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CORRECTION — Laurentian Bank of Canada Announces Increased Common Share Dividend

MONTREAL, June 01, 2022 (GLOBE NEWSWIRE) — Laurentian Bank of Canada (TSX: LB) announced today a correction to its press release issued June 1, 2022, announcing an increased common share dividend.  In the press release, the date on which the quarterly dividend amount per common share is payable and the record date were misstated. The complete and corrected release follows. At its meeting held on May 31, 2022, the Board of Directors of the Laurentian Bank of Canada (TSX: LB) (the “Bank”) has approved an increase of $0.01 on its common shares and declared a regular quarterly dividend of 45 cents per share on the common shares payable on August 1, 2022 to the holders of record at the close of business on July 4, 2022. The above-mentioned dividends are designated as eligible dividends for the purposes of the Income Tax Act (Canada)...

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Surgical Robotics Market is Forecast to Grow at a CAGR of 18.4% until 2028 | BlueWeave Consulting

North America dominates the surgical robotics market owing to the increasing prevalence of various chronic diseases and rising private investment towards surgical robotics to advance the healthcare infrastructure. The increasing demand for minimally invasive surgeries also acts as a major driving factor for the demand for surgical robotics in this region. Following North America, Europe also covers a substantial market share. New Delhi, June 01, 2022 (GLOBE NEWSWIRE) — The global surgical robotics market is growing at a high CAGR because of the rising demand for surgical procedures and high shortage of professional surgeons, globally… A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the global surgical robotics market was worth USD 5.8 billion in the year 2021 and...

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Hanover Bancorp, Inc. Announces $0.10 Per Share Quarterly Cash Dividend

MINEOLA, N.Y., June 01, 2022 (GLOBE NEWSWIRE) — Hanover Bancorp, Inc. (NASDAQ “HNVR”), the holding company for Hanover Community Bank (“the Bank”), today announced that its Board of Directors had declared a quarterly cash dividend of $0.10 per share payable June 28, 2022 to shareholders of record as of June 21, 2022. Mr. Michael P. Puorro, Chairman and CEO, stated: “Our Board initiated our cash dividend in the first calendar quarter of this year and we are pleased to provide our shareholders with a cash return on their investment in the Company.” About Hanover Community Bank and Hanover Bancorp, Inc.Hanover Bancorp, Inc. (NASDAQ: HNVR), is a bank holding company for Hanover Community Bank, a community commercial bank focusing on highly personalized and efficient services and products responsive to client needs. Management and the...

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Priority Income Fund Announces 9.9% Annualized Cash Distribution Rate (on Class R Offering Price) Through Board Declarations of Increased Quarterly Cash “Bonus” Common Shareholder Distribution in Addition to Steady Monthly Cash “Base” Common Shareholder Distributions for June 2022 through August 2022 and Preferred Stock Distributions for June 2022

NEW YORK, June 01, 2022 (GLOBE NEWSWIRE) — Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund’s board of directors has declared additional steady monthly cash “base” common shareholder distributions as well as an increased quarterly cash “bonus” common shareholder distribution. The annualized total cash distribution is $1.33516 per share (9.9% annualized rate), representing the 8th consecutive quarterly increase, for distributions with record dates between June 3, 2022, and August 26, 2022, based on the current Class R offering price of $13.50 per common share. The cash “base” distributions will have weekly record dates and will be payable monthly to common stockholders of record as of the close of business each week. These declared distributions equal a weekly...

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Raymond James Financial Declares Quarterly Dividend on Preferred Stock

ST. PETERSBURG, Fla., June 01, 2022 (GLOBE NEWSWIRE) — On June 1, 2022, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly dividend of $0.421875 per depositary share of 6.75% Fixed-to-Floating Rate Series A Non-Cumulative Perpetual Preferred Stock (NYSE:  RJF PrA) and $0.3984375 per depositary share of 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (NYSE:  RJF PrB), in each case payable on July 1, 2022, to holders of record as of June 15, 2022.    About Raymond James Financial, Inc. Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 8,700 financial...

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Epsilon Energy Ltd. Announces the Following Headlines

Board declares dividend of $0.0625 per common share Repurchased 259,300 shares during the quarter Oklahoma production project exceeding expectations Outlook for FCF generation remains favorableHOUSTON, May 31, 2022 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced that its Board of Directors has declared a dividend of $0.0625 per share of common stock (annualized $0.25/sh) to the stock holders of record at the close of business on June 15th 2022, payable on June 30th 2022. All dividends paid by the Company are “eligible dividends” as defined in subsection 89(1) of the Income Tax Act (Canada), unless indicated otherwise. In addition the Company repurchased 259,300 shares for $1.8 MM (approximately $7/share) during the quarter (through May 27, 2022). The company is authorized to...

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Service Fee

This news release constitutes a “designated news release” for the purposes of the respective prospectus supplements to the short form base shelf prospectuses of the applicable Funds indicated in the chart below. TORONTO, May 31, 2022 (GLOBE NEWSWIRE) — (TSX: INC.UN, FTN, DFN, FFN, FTU, LFE, PDV, DF, YCM, XMF.A, XTD, DS) Quadravest Capital Management Inc. (“Quadravest”), the investment manager of the Companies listed below (together, the “Companies”), announces today that effective June 1, 2022, the Companies will discontinue the payment of the service fee which is currently paid to dealers whose clients hold Class A Shares, Capital Shares, Equity Shares or Units, as applicable, of the Companies. This change is required in order for the Companies to comply with applicable securities laws across all dealer platforms. The discontinuation...

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Summit Financial Group, Inc. Announces Q2 Common Dividend of $0.18 Per Share

MOOREFIELD, W.Va., May 31, 2022 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a second quarter 2022 dividend of $0.18 per share payable on June 30, 2022 to common shareholders of record as of the close of business on June 15, 2022. Summit Financial Group, Inc. is the $3.64 billion financial holding company for Summit Community Bank, Inc. Its talented bankers serve commercial and individual clients throughout West Virginia, the Washington, D.C. metropolitan area, Virginia, and Kentucky. Summit’s focus on in-market commercial lending and providing other business banking services in dynamic markets is designed to leverage its highly efficient operations and core deposits in strong legacy locations. Residential and consumer lending, trust and wealth...

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United Development Funding IV and UDF Income Fund V Announce Distributions for Q2 2022

GRAPEVINE, Texas, May 31, 2022 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV”) announced today that on May 27, 2022, its board of trustees authorized a cash distribution of $0.065 per share payable on June 30, 2022, to shareholders of record at the close of business on June 23, 2022. United Development Funding Income Fund V (“UDF V”) also announced today that on May 27, 2022, its board of trustees authorized a cash distribution of $0.9317 per share payable on June 30, 2022, to shareholders of record at the close of business on June 23, 2022. About United Development Funding IV United Development Funding IV is a Maryland real estate investment trust. UDF IV was formed primarily to generate current interest income by investing in secured loans and producing profits from investments in residential real estate. Additional...

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Seanergy Maritime Holdings Corp. Reports First Quarter 2022 Financial Results and Declares Dividend of $0.025 Per Share

Highlights of the First Quarter of 2022:Earnings per share (“EPS”) (basic & diluted): $0.02 and Adjusted EPS1 (basic & diluted): $0.04 Net revenues: $29.7 million in Q1 2022, as compared to $20.4 million in Q1 2021, up 46% Net Income: $3.7 million in Q1 2022, as compared to Net Loss of $1.3 million in Q1 2021 Adjusted Net Income1: $7.7 million in Q1 2022, as compared to Adjusted Net Income of $0.1 million in Q1 2021 EBITDA1: $12.8 million in Q1 2022, as compared to $6.5 million in Q1 2021, up 97% Adjusted EBITDA1: $16.8 million in Q1 2022, as compared to $7.9 million in Q1 2021, up 113%First Quarter & Recent Developments:Declares a quarterly dividend of $0.025 per share for Q1 2022 Dividend payable on or about July 14, 2022 to all shareholders of record as of June 28, 2022 Buyback of $10.0 million of the outstanding...

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