ATHENS, Greece, May 12, 2023 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that its previously announced special stock dividend payment to common shareholders of record as of April 24, 2023 (the “Record Date”) of an aggregate of 13,157 Series D Convertible Preferred Shares of OceanPal Inc. held by the Company, is now expected to be paid on or around May 30, 2023 (the “Stock Dividend Payment Date”). Because there is no public market currently existing or expected to develop for the Series D Convertible Preferred Shares of OceanPal Inc., as an accommodation to its common shareholders the Company will automatically convert the Series D Convertible Preferred Shares into OceanPal Inc. common shares...

TORONTO, May 12, 2023 (GLOBE NEWSWIRE) — On April 28, 2023, the Westboro Mortgage Investment Fund (“the Fund”) declared a distribution for Class F unitholders 70.0 bps per $10 unit: an annualized compounded return of 8.73%. This payment constituted the Fund’s monthly distribution for the month of April 2023; the 7th consecutive month the fund has paid 70.0 bps to Class F unitholders. Now in its 19th year of operation, The Westboro Mortgage Investment Corporation, along with the more recently incepted Fund continue to deliver reliable and predictable monthly distributions to investors. “The higher interest rate environment that we find ourselves in allows us to re-price expiring mortgages originated in 2022 when the rates were significantly lower. We are seeing higher quality borrowers who are borrowing at elevated interest rates....

Increases MYGA Volumes Quarter-over-Quarter, Increases Insurance Net Investment Income Year-over-Year, Successfully Transitions to IFRS 17 Declares Quarterly Distribution of C$0.02 Per Common Share in the Second Quarter of 2023, Marking the Fifteenth Consecutive Quarter of a Shareholder Distribution TORONTO, May 11, 2023 (GLOBE NEWSWIRE) — Mount Logan Capital Inc. (NEO: MLC) (the “Company” or “Mount Logan”) announced today its financial results for the quarter ended March 31, 2023. All amounts are stated in United States dollars, unless otherwise indicated. The financial results have been adjusted for the adoption of IFRS 17 Insurance Contracts (“IFRS 17”) which became effective January 1, 2023. IFRS 17 is effective for years beginning as of January 1, 2023, and has been applied retrospectively with a transition date of January...

VANCOUVER, British Columbia, May 11, 2023 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) today announced that its May 2023 distribution of $0.0946 per unit has been declared and is payable to unitholders of record as at May 21, 2023. The May 2023 distribution will be paid on May 31, 2023. The Fund is a limited purpose, open-ended trust established under the laws of the Province of Ontario that, through The Keg Rights Limited Partnership, a subsidiary of the Fund, owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. (“KRL”). In exchange for use of those trademarks, KRL pays the Fund a royalty of 4% of gross sales of Keg restaurants included in the royalty pool. With approximately 10,000 employees, over 100 restaurants and annual system sales approaching $700 million,...

WILMINGTON, Del., May 11, 2023 (GLOBE NEWSWIRE) — The board of directors of Ashland Inc. (NYSE: ASH) has declared a quarterly cash dividend of $0.385 cents per share on the company’s common stock representing a 15 percent increase from the previous quarter. The dividend is payable on June 15, 2023, to stockholders of record at the close of business on June 1, 2023. As of April 30, 2023, there were 52,353,681 shares of Ashland common stock outstanding. “Ashland recognizes that our shareholders value the consistency and growth of our dividend,” said Guillermo Novo, chair and chief executive officer, Ashland. “Going forward, the company is targeting an annual dividend payout ratio of approximately 30 percent of adjusted income from continuing operations. This new policy demonstrates that we are committed to increasing our dividend...

AS Ekspress Grupp will distribute dividend of 5 euro cents per share on 24th May 2023. AS Ekspress Grupp will close the list of shareholders entitled to receive dividends on 18 May 2023 at the end of the working day of the settlement system. Consequently, the day of change of the rights related to the shares (the ex-dividend date) is set to 17 May 2023. From that date onwards, the persons acquiring the shares will not have the right to receive the dividends that will be distributed on 24th May 2023. Additional information Mari-Liis Rüütsalu Chairman of the Management Board +372 512 2591 mariliis.ryytsalu@egrupp.ee AS Ekspress Grupp is the leading Baltic media group whose key activities include web media content production as well as publishing of newspapers, magazines and books. The Group also operates an electronic ticket sales platform...

Company initiates fixed quarterly dividend, announces a special dividend, and establishes a share repurchase program. HAMILTON, Bermuda, May 11, 2023 (GLOBE NEWSWIRE) — Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE:TNK) today announced that its Board of Directors has approved an update to the Company’s capital allocation plan under which existing capital allocation priorities of balance sheet strength and well-timed fleet reinvestments will be supplemented by returns of capital to shareholders. The Company has initiated a regular, fixed quarterly cash dividend in the amount of $0.25 per outstanding share of Class A and B common stock, with the first dividend relating to the first quarter of 2023. In addition, the Board of Directors has declared a special cash dividend of $1.00 per outstanding share of Class A and B...

EDMONTON, Alberta, May 10, 2023 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the quarter ended March 31, 2023. Revenue was down $36.08 million or 32% compared to Q1-2022. Revenue from Income Properties was stable; however, Community Development revenue was down significantly. Due to the seasonal nature of Community Development, first quarter results can vary significantly from year to year. Net income was $2.15 million in Q1-2023 compared to $2.47 million in Q1-2022. Net income is significantly impacted by swings in non-cash fair value adjustments on investment properties, REIT units and the conversion feature on the REIT’s convertible debenture. As a result management relies on Funds From Operations (FFO) as a better...

MONTREAL, May 10, 2023 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce a second quarter 2023 dividend of C$0.060 per common share, a 9.1% increase over the first quarter of 2023, for an annualized dividend of $0.24 per share. The dividend will be paid on July 14, 2023 to shareholders of record as of the close of business on June 30, 2023. This dividend is an “eligible dividend” as defined in the Income Tax Act (Canada). Sandeep Singh, President and CEO of Osisko commented: “Returns to shareholders remain a priority for Osisko and we are pleased to increase our quarterly dividend, given the ongoing strength of our business.” For shareholders residing in the United States, the U.S. dollar equivalent will be determined based on the daily rate published...

Beter Bed Holding N.V. (BBH) – the Netherlands’ largest sleep specialist in retail, wholesale and B2B – held its 2023 Annual General Meeting (AGM) today. BBH is pleased to announce that all resolutions were adopted. The AGM presentation as well as the voting results will be published on www.beterbedholding.com. DividendToday, the AGM declared a dividend of € 0.15 per share for the 2022 financial year. The dividend will be distributed fully in cash. The following schedule will apply to the payment of the dividend: 12 May 2023:                 listing ex-dividend 15 May 2023:                 record date From 22 May 2023:       payment of dividend Supervisory Board compositionAt the AGM Mr B.E. Karis and Mr A. Beyens were reappointed as Supervisory Board Member for a term of four years, ending at the end of the first Annual General Meeting...