GRAND RAPIDS, Mich., Aug. 16, 2023 (GLOBE NEWSWIRE) — Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, announced today the Company’s Board of Directors approved a quarterly special dividend of $0.09 per share. The dividend is payable on October 1, 2023, to shareholders of record as of September 15, 2023. The Board also authorized the Company to proceed with final due diligence to engage as a franchisee to develop and operate 7 Brew Coffee drive-thru locations in the Mid-West. The preliminary terms of the agreement call for the Company to build up to 64 restaurant locations by the end of 2030. 7 Brew Coffee is a double drive thru concept, rolling out across the U.S. with many trade areas currently committed for development by franchisees. The 7 Brew concept is part of the Company’s plan for...

LOUISVILLE, Ky., Aug. 16, 2023 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, announced that its Board of Directors increased its cash dividend to $0.30 per common share. The dividend will be paid on October 2, 2023, to stockholders of record as of September 18, 2023. Commenting on the announcement, James A. (Ja) Hillebrand, Chairman and Chief Executive Officer, said, “Solid franchise growth contributes to our ability to steadily increase dividends and to further build shareholder value. With this announcement, Stock Yards Bancorp has now raised its quarterly dividend rate a total of 16 times since 2012, resulting...

TORONTO, Aug. 15, 2023 (GLOBE NEWSWIRE) — Constellation Software Inc. (TSX: CSU) (the “Company”) announced today that it has resolved to pay a special dividend (the “Warrant Dividend”), pursuant to which all common shareholders of record on August 24, 2023 (the “Record Date”) will be entitled to receive, by way of a dividend-in-kind, one warrant of the Company (collectively, the “Warrants”) for each common share of the Company (the “Common Shares”) held. More information about the features of the Warrants are included below. The payment date for the Warrant Dividend is expected to be on or about August 29, 2023. The Common Shares will commence trading on an ex-dividend basis at the opening of markets on August 23, 2023. Separately, the Company has recently announced its intention to issue up to an additional C$700 million aggregate...

EDMONTON, Alberta, Aug. 15, 2023 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.04 per unit for the month of August 2023 unchanged from previous months. The August distribution will be payable as follows:Month Record Date Distribution Date Distribution AmountAugust 2023 August 31, 2023 September 15, 2023 $0.04 per unitMelcor REIT results for the third quarter and period ended September 30, 2023 are scheduled to be released on November 2, 2023. Management will host a conference call at 11:00 am ET (9:00 am MT) on November 3, 2023. Q3-2023 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/12678....

TORONTO, Aug. 15, 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 August 2023 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “August 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 August 31, 2023, with payment on September 15, 2023. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01462 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...

CALGARY, Alberta, Aug. 15, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to August 2023 of $0.11 per common share is to be paid on September 15, 2023, for shareholders of record on August 31, 2023. 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 and...

TORONTO, Aug. 15, 2023 (GLOBE NEWSWIRE) —  Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its August 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The August distribution will be payable on September 15, 2023 to Unitholders of record on August 31, 2023. CAPREIT is Canada’s largest publicly traded provider of quality rental housing. As at June 30, 2023, CAPREIT owns approximately 65,000 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,...

GLENVILLE, N.Y., Aug. 15, 2023 (GLOBE NEWSWIRE) — The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on August 15, 2023, declared a quarterly cash dividend of $0.36 per share, or $1.44 per share on an annualized basis. The dividend will be payable on October 2, 2023 to shareholders of record at the close of business on September 1, 2023. Chairman, President, and Chief Executive Officer Robert J. McCormick said: “Offering industry-leading mortgage products enabled us to grow our total loans under challenging economic and market conditions. That loan growth is supported by deposit stability that is the product of deep Home-Town ties and strong customer relationships. We are very proud to maintain our century-long history of meaningful quarterly dividends.” About TrustCo Bank Corp NY TrustCo Bank Corp NY is a $6.1...

TOKYO, Aug. 15, 2023 (GLOBE NEWSWIRE) — SYLA Technologies Co., Ltd. (NASDAQ: SYT) (“SYLA” or “the Company”), operator of the largest membership real estate crowd-funding platform in Japan, Rimawari-kun, announced that its Board of Directors has resolved that the Company will pay an interim dividend of ¥70 per common share (equivalent to $0.48 per share at August 11 exchange rate of $1.00 = ¥144.94; 1 share = 100 ADRs) with a record date for ADR holders of August 31, 2023, to shareholders. On May 17, 2023, SYLA announced a plan to double the annual dividend for the fiscal year ending December 31, 2023 to ¥140 per share from ¥70 per share in the previous fiscal year ended December 31, 2022, with the aim of realizing a payout ratio of 30% over an extended period. Based on the recent state and outlook of the Company’s business and...

TORONTO, Aug. 15, 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 August 2023, representing $1.80 per unit on an annualized basis. The distribution will be payable on September 15, 2023, to unitholders of record as at August 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...