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Franchise Group, Inc. Announces Redemption of 7.50% Series A Cumulative Perpetual Preferred Stock

DELAWARE, Ohio, July 19, 2023 (GLOBE NEWSWIRE) — Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group” or the “Company”) today announced that it has issued a notice of redemption (the “Redemption”) for all outstanding shares of its 7.50% Series A Cumulative Perpetual Preferred Stock (CUSIP: 35180X204) (the “Preferred Stock”). The Company is redeeming the Preferred Stock in connection with the Company’s previously announced merger (the “Merger”) and pursuant to Parent’s (as defined below) request in accordance with the terms and conditions of the Agreement and Plan of Merger (the “Merger Agreement”), dated as of May 10, 2023, entered into by and among the Company, Freedom VCM, Inc., a Delaware corporation (“Parent”), and Freedom VCM Subco, Inc., a Delaware corporation and wholly owned subsidiary of Parent. The Redemption is contingent...

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Nasdaq Announces Quarterly Dividend of $0.22 Per Share

NEW YORK, July 19, 2023 (GLOBE NEWSWIRE) — The Board of Directors of Nasdaq, Inc. (Nasdaq: NDAQ) has declared a regular quarterly dividend of $0.22 per share on the company’s outstanding common stock. The dividend is payable on September 29, 2023 to shareholders of record at the close of business on September 15, 2023. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors. About Nasdaq Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of...

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SmartCentres Declares Distribution for July 2023

TORONTO, July 18, 2023 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of July 2023 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on August 15, 2023 to unitholders of record on July 31, 2023. About SmartCentres SmartCentres Real Estate Investment Trust is one of Canada’s largest fully integrated REITs, with a best-in-class portfolio featuring 188 strategically located properties in communities across the country. SmartCentres has approximately $11.7 billion in assets and owns 34.8 million square feet of income producing value-oriented retail and first-class office space with 98.0% in place and committed occupancy, on...

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First Source Mortgage Fund Increases its Compounded Annualized Monthly Distribution to Investors to 9.06%

TORONTO, July 18, 2023 (GLOBE NEWSWIRE) — Effective July 31, 2023, First Source Mortgage Fund (“the Fund”) has increased the monthly distribution per eligible Class F unit from $0.070/Unit (70 bps) to $0.0725/Unit (72.5 bps). This increase provides for a non-compounded annualized return of 8.70%, or if the investor opted to reinvest distributions (DRIP), a compounded annualized return of 9.06%. Likewise, all other unit classes will receive the same increase in their monthly distribution. The impressive performance of the Fund is a result of our client-centric team culture, best-in-class conservative underwriting practices, and an increasing interest rate environment. David Mandel, the longtime CEO of First Source Mortgage Corporation, says “We continue to take advantage of the higher than typical interest rate environment. We are...

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CAPREIT Announces July 2023 Distribution

TORONTO, July 17, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its July 2023 monthly distribution in the amount of $0.12084 per Unit (or $1.45 on an annualized basis). The July distribution will be payable on August 15, 2023 to Unitholders of record on July 31, 2023. CAPREIT is Canada’s largest publicly traded provider of quality rental housing. As at March 31, 2023, CAPREIT owns approximately 66,000 residential apartment suites, townhomes and manufactured home community sites well-located across Canada and the Netherlands, with approximately $17 billion of investment properties in Canada and Europe. Since its Initial Public Offering in May 1997, CAPREIT has grown monthly cash distributions per Unit by 103%. For more information about CAPREIT, its business...

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ERES REIT Declares July 2023 Monthly Distribution

TORONTO, July 17, 2023 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the July 2023 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “July 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 July 31, 2023, with payment on August 15, 2023. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01464 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 Unitholders...

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Royalty Pharma Declares Third Quarter 2023 Dividend

NEW YORK, July 17, 2023 (GLOBE NEWSWIRE) — The board of directors of Royalty Pharma plc (Nasdaq: RPRX) has approved the payment of a dividend for the third quarter of 2023 of $0.20 per Class A ordinary share. The dividend will be paid on September 15, 2023, to shareholders of record at the close of business on August 18, 2023. About Royalty Pharma Founded in 1996, Royalty Pharma is the largest buyer of biopharmaceutical royalties and a leading funder of innovation across the biopharmaceutical industry, collaborating with innovators from academic institutions, research hospitals and non-profits through small and mid-cap biotechnology companies to leading global pharmaceutical companies. Royalty Pharma has assembled a portfolio of royalties which entitles it to payments based directly on the top-line sales of many of the industry’s...

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Allied Announces July 2023 Distribution

TORONTO, July 17, 2023 (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 July 2023, representing $1.80 per unit on an annualized basis. The distribution will be payable on August 15, 2023, to unitholders of record as at July 31, 2023. 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 and Chief...

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Extendicare Announces July 2023 Dividend of C$0.04 per Share

MARKHAM, Ontario, July 17, 2023 (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 July 2023, which is payable on August 15, 2023 to shareholders of record at the close of business on July 31, 2023. 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 contract services to a network...

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Melcor REIT announces July 2023 distribution of $0.04 per unit

EDMONTON, Alberta, July 14, 2023 (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 July 2023 unchanged from previous months. The July distribution will be payable as follows:Month Record Date Distribution Date Distribution AmountJuly 2023 July 31, 2023 August 15, 2023 $0.04 per unitMelcor REIT results for the second quarter and period ended June 30, 2023 are scheduled to be released on July 27, 2023. Management will host a conference call at 11:00 am ET (9:00 am MT) on July 28, 2023. Q2-2023 Conference Call Toronto & Area: 1-416-915-3239Toll Free: 1-800-319-4610 Webcast & Replay The call will also be webcast (listen only) at https://www.gowebcasting.com/12635. A replay of the call...

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