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Whitestone REIT Announces Tax Characteristics of 2021 Distributions

HOUSTON, Jan. 28, 2022 (GLOBE NEWSWIRE) — Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) released the federal income tax treatment of 2021 cash distributions to holders of common shares (CUSIP 966084204). The final classifications of the distributions for 2021, which will be reported on Form 1099-DIV, are as follows:Ex-Dividend Date Record Date Payable Date Total Distribution Per Share Ordinary Dividends Total Capital Gain Distribution Unrecaptured Sec 1250 Gain (1) Return of Capital (Nontaxable Distribution) Section 199A Dividends (2)1/4/2021 1/5/2021 1/14/2021 $ 0.035000 $ 0.028240   $ –   $ –   $ 0.006760   $ 0.028240  2/1/2021 2/2/2021 2/11/2021 $ 0.035000 $ 0.028240   $ –   $ –   $ 0.006760   $ 0.028240  3/1/2021 3/2/2021 3/11/2021 $ 0.035833 $ 0.028912   $ –   $ –   $ 0.006921   $ 0.028912  4/1/2021 4/5/2021 4/14/2021 $ 0.035833 $ 0.028912   $ –   $ –   $ 0.006921   $ 0.028912  5/3/2021 5/4/2021 5/13/2021 $ 0.035833 $ 0.028912   $ –   $ –   $ 0.006921   $ 0.028912  6/1/2021 6/2/2021 6/10/2021 $ 0.035833 $ 0.028912   $ –   $ –   $ 0.006921   $ 0.028912  7/1/2021 7/2/2021 7/14/2021 $ 0.035833 $ 0.028912   $ –   $ –   $ 0.006921   $ 0.028912  8/2/2021 8/3/2021 8/12/2021 $ 0.035833 $ 0.028912   $ –   $ –   $ 0.006921   $ 0.028912  9/1/2021 9/2/2021 9/14/2021 $ 0.035833 $ 0.028912   $ –   $ –   $ 0.006921   $ 0.028912  10/1/2021 10/4/2021 10/14/2021 $ 0.035833 $ 0.028912   $ –   $ –   $ 0.006921   $ 0.028912  11/1/2021 11/2/2021 11/12/2021 $ 0.035833 $ 0.028912   $ –   $ –   $ 0.006921   $ 0.028912  12/1/2021 12/2/2021 12/13/2021 $ 0.035833 $ 0.028912   $ –   $ –   $ 0.006921   $ 0.028912      2021...

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SmartFinancial Increases Quarterly Cash Dividend by 17%

KNOXVILLE, Tenn., Jan. 28, 2022 (GLOBE NEWSWIRE) — SmartFinancial, Inc. (“SmartFinancial”) (Nasdaq: SMBK), the parent company for SmartBank, announced that on January 27, 2022, the board of directors of SmartFinancial declared a quarterly cash dividend of $0.07 per share of SmartFinancial common stock payable on February 28, 2022, to shareholders of record as of the close of business on February 11, 2022. The $0.07 per share quarterly dividend represents a 17% increase over SmartFinancial’s prior quarterly dividend declared in October 2021 of $0.06 per share. About SmartFinancial, Inc. SmartFinancial, Inc., based in Knoxville, Tennessee, is the publicly-traded bank holding company for SmartBank. SmartBank is a full-service commercial bank founded in 2007 with branches across Tennessee, Alabama, and the Florida Panhandle. Recruiting...

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RPT Realty Announces Tax Reporting Information For Its 2021 Dividend Distributions

NEW YORK, Jan. 28, 2022 (GLOBE NEWSWIRE) — RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today tax reporting information for the 2021 dividend distributions on its common and preferred shares. The January 4, 2021 preferred share distribution is included in the tax allocations for 2021. The January 3, 2022 common and preferred share distributions will be included in the tax allocations for 2022. The tax reporting information as it will be reported on the Form 1099-DIV, on a per share basis, is as follows: Common Shares (NYSE: RPT); CUSIP #’s 74971D 101, 751452103 and 751452202Declaration Date Record Date Payable Date Gross Distribution per share Total Ordinary Dividend Qualified Dividend1 Total Capital Gain Distribution Return of Capital2 Section 199A Dividend32/11/2021 3/19/2021 4/1/2021 $0.075000 $0.014872 $0.003025 $0.000000 $0.060128 $0.0118474/28/2021 6/18/2021 7/1/2021 $0.075000 $0.014872 $0.003025 $0.000000 $0.060128 $0.0118477/27/2021 9/20/2021 10/1/2021 $0.120000 $0.023795 $0.004839 $0.000000 $0.096205 $0.018956                     Total $0.270000 $0.053539 $0.010889 $0.000000 $0.216461 $0.042650      100.0000% 19.8293%   0.0000% 80.1707%                   Preferred...

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Arbor Realty Trust Announces Tax Treatment of 2021 Dividends

UNIONDALE, N.Y., Jan. 28, 2022 (GLOBE NEWSWIRE) — Arbor Realty Trust, Inc. (NYSE: ABR), today announced the tax treatment of its 2021 dividend distributions for common and preferred shares of beneficial interest. For tax reporting purposes, 100% of the distributions paid on Arbor Realty Trust common stock during 2021 will be classified as dividend income. The 2021 taxable distributions with respect to Arbor Realty Trust’s common stock traded under ticker symbol ABR are summarized as follows:                     Common Shares (CUSIP #038923108)Record Date   Payment Date   Total Distribution Per Share   Non-Qualified Dividend (1)   Qualified Dividend   Capital Gain Distribution3/3/2021   3/19/2021   $0.33   $0.33   $0.00   $0.005/21/2021   6/1/2021     0.34     0.34     0.00     0.008/16/2021   8/31/2021     0.35     0.35     0.00     0.0011/15/2021   11/30/2021     0.36     0.36     0.00     0.00        $1.38   $1.38   $0.00   $0.00                     The...

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UFP Industries announces quarterly dividend of $0.20 per share

– dividend represents a 33 percent increase over 2021 – GRAND RAPIDS, Mich., Jan. 28, 2022 (GLOBE NEWSWIRE) — On January 27, 2022, the Board of Directors of UFP Industries, Inc. (Nasdaq: UFPI) approved a quarterly dividend payment of $0.20 per share, a 33 percent increase over the quarterly dividend of 15 cents paid last year. The dividend is payable on March 15, 2022, to shareholders of record on March 1, 2022. “This enhanced dividend is the result of UFP’s strong performance and the confidence we have in our future,” said Chairman William G. Currie. “Because of our strong cash flow, we can continue to invest in growing our company to achieve greater returns while sharing our success with shareholders by paying these dividends. We are grateful to our shareholders, many of whom are employees, for making our success...

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VAALCO Energy Declares Initial Quarterly Dividend

HOUSTON, Jan. 28, 2022 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company“) today declared its inaugural quarterly cash dividend of $0.0325 per share of common stock for the first quarter of 2022 ($0.13 annualized), which is payable March 18, 2022 to stockholders of record at the close of business on February 18, 2022. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors. George Maxwell, VAALCO’s Chief Executive Officer, commented, “In the current environment, we believe that it is important for E&P companies to demonstrate a commitment to shareholder returns. The declaration of our first cash dividend and implementation of a sustainable, quarterly cash dividend...

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Federal Home Loan Bank of Atlanta Declares a 3.70% Dividend for Fourth Quarter 2021

ATLANTA, Jan. 28, 2022 (GLOBE NEWSWIRE) — The Board of Directors of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today approved a fourth quarter 2021 cash dividend at an annualized rate of 3.70 percent. “We strive to ensure that financial institutions continue to receive value from their membership in the FHLBank Atlanta cooperative and the board of directors is pleased to return this fourth quarter dividend to them,” said FHLBank Atlanta Chair of the Board, Rick Whaley. The dividend rate is 3.65 percentage points over the daily average Secured Overnight Financing Rate, also known as SOFR, for the fourth quarter of 2021. The dividend will be calculated based on shareholders’ capital stock held during that period. The dividend will be credited to shareholders’ daily investment accounts at the close of business on February...

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Medallion Bank Reports 2021 Fourth Quarter and Full-Year Results and Declares Series F Preferred Stock Dividend

SALT LAKE CITY, Jan. 28, 2022 (GLOBE NEWSWIRE) — Medallion Bank (Nasdaq: MBNKP, the “Bank”), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech partners, announced today its 2021 fourth quarter and full-year results. 2021 Fourth Quarter HighlightsNet income of $19.0 million, compared to net income of $14.3 million in the prior year period. Net interest income of $37.3 million, compared to $31.3 million in the prior year period. Provision for loan losses was $1.6 million, compared to a quarterly benefit of $4.0 million in the prior year period. Annualized net charge-offs were 0.3% of average loans outstanding, compared to 9.7% in the prior year period. The recreation and home improvement loan portfolios grew 20.8%...

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Northway Financial, Inc. Announces 2021 Earnings and Declares Semi-Annual Dividend

NORTH CONWAY, N.H., Jan. 28, 2022 (GLOBE NEWSWIRE) — Northway Financial, Inc. (the “Company”) (OTCQB: NWYF), the parent company of Northway Bank (the “Bank”), today reported net income for the year ended December 31, 2021 of $9.3 million, or $3.38 per basic common share. The Board of Directors declared a semi-annual cash dividend of $0.35 per common share, payable on February 14, 2022, to common stockholders of record on February 7, 2022. President and CEO William J. Woodward commented: “I am pleased to report record earnings of $9.3 million in 2021. In spite of the continuing challenges of the pandemic throughout the year, we were able to grow the loan portfolio by 9% and total deposits by 13%. Most importantly, we continued to build shareholder value as demonstrated by our tangible book value per common share growth of 5% to...

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Extended Stay America Announces Tax Treatment for 2021 Distributions

CHARLOTTE, N.C., Jan. 28, 2022 (GLOBE NEWSWIRE) — Extended Stay America, Inc. and ESH Hospitality, Inc. (together, the “Company”), today announced the tax treatment for the aggregate distributions of $2.19 per paired share paid to Extended Stay America, Inc.’s common shareholders and ESH Hospitality, Inc.’s Class A and Class B common shareholders during the calendar year ended December 31, 2021. For the tax year ended December 31, 2021, ESH Hospitality, Inc.’s aggregate distributions of $0.44 per Class A and Class B common shares were classified as 80.56% Ordinary Income and Section 199A Qualified Business Income and 19.44% Capital Gain Income. For the tax year ended December 31, 2021, Extended Stay America Inc.’s aggregate distributions of $1.75 per common share were classified as 100% Qualified Dividend. Shareholders are encouraged...

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