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...

– 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...

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...

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...

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%...

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...

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...

Net income and diluted earnings per share of $21.6 million and $1.06 for the fourth quarter 2021, respectively, and record annual net income of $81.6 million and diluted earnings per share of $4.01 for the year ended December 31, 2021 Deposit growth of 21.2% to $6.05 billion as of December 31, 2021 from $4.99 billion as of December 31, 2020, driven primarily by $538.5 million, or 31.6%, growth in noninterest-bearing deposits and $432.7 million, or 98.9%, growth in interest-bearing demand deposits Core loans of $4.07 billion, which exclude PPP loans, as of December 31, 2021 increased $75.1 million, or 7.5% (annualized), compared to September 30, 2021 and $152.7 million, or 3.9%, compared to December 31, 2020 Announced the signing of a definitive agreement on November 8, 2021 with CBTX, Inc., the parent company of CommunityBank of Texas...

Maintained cash dividend at $0.15 per share Purchased 158,073 shares at a weighted average price of $22.30 during the fourth quarter Board of Directors appointed new Chair, Vice Chair and Director in the fourth quarter Board of Directors approved and adopted Amended and Restated By-laws of the Corporation in the fourth quarter New online mortgage application and Everday Rewards+ credit card fully launched in the fourth quarter Hunt Valley Connections Center scheduled to open in the Maryland market in the first quarter of 2022             YORK, Pa, Jan. 27, 2022 (GLOBE NEWSWIRE) — Codorus Valley Bancorp, Inc. (Codorus Valley, or the Corporation) (NASDAQ: CVLY), parent company of PeoplesBank, A Codorus Valley Company (PeoplesBank), today announced net income of $2.7 million or $0.28 per diluted share, for the quarter ended December...

113 consecutive years of returning capital to its shareholders through cash dividends PINE BLUFF, Ark., Jan. 27, 2022 (GLOBE NEWSWIRE) — Simmons First National Corporation (NASDAQ: SFNC) (“Simmons” or “Company”) announced today that its board of directors has declared a quarterly cash dividend on the Company’s Class A common stock of $0.19 per share, which is payable on April 4, 2022, to shareholders of record as of March 15, 2022. The cash dividend rate represents an increase of $0.01 per share, or 6 percent, from the dividend paid for the same time period last year. The current quarterly cash dividend rate further represents an annualized cash dividend rate of $0.76 per share and a ten-year compound annual growth rate in the dividend of 7 percent. Simmons has a track record of paying cash dividends for 113 consecutive years,...