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FARMERS AND MERCHANTS BANCSHARES, INC. DECLARES CASH DIVIDEND OF $.29 PER SHARE

HAMPSTEAD, Md., Nov. 22, 2021 (GLOBE NEWSWIRE) — On November 15, 2021, the Board of Directors of Farmers and Merchants Bancshares, Inc., the parent of Farmers and Merchants Bank, declared a cash dividend of $.29 per share of common stock, which will be paid on December 17, 2021 to shareholders of record on December 3, 2021. The $.29 per share dividend is $.01 greater than the most recent dividend paid in June 2021. The combined 2021 dividend of $.57 per share represents a 2.4% yield on the current market value of $23.60 per share and represents a 9.6% increase over the $.52 per share dividend paid in 2020. The annual dividend has increased for 11 consecutive years. Please visit the investor relations section of the Bank’s website, www.fmb1919.bank. It includes press releases, financial information, stock information, peer analysis,...

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Stonecastle Financial Corp. Releases Month End Estimated Net Asset Value as of October 2021

DENVER, Nov. 22, 2021 (GLOBE NEWSWIRE) — StoneCastle Financial Corp., (NASDAQ:BANX) (“StoneCastle Financial” or the “Company”), today announced that the Company’s estimated and unaudited Net Asset Value (“NAV”) as of October 31, 2021 was $21.95. The NAV was up $0.09 from the prior month-end. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended October 31, 2021. We advise you that our unaudited NAV per share for the fourth quarter ending December 31, 2021 will be released as part of our normal quarterly earnings reporting process and may differ materially from this estimated NAV. About StoneCastle Financial Corp. StoneCastle Financial is an SEC registered non-diversified, closed-end investment company listed on the NASDAQ Global Select Market under the symbol...

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Global Ship Lease Announces New Multi-Year Charters and Increases Quarterly Dividend

Quarterly dividend to increase by 50% to $0.375 per share, more than triple the dividend initially announced in January 2021 Newly signed post-panamax forward charters add EBITDA over five years LONDON, Nov. 22, 2021 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) today announced that it has agreed new five-year time charters for the Eco 9,115 TEU Al Khor and Maira XL with a leading liner operator, to commence mid-2022 at the conclusion of their current charters. The vessels, which are currently earning $31,650 and $34,000 per day, respectively, are expected to generate aggregate Adjusted EBITDA of approximately $206 million over the five-year firm period. Adjusted to include these newly signed charters, the Company’s total contracted revenue increases to $1.85 billion. These new charter agreements, for two...

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Automotive Finco Corp. Announces December 2021 Cash Dividend

Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. TORONTO, Nov. 19, 2021 (GLOBE NEWSWIRE) — Automotive Finco Corp. (NEX: AFCC-H) (the “Company”) is pleased to announce a cash dividend of $0.0171/common share ($0.205/common share on an annual basis) to be paid on December 31, 2021 to the shareholders of record as of November 30, 2021. The dividend is an eligible dividend. The declaration, amount and payment of future cash dividends are subject to the board of directors’ continuing determination that the payment of dividends are in the best interests of the Company, its shareholders and are in compliance with all laws and agreements of the Company...

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Summit Financial Group, Inc. Announces Q4 Common Dividend of $0.18 per Share

MOOREFIELD, W.V. , Nov. 18, 2021 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a fourth quarter 2021 dividend of $0.18 per share payable on December 31, 2021 to common shareholders of record as of the close of business on December 15, 2021. Summit Financial Group, Inc. is the $3.51 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...

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Unity Bancorp Announces 11% Increase in Fourth Quarter Cash Dividend, Up 25% from Prior Year

CLINTON, N.J., Nov. 18, 2021 (GLOBE NEWSWIRE) — Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.10 per common share. Such dividend is payable on December 31, 2021, to shareholders of record as of December 17, 2021. This represents an 11% increase from the $0.09 dividend per common share paid in the prior quarter, and a 25% increase from the $0.08 dividend per common share paid in March 2021. The estimated dividend payout ratio is approximately 10% based on Unity’s September 30, 2021 quarterly results. “2021 has been a remarkable year for Unity Bank as we continue to bounce back from the effects of the ongoing pandemic,” said Unity Bank President & CEO James A. Hughes. “We are thrilled to share our record earnings with the bank’s shareholders...

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Victory Bancorp, Inc. Declares Special Dividend

LIMERICK, Pa., Nov. 18, 2021 (GLOBE NEWSWIRE) — Victory Bancorp, Inc. (OTCQX:VTYB) today announced that its Board of Directors has declared a one-time, special cash dividend of $0.10 per outstanding share of common stock. The dividend will be paid on or about December 14, 2021, to stockholders of record as of the close of business on November 29, 2021. Joseph Major, Chairman, and CEO commented, “Despite the many challenges faced by banks, and all businesses, over the past two years, we are pleased to be able to declare this special cash dividend to the shareholders, reflecting The Victory Bancorp’s strong financial position and confidence in our financial future. We believe we have considerable opportunities to look forward to in 2022 based on the talent and dedication of our talented team of bankers.”    The Victory Bancorp, Inc....

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Chicken Soup for the Soul Entertainment Announces Timing of Regular Monthly Dividend for December for Series A Cumulative Redeemable Perpetual Preferred Stock

COS COB, Conn., Nov. 18, 2021 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE, CSSEP, CSSEN), one of the largest operators of streaming advertising-supported video on-demand (“AVOD”) networks, today announced the timing for the payment of its declared regular monthly dividend of $0.2031 per share of its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock for December. The dividend will be payable on December [15], 2021 to holders of record as of November 30, 2021. The dividend will be paid in cash. ABOUT CHICKEN SOUP FOR THE SOUL ENTERTAINMENT Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) (the “Company”) operates streaming video-on-demand networks (VOD). The Company owns Crackle Plus, which owns and operates a variety of ad-supported and subscription-based VOD networks including...

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United-Guardian Declares Record Dividend

HAUPPAUGE, N.Y., Nov. 18, 2021 (GLOBE NEWSWIRE) — United-Guardian, Inc. (NASDAQ:UG) announced today that the company’s Board of Directors, at its meeting on November 16, 2021, declared a cash dividend of $0.65 per share, which will be paid on December 7, 2021, to all stockholders of record on November 29, 2021. Ken Globus, President of United-Guardian, stated, “Despite how difficult 2020 was for many companies, we have been fortunate enough to have recovered much of the sales volume we lost when the pandemic was at its worst last year, and we expect to end the year with significantly better financial results than we had in 2020. Based on our year-to-date earnings, as well as our expectations for a strong fourth quarter, the Board of Directors concluded that the company’s financial position was strong enough to not only pay...

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Terra Firma Capital Announces a 20% Increase in Quarterly Dividend

TORONTO, Nov. 18, 2021 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII), a real estate finance company, today announced that its Board of Directors has approved a 20% increase in the company’s quarterly cash dividend from CAD$0.05 to CAD$0.06 per common share. This increase will be effective with the dividend payable on January 14, 2022, to shareholders of record as of the close of business on December 31, 2021. About Terra Firma Terra Firma is a full service, publicly-traded real estate finance company that provides financings secured by investment properties and real estate developments in Canada and throughout the United States. The Company focuses on arranging and providing financing with flexible terms to real estate developers and owners who require shorter-term loans to bridge a transitional period of one...

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