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Allied Announces May 2023 Distribution

TORONTO, May 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 May 2023, representing $1.80 per unit on an annualized basis. The distribution will be payable on June 15, 2023, to unitholders of record as at May 31, 2023. About Allied Allied is a leading operator of distinctive urban workspace in Canada’s major cities and network-dense UDC space in Toronto. Allied’s mission is to provide knowledge-based organizations with workspace and UDC space 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...

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First Financial Northwest, Inc. Declares Quarterly Cash Dividend of $0.13 per Share

RENTON, Wash., May 15, 2023 (GLOBE NEWSWIRE) — First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share on the Company’s outstanding common stock. The cash dividend will be payable on June 23, 2023, to shareholders of record on June 9, 2023. First Financial Northwest, Inc. is the parent company of First Financial Northwest Bank; an FDIC insured Washington State-chartered commercial bank headquartered in Renton, Washington, serving the Puget Sound Region through 15 full-service banking offices. For additional information about us, please visit our website at ffnwb.com and click on the “Investor Relations” link at the bottom of the page. Forward-looking...

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Pinnacle Bankshares Corporation Announces Quarterly Cash Dividend of 20 Cents per Share

ALTAVISTA, Va., May 12, 2023 (GLOBE NEWSWIRE) — Pinnacle Bankshares Corporation (“Pinnacle” or the “Company”) (OTCQX: PPBN), the one-bank holding company for First National Bank (the “Bank”), announced today that its Board of Directors declared a cash dividend of $0.20 per share on May 9, 2023, payable June 2, 2023, to shareholders of record as of May 19, 2023. The $0.20 per share cash dividend is equal to the $0.20 dividend paid last quarter and marks the forty-third consecutive quarter that a dividend has been declared. “Pinnacle is pleased to provide a cash dividend of $0.20 per share following record high quarterly earnings for the first quarter of 2023,” stated Aubrey H. Hall, III, President and Chief Executive Officer for both the Company and the Bank. Mr. Hall further commented, “Our Company remains in a sound position as...

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Automotive Engineering Services Market Size Set to Expand at CAGR of 8.2% to Reach USD 317.7 Billion by 2029 | BlueWeave Consulting

The Asia-Pacific segment dominates the global automotive engineering services market and is predicted to maintain its dominance during the forecast period. This is due to China’s growing deployment of electric passenger vehicles. Government mandates to cut emissions and use green technologies encourage the category to expand during the predicted period. Also, the growth of ESPs in Asia Pacific might be attributed to the availability of a cost-effective and expert workforce. FEV Group GmbH, for example, increased its activities in India in May 2019 by creating a new mobility center in Pune. The new mobility hub should pave the way for groundbreaking technology. New Delhi, May 12, 2023 (GLOBE NEWSWIRE) — Global automotive engineering services market is flourishing due to the increasing adoption of technological advancements...

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Diana Shipping Inc. Announces Special Stock Dividend Election and Distribution Date

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...

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Westboro Mortgage Investment Fund Announces Results for April 2023

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....

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Mount Logan Capital Inc. Announces First Quarter 2023 Financial Results

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...

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The Keg Royalties Income Fund announces May 2023 cash distribution

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,...

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Ashland announces 15 percent increase in quarterly dividend, new dividend policy and $100 million share repurchase program

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...

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Dividend payment ex-date of AS Ekspress Grupp

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...

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