VANCOUVER, British Columbia, Nov. 10, 2022 (GLOBE NEWSWIRE) — Tree Island Steel (”Tree Island” or the ”Company”) (TSX: TSL) announced today its financial results for the nine months ended September 30, 2022. For the three-month period ended September 30, 2022, revenues decreased by $4.4 million to $80.2 million with lower U.S. demand, particularly in the construction and industrial market segments. Gross profit for the third quarter decreased to $14.6 million, from $21.8 million in the same period in 2021 from lower volumes. Adjusted EBITDA amounted to $12.2 million, compared to $20.0 million during the same period in 2021. For the nine months ended September 30, 2022, revenues increased by $45.4 million to $271.3 million when compared to 2021. The increase is primarily due to prior pricing increases across...

NEW YORK, Nov. 10, 2022 (GLOBE NEWSWIRE) — (NYSE: AIF) – Apollo Tactical Income Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of November 2022 of $0.115 per common share, payable on the date noted below. The following dates apply to the declared distribution: Ex-Date: November 18, 2022Record Date: November 21, 2022Payment Date: November 30, 2022Per Share Amount: $0.115 Apollo Contact Information: Product Literature877-864-4834 InvestorsElizabeth BesenInvestor Relations ManagerApollo Global Management, Inc.212-822-0625ebesen@apollo.com Forward-Looking Statements This press release may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission in its rules, regulations and...

NEW YORK, Nov. 10, 2022 (GLOBE NEWSWIRE) — (NYSE: AFT) – Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of November 2022 of $0.105 per common share, payable on the date noted below. The following dates apply to the declared distribution: Ex-Date: November 18, 2022Record Date: November 21, 2022Payment Date: November 30, 2022Per Share Amount: $0.105 Apollo Contact Information: Product Literature877-864-4834 InvestorsElizabeth BesenInvestor Relations ManagerApollo Global Management, Inc.212-822-0625ebesen@apollo.com Forward-Looking Statements This press release may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission in its rules, regulations...

BALTIMORE, Nov. 10, 2022 (GLOBE NEWSWIRE) — Adams Natural Resources Fund, Inc. (NYSE: PEO) declared today a year-end distribution of $1.33 per share. The total distributions by the Fund for 2022 will be $1.63, including the distributions totaling $0.30 per share made prior to today’s announcement. The annual distribution rate represented by these distributions is 8.1%. The year-end distribution consists of the following:$0.53 per share from 2022 net investment income; and$0.80 per share from net capital gains realized during 2022, of which $0.15 was short-term gain and $0.65 was long-term gain.This marks the 71st consecutive year that the Fund has paid out capital gains and the 88th consecutive year it has paid out dividends to its shareholders. Commenting on the year-end distribution, Mark E. Stoeckle, CEO of Adams Natural...

BALTIMORE, Nov. 10, 2022 (GLOBE NEWSWIRE) — Adams Diversified Equity Fund, Inc. (NYSE: ADX) declared today a year-end distribution of $0.92 per share. The total distributions by the Fund for 2022 will be $1.07, including the distributions totaling $0.15 per share made prior to today’s announcement. The annual distribution rate represented by these distributions is 6.3%. The year-end distribution consists of the following:$0.06 per share from 2022 net investment income; and$0.86 per share from net capital gains realized during 2022, of which $0.00 was short-term gain and $0.86 was long-term gain.This marks the 58th consecutive year that the Fund has paid out capital gains and the 87th consecutive year it has paid out dividends to its shareholders. Commenting on the year-end distribution, Mark E. Stoeckle, CEO of Adams Diversified...

LODI, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) — The Board of Directors of Farmers & Merchants Bancorp (OTCQX: FMCB), a bank holding company headquartered in Lodi, California, declared a year-end cash dividend of $8.30 per share, an increase of 6.41% over the cash dividend declared in November of 2021. The cash dividend will be payable on January 3, 2023 to shareholders of record as of December 7, 2022. Total cash dividends declared in 2022 increased 5.56% to $16.15 per share compared with $15.30 declared in 2021. Based upon trailing twelve months net income of $90.70 per share, this represents a payout ratio of 18%.   In addition, the Board of Directors made the decision to fulfill the Company’s $20 million repurchase plan in order to better optimize the Company’s capital structure. In the first nine months of 2022, the Company...

ALTAVISTA, Va., Nov. 10, 2022 (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 $0.18 per share on November 8, 2022, payable December 2, 2022, to shareholders of record as of November 18, 2022. The $0.18 per share cash dividend is $0.03 higher than the $0.15 dividend paid last quarter and marks the forty-first consecutive quarter that a dividend has been declared. Total dividends declared have increased $.05 per share, or 9%, to $0.61 per share in 2022 as compared to $0.56 per share in 2021. “Pinnacle is pleased to increase its quarterly cash dividend by 20% to $0.18 per share based on our record high earnings performance through the first nine months...

SARASOTA, Fla., Nov. 10, 2022 (GLOBE NEWSWIRE) — Roper Technologies, Inc. (NYSE: ROP) announced today that its Board of Directors has declared a quarterly cash dividend of $0.6825 per share, payable on January 23, 2023 to stockholders of record as of January 9, 2023. This represents an increase of 10% over the dividend paid in each quarter of 2022, or an expected $0.25 increase on an annual basis ($0.0625 on a quarterly basis). This is the thirtieth consecutive year in which Roper has increased its dividend. About Roper Technologies Roper Technologies is a constituent of the S&P 500 and Fortune 500. Roper has a proven, long-term track record of compounding cash flow and shareholder value. The Company operates market leading businesses that design and develop vertical software and technology enabled products for a variety of...

VICTOR, N.Y., Nov. 10, 2022 (GLOBE NEWSWIRE) — Constellation Brands (NYSE: STZ), a leading beverage alcohol company, announced today that it completed the previously announced reclassification transaction and eliminated its Class B Common Stock. Trading in the Class B Common Stock will cease after the markets close today, at which time Constellation’s publicly listed stock will consist solely of Class A Common Stock. In connection with completing the transaction, the company has deposited for distribution the $64.64 per share cash consideration, or approximately $1.5 billion in aggregate, to holders of Class B Common Stock. Financing for the cash payment was provided through funding of the previously announced delayed draw term loan credit agreement and Constellation’s existing commercial paper program. The interest expense associated...

BROOKFIELD, NEWS, Nov. 10, 2022 (GLOBE NEWSWIRE) — Brookfield Reinsurance (NYSE, TSX: BAMR) today announced financial results for the quarter ended September 30, 2022. Sachin Shah, CEO of Brookfield Reinsurance, stated, “Our results for the third quarter were excellent, with strong results across our diversified business lines which benefitted from our ongoing repositioning of our investment portfolios in this higher yielding environment. Today, with over $23 billion in liquidity across our portfolios, we are in an optimal position to capture further opportunities arising from the current market environment, which should allow us to realize strong risk-adjusted returns within our operating businesses.”UnauditedAs at and for the periods ended September 30(US$ millions, except per share amounts) Three Months Ended   Nine Months...