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Raymond James Financial Raises Quarterly Dividend, Approves $1 Billion Share Repurchase Authorization

ST. PETERSBURG, Fla., Dec. 02, 2021 (GLOBE NEWSWIRE) — On December 2, 2021, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.34 per share, payable January 18, 2022 to shareholders of record on January 4, 2022. This is a 31% increase over the previous dividend of $0.26 per share paid on October 15, 2021.The Board also authorized repurchase of the company’s shares of common stock in an aggregate amount of up to $1 billion. The $1 billion authorization replaces the previous repurchase authorization of $750 million announced on December 3, 2020, under which approximately $632 million was remaining as of December 2, 2021. The repurchases may be made from time to time at prices that the company deems appropriate and subject to market conditions,...

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United Development Funding IV and UDF Income Fund V Announce Distributions for Q4 2021

GRAPEVINE, Texas, Dec. 02, 2021 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV”) announced today that on November 29, 2021 its board of trustees authorized a cash distribution of $0.065 per share payable on December 30, 2021 to shareholders of record at the close of business on December 23, 2021. United Development Funding Income Fund V (“UDF V”) also announced today that on November 29, 2021 its board of trustees authorized a cash distribution of $0.254 per share payable on December 30, 2021 to shareholders of record at the close of business on December 23, 2021. 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...

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12/2/21: Verizon declares quarterly dividend

NEW YORK, Dec. 02, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 64 cents, unchanged from the previous quarter. The quarterly dividend is payable on February 1, 2022, to Verizon shareowners of record at the close of business on January 10, 2022. Chairman and CEO Hans Vestberg said, “Our disciplined strategy and execution continues to create short- and long-term value for our shareholders.” Verizon has approximately 4.1 billion shares of common stock outstanding. The company made approximately $7.8 billion in cash dividend payments in the last three quarters. Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York...

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SL Green Realty Corp. Announces Special Dividend and Increase to Ordinary Dividend

Annual Ordinary Dividend Will Increase to $3.73 Per Share NEW YORK, Dec. 02, 2021 (GLOBE NEWSWIRE) — SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, announced today that its board of directors has increased the annual ordinary dividend on SL Green’s common stock and units of its operating partnership by 2.5%, to $3.73 per share. The ordinary dividend will continue to be paid in cash on a monthly basis. The first monthly ordinary dividend of $0.3108 per share is payable on January 18, 2022 to stockholders of record at the close of business on December 15, 2021 (the “Record Date”). The Company also announced that, as a result of extraordinary gains on asset dispositions in 2021, the board of directors has authorized and declared a special dividend of $2.4392 per share, comprised entirely of SLG’s common stock,...

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Titan Declares 2nd Cash Dividend of Approximately C$1.4 million; Fixes US$1.50/lb Zinc Price for 60% of Q1 2022 Budgeted Production

VANCOUVER, British Columbia, Dec. 02, 2021 (GLOBE NEWSWIRE) — Titan Mining Corporation (TSX: TI) (“Titan” or the “Company”) announces that its Board of Directors has declared a special cash dividend of C$0.01 per common share (the “Dividend”) for an aggregate distribution of approximately C$1.4 million based on the current number of shares outstanding. Titan also announces that it has entered into a fixed zinc pricing arrangement pursuant to its existing offtake agreement with an affiliate of Glencore plc for 60% of the Company’s budgeted zinc production for the first quarter of 2022 at a price of US$1.4954 per pound of zinc. Don Taylor, President and CEO, commented, “This second consecutive special dividend meets the Company’s intention to pay regular quarterly dividends with the gradual increase in production at its Empire State...

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Allied Announces December 2021 Distribution and Distribution Increase for 2022

TORONTO, Dec. 01, 2021 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”)(TSX:AP.UN) announced today that its Trustees have (i) declared a distribution of $0.1417 per unit for the month of December 2021, payable on January 17, 2022, to unitholders of record as at December 31, 2021, and (ii) approved a 2.9% increase in monthly cash distributions for 2022 to $0.1458 per unit ($1.75 per unit annualized). “Management and the Trustees continue to pursue the two-fold objective of raising distributions on an annual basis and reducing pay-out ratios over time,” said Michael Emory, President and CEO. “Our demonstrated resiliency and growth during the pandemic underpins the distribution increase announced today, as does our ongoing confidence in our strategy of consolidating and intensifying distinctive urban workspace...

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SLR Senior Investment Corp. Announces Monthly Distribution of $0.10 Per Share for December 2021

NEW YORK, Dec. 01, 2021 (GLOBE NEWSWIRE) — SLR Senior Investment Corp. (the “Company”) (NASDAQ: SUNS) declared a distribution of $0.10 per share for the month of December 2021. The distribution is payable on January 5, 2022 to stockholders of record as of December 16, 2021. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year. ABOUT SLR SENIOR INVESTMENT CORP. SLR Senior Investment Corp. is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. A specialty finance company with expertise in several niche markets, the Company generally invests directly and indirectly in leveraged, U. S. middle market companies primarily in the form of cash flow senior secured loans, including...

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Sun Communities, Inc. Declares Fourth Quarter 2021 Dividends

Southfield, MI, Dec. 01, 2021 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE:SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates or has an interest in manufactured housing (“MH”) communities, recreational vehicle (“RV”) resorts and marinas, today announced its Board of Directors declared a quarterly distribution of $0.83 per share of common stock for the fourth quarter of 2021. The distribution is payable January 18, 2022 to shareholders of record on December 31, 2021. About Sun Communities, Inc. Sun Communities, Inc. is a REIT that, as of September 30, 2021, owned, operated, or had an interest in a portfolio of 584 developed MH, RV and marina properties comprising nearly 155,900 developed sites and nearly 44,900 wet slips and dry storage spaces in 38 states, Canada and Puerto Rico. For Further...

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The Community Financial Corporation Increases Quarterly Cash Dividend 17%

WALDORF, Md., Nov. 30, 2021 (GLOBE NEWSWIRE) — The Community Financial Corporation (NASDAQ: TCFC) (the “Company”), the bank holding company for Community Bank of the Chesapeake, announced today that its Board of Directors has declared a quarterly cash dividend of $0.175 per share of common stock, up from $0.15 in the previous quarter. This represents a 17% increase over the previous quarter. The dividend will be paid on or about January 24, 2022 to stockholders of record as of the close of business on January 10, 2022.   “Throughout the pandemic, diligence, thoughtful leadership and team commitment has driven our Company to strong financial results and to be well positioned for continued success,” commented CEO William Pasenelli. “Our focus has been to serve our customers and communities. We have helped thousands of local businesses...

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EPCOR announces increase to annual dividend

EDMONTON, Alberta, Nov. 30, 2021 (GLOBE NEWSWIRE) — EPCOR’s annual dividend to its sole shareholder, the City of Edmonton, will increase from $171 million in 2021 to $177 million in 2022. The increase was recommended by EPCOR’s Board of Directors, and approved by the shareholder on November 25, 2021. “Based on EPCOR’s strong and stable performance, and growth achieved through successful business development activities, company earnings support an increase to the dividend in 2022,” said EPCOR President and CEO Stuart Lee. In accordance with EPCOR’s dividend policy, the new dividend amount will remain in effect until the EPCOR Board recommends a different amount to the shareholder for approval. “EPCOR’s diversification and growth into a North American utility, with operations in four provinces and three states, continues to create...

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