the Federal Reserve,” said George W. Kinne, Jr., President and CEO. “The Board of Directors is pleased that with our positive results and strong capital position, they are able...

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Retail Opportunity Investments Corp. Announces Tax Reporting Information for 2023 Distributions

SAN DIEGO, Jan. 16, 2024 (GLOBE NEWSWIRE) — Retail Opportunity Investments Corp. (NASDAQ: ROIC), announced today the federal tax treatment of the 2023 distributions on its shares of common stock. The federal tax treatment of the 2023 distributions as it is expected to be reported on Form 1099-DIV is as follows:Record Date Payable Date Total Distribution per Share Ordinary Income per Share Section 199A Dividends1         03/17/2023 04/07/2023 $0.1500 $0.1500 $0.150006/16/2023 07/07/2023 $0.1500 $0.1500 $0.150009/15/2023 10/06/2023 $0.1500 $0.1500 $0.150012/15/2023 01/05/2024 $0.1500 $0.1500 $0.1500         1Represents dividends eligible for the 20% qualified business income deduction under Section 199A, and is included in “Ordinary Income Per Share” Stockholders are encouraged to consult with their personal...

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District Metals Announces $4 Million Bought Deal Private Placement Financing

VANCOUVER, British Columbia, Jan. 16, 2024 (GLOBE NEWSWIRE) — District Metals Corp. (TSX-V: DMX) (OTCQB: DMXCF) (FRA: DFPP); (“District” or the “Company”) is pleased to announce that it has entered into an agreement with PI Financial Corp. to act as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (the “Underwriters”), whereby the Underwriters will purchase, on a “bought deal” basis, 18,200,000 units (the “Units”) of the Company at a price of C$0.22 per Unit (the “Offering Price”) for aggregate gross proceeds of C$4,004,000 (the “Offering”). Each Unit shall be comprised of one common share (“Common Share”) in the capital of the Company and one half of one transferable Common Share purchase warrant (each whole such Common Share purchase warrant, a “Warrant”). Each whole Warrant shall entitle the holder...

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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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