VIRGINIA BEACH, Va., Feb. 11, 2022 (GLOBE NEWSWIRE) — Armada Hoffler Properties, Inc. (NYSE: AHH) announced the income tax treatment of its 2021 dividend distributions to holders of shares of the Company’s common stock and preferred stock. This information represents final income allocations as they will be reported on Form 1099-DIV. The tax information provided should not be construed as tax advice. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company’s distributions. Beginning in 2018, ordinary taxable income per share of common stock and preferred stock is equal to the 199A dividend that was created by the 2017 Tax Cuts and Jobs Act.Common Stock DividendsNYSE Ticker Symbol: AHHCUSIP #04208T 10 8EIN: #46-1214914         Line 1a Total Ordinary...

DUNKIRK, N.Y., Feb. 11, 2022 (GLOBE NEWSWIRE) — Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ Global Market: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), announced that the Company’s Board of Directors approved a $0.16 per share cash dividend on its common stock, payable on March 17, 2022, to shareholders of record as of February 24, 2022. Based on the Company’s closing stock price of $14.86 on February 10, 2022, the implied dividend yield for the Company’s common stock is currently 4.31%. On February 9, 2022, Lake Shore, MHC (the “MHC”), which holds 3,636,875 shares, or 63.9% of the Company’s total outstanding common stock, held a special meeting of its members (the members are depositors of Lake Shore Savings Bank). During this special meeting, the members approved a proposal for the MHC to waive its...

LAS VEGAS, Feb. 11, 2022 (GLOBE NEWSWIRE) —  via InvestorWire — Golden Triangle Ventures, Inc. (OTC PINK: GTVH) (“GTVH” or the “Company”) announces an update in regard to its financial disclosures and limited information status. The Company is pleased to share that it has completed 11 draft financial disclosure statements and is near completion of its previously announced restatement of every financial statement published under GTVH since the Company completed its merger with Texas Oil & Minerals, Inc. (“TOMI”). The Company previously disclosed that it had detected some discrepancies in its 2Q 2021 financial statements, all of which have been reviewed and corrected by F.A.R. Out Numbered, LLC (“FAR”) accounting services. The management team has been working closely with FAR to address the many pertinent items needed...

BOCA RATON, Fla., Feb. 11, 2022 (GLOBE NEWSWIRE) — Newtek Business Services Corp., (NASDAQ: NEWT), an internally managed business development company (“BDC”), today announced its forecast for its second quarter 2022 cash dividend of $0.65 per share.1 The Company previously declared a first quarter 2022 dividend of $0.65 per share, which is payable on March 31, 2022 to shareholders of record on March 21, 2022. Barry Sloane, President, Chairman and CEO commented, “We are pleased to forecast a second quarter 2022 dividend of $0.65 per share. We could not be more pleased with how we finished off calendar year 2021. As we work our way through the first quarter of 2022, momentum and traction from our core businesses has enabled us to feel comfortable to forecast a $0.65 dividend for the second quarter. This forecasted Q2 2022 dividend,...

MONTREAL, Feb. 11, 2022 (GLOBE NEWSWIRE) — The Board of Directors of Boralex Inc. (TSX: BLX) (“Boralex” or the “Corporation”) has declared a quarterly dividend of $0.165 per common share. This dividend will be paid on March 15, 2022 to shareholders of record at the close of business on February 28, 2022. Boralex has designated this dividend as an eligible dividend within the meaning of Section 89(14) of the Income Tax Act (Canada) and all provisions of provincial laws applicable to eligible dividends. About Boralex At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France’s largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years,...

ST. JOHN’S, Newfoundland and Labrador, Feb. 10, 2022 (GLOBE NEWSWIRE) — The Board of Directors of Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS) has declared the following dividends:$0.3063 per share on the First Preference Shares, Series “F” of the Corporation, payable on June 1, 2022 to the Shareholders of Record at the close of business on May 17, 2022;   $0.2745625 per share on the First Preference Shares, Series “G” of the Corporation, payable on June 1, 2022 to the Shareholders of Record at the close of business on May 17, 2022;   $0.11469 per share on the First Preference Shares, Series “H” of the Corporation, payable on June 1, 2022 to the Shareholders of Record at the close of business on May 17, 2022;   $0.123948 per share on the First Preference...

INDIANAPOLIS, Feb. 10, 2022 (GLOBE NEWSWIRE) — Kite Realty Group Trust (NYSE: KRG) announced today that its Board of Trustees declared a quarterly cash distribution of $0.20 per common share for the quarter ending March 31, 2022. This distribution will be paid on or about April 15, 2022, to shareholders of record as of April 8, 2022. About Kite Realty Group TrustKite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. The company’s primarily grocery-anchored portfolio is located in high-growth warmer and cheaper markets and select strategic gateway markets. The combination of necessity-based grocery-anchored neighborhood and community centers, along with vibrant...

STRASBURG, Va., Feb. 10, 2022 (GLOBE NEWSWIRE) — The Board of Directors of First National Corporation (Nasdaq: FXNC) declared a quarterly cash dividend of $0.14 per share on February 9, 2022. This was a 17% increase compared to the quarterly dividend paid on December 10, 2021. The dividend is payable on March 11, 2022 to shareholders of record as of February 25, 2022. ABOUT FIRST NATIONAL CORPORATION First National Corporation (NASDAQ: FXNC) is the parent company and bank holding company of First Bank, a community bank that first opened for business in 1907 in Strasburg, Virginia. The Bank offers loan and deposit products and services through its website, www.fbvirginia.com, its mobile banking platform, a network of ATMs located throughout its market area, a loan production office, a customer service center in a retirement community,...

Reiterates intention to increase dividend by 50% to $0.375 per share LONDON, Feb. 10, 2022 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) announced today that the Company’s Board of Directors has declared a dividend of $0.25 per Class A common share for the fourth quarter of 2021, to be paid on March 4, 2022 to shareholders of record as of February 22, 2022. As announced on November 22, 2021, the Company’s Board of Directors intends to increase the quarterly dividend to be paid to common shareholders by 50% to $0.375 per share, with effect from the dividend related to the first quarter of 2022. About Global Ship Lease Global Ship Lease is a leading independent owner of containerships with a diversified fleet of mid-sized and smaller containerships. Incorporated in the Marshall Islands, Global Ship Lease commenced...

MIAMI, Feb. 10, 2022 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE:WSO) announced today that its Board of Directors has approved a 13% increase in its annual dividend to $8.80 per share on each outstanding share of its Common and Class B common stock. The increase will be reflected in the Company’s next regular dividend payment beginning in April 2022. Albert H. Nahmad, Watsco’s Chairman & CEO stated: “We are pleased to increase dividends to our shareholders, which reflects the strength of our recent performance and our continued confidence in our business.” Watsco has paid dividends to shareholders for 48 consecutive years. The Company’s philosophy is to share increasing amounts of cash flow through higher dividends while maintaining a conservative balance sheet with continued capacity to build its distribution network. Future changes...