NEW YORK, Nov. 01, 2022 (GLOBE NEWSWIRE) — Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”). The following dates apply to the distributions:Record Date November 15, 2022Ex-Dividend Date November 14, 2022Payable Date November 30, 2022Distribution ScheduleNYSE Ticker Closed-End Fund Name Distribution Per Share Change from Previous Distribution FrequencyAVK Advent Convertible and Income Fund $0.1172†   MonthlyGBAB Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust $0.12573†   MonthlyGOF Guggenheim Strategic Opportunities Fund $0.1821†   MonthlyGUG Guggenheim Active Allocation Fund $0.11875††   Monthly† A...

GAAP Net Income of $191 million, or $1.17 per diluted shareAdjusted Operating Income of $191 million, or $1.17 per diluted shareReturn on Equity of 18.6% and Adjusted Operating Return on Equity of 18.6%Record Insurance-in-Force of $242 billion, a 9% increase year-over-yearPMIERs Sufficiency of 174% or $2,249 millionBook Value Per Share of $25.28 and Book Value Per Share excluding AOCI of $27.90Announces quarterly cash dividend of $0.14 per common share RALEIGH, N.C., Nov. 01, 2022 (GLOBE NEWSWIRE) — Enact Holdings, Inc. (Nasdaq: ACT) today announced financial results for the third quarter of 2022. “We delivered strong results in a dynamic environment,” said Rohit Gupta, President and CEO of Enact. “Throughout the quarter we continued to execute against all aspects of our cycle-tested growth strategy, writing profitable new...

RALEIGH, N.C., Nov. 01, 2022 (GLOBE NEWSWIRE) — Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today announced that its Board of Directors declared a special cash dividend of $183 million, or $1.12 per common share, and has authorized a $75 million share repurchase program. The special cash dividend is payable on December 6, 2022 to shareholders of record as of close of business on November 18, 2022. In support of our planned capital actions, EMICO, our primary mortgage insurance operating company, completed a distribution of $242 million to our holding company in October. “The Board’s decision to declare a special cash dividend and authorize a share repurchase program reflects our strong capital position, continued confidence in our long-term outlook, and commitment to returning capital to shareholders,” said Rohit Gupta, President...

JERSEY CITY, N.J., Nov. 01, 2022 (GLOBE NEWSWIRE) — BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company’s Class A common shares and $0.07 per share on the Company’s Class B common shares. Cash dividends for Class A and Class B common shares are payable on February 1, 2023 to shareholders of record on January 13, 2023. Bel currently has approximately 12,480,000 common shares outstanding, of which 2,142,000 are Class A common shares and 10,338,000 are Class B common shares. About Bel Bel (www.belfuse.com) designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits. These products are primarily used in the networking, telecommunications, computing,...

LOS ANGELES, Nov. 01, 2022 (GLOBE NEWSWIRE) — PacWest Bancorp (Nasdaq: PACW) announced today that its Board of Directors has declared a quarterly cash dividend of $0.25 per common share. The cash dividend is payable on November 30, 2022 to stockholders of record at the close of business on November 15, 2022. The Board of Directors also declared a quarterly cash dividend of $0.4845 per depositary share on its 7.75% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A. The dividend will be payable December 1, 2022 to stockholders of record as of November 15, 2022. The Series A depositary shares are traded on the Nasdaq Stock Exchange under the “PACWP” symbol. ABOUT PACWEST BANCORP PacWest Bancorp (“PacWest”) is a bank holding company with over $41 billion in assets headquartered in Los Angeles, California, with an...

GREENWICH, Conn., Nov. 01, 2022 (GLOBE NEWSWIRE) — Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (“Oxford Lane,” the “Company,” “we,” “us” or “our”) announced today the following financial results and related information: On October 27, 2022, our Board of Directors declared the following distributions on our common stock:Month Ending Record Date Payment Date Amount Per ShareJanuary 31, 2023 January 17, 2023 January 31, 2023 $0.075February 28, 2023 February 14, 2023 February 28, 2023 $0.075March 31, 2023 March 17, 2023 March 31, 2023 $0.075Net asset value (“NAV”) per share as of September 30, 2022 stood at $4.93, compared with a NAV per share on June 30, 2022 of $5.07. Net investment income (“NII”), calculated...

INCREASING ADOPTION OF ELECTRIC VEHICLES AND GROWING GOVERNMENT INCENTIVES TO DRIVE ELECTRIC VEHICLES MARKET Chicago, Nov. 01, 2022 (GLOBE NEWSWIRE) — EV Battery Market is projected to grow at a CAGR of 19.0% from USD 56.4 billion in 2022 to USD 134.6 billion by 2027, according to a new report by MarketsandMarkets. Browse and in-depth TOC on “EV Battery Market”    359 – Tables 75 – Figures       342 – Pages Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id= 100188347 The growth of the EV Battery Market can be attributed to the increasing demand of electric vehicles, improvement in battery technology, supporting government policies and regulations, and launch of new plug-in EV models. Asia pacific is expected to be the largest EV Battery Market in the forecast China, Japan, India, South...

EFFINGHAM, Ill., Oct. 31, 2022 (GLOBE NEWSWIRE) — Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.29 per share of its common stock. The dividend is payable on November 21, 2022 to all shareholders of record as of the close of business on November 14, 2022. The Board of Directors also declared a cash dividend of $27.56 per share on its 7.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, or $0.689 per depositary share. The dividend will be payable on December 30, 2022 to stockholders of record as of December 15, 2022. The dividend declared reflects the payment for the initial Series A dividend period from and including August 24, 2022, which was the original issue date of the Series A preferred stock, to but excluding December...

INCREASING DEMAND FOR AUTOMATION AND DIGITAL MARKETING PLATFORMS DRIVING THE GROWTH OF THE MARKET Chicago, Oct. 31, 2022 (GLOBE NEWSWIRE) — The Global Marketing Automation Market size is expected to grow from 5.2 billion in 2022 to USD 9.5 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 12.8% during the forecast period, according to a new report by MarketsandMarkets™. Marketing Automation software and services are rapidly gaining acceptance globally by large enterprises as well as mid-sized enterprises and small enterprises due to various benefits, growing adoption of automation and digitalization. The presence of many marketing automation providers has made the market competitive. Many emerging players providing niche and differentiated offerings for target customers have come to the forefront. The growing trend...

Rising demand for display-based medical equipment, including ventilators and respirators, due to COVID-19 pandemic Chicago, Oct. 31, 2022 (GLOBE NEWSWIRE) — The report “Display Market Display Market by Product (Smartphones, Wearables, Television Sets, Signage, Tablets), Resolution, Display Technology (LCD, OLED, Direct-View LED, Micro-LED), Panel Size, Vertical, and Geography (2021-2026)”, The global display market size was valued at USD 148.4 billion in 2021 and is projected to reach USD 177.1 billion by 2026. It is expected to grow at a CAGR of 3.6% during the forecast period. Surging adoption of OLED displays in various applications, increasing use of LED displays for video wall, TVs, and digital signage applications, growing demand for interactive displays in various applications, and rising demand for display-based...