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Capital Power declares dividends for its Common and Preference shares and suspends its Dividend Reinvestment Plan

EDMONTON, Alberta, Oct. 26, 2021 (GLOBE NEWSWIRE) — The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.5475 per share on the outstanding common shares for the quarter ending December 31, 2021. The dividend is payable on January 31, 2022 to shareholders of record at the close of business on December 31, 2021. Effective for the December 31, 2021 dividend, Capital Power will be suspending its Dividend Reinvestment Plan (DRIP) for its common shares. Shareholders participating in the DRIP will begin receiving cash dividends on the January 31, 2022 payment date. If the Company elects to reinstate the DRIP in the future, shareholders that were enrolled in the DRIP at its suspension and remain enrolled at reinstatement, will automatically resume participation in the DRIP. The Board...

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Black Hills Corp. Increases Quarterly Dividend by 5.3%

RAPID CITY, S.D., Oct. 26, 2021 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today announced that its board of directors approved a quarterly dividend of $0.595 per share, an increase of $0.03 per share, or 5.3%, over last quarter’s dividend. Common shareholders of record at the close of business on Nov. 17, 2021, will receive $0.595 per share, payable Dec. 1, 2021. “This quarterly dividend completes 51 consecutive years we have increased our dividend, maintaining one of the longest records in the gas and electric utility sector,” said Linn Evans, president and CEO of Black Hills Corp. “Our track record of dividend increases reflects the sustainable success of our customer-focused strategy in growing long-term value for customers and shareholders.” This dividend announcement marks 79 consecutive years that Black Hills has paid...

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Hersha Hospitality Trust Announces Third Quarter 2021 Results

– Third Quarter 2021 Net Loss of $0.51 Per Share –– Property Level Cash Flow Growth of 39% Compared to Second Quarter 2021 –– Comparable Portfolio GOP Margins Exceed Third Quarter 2019 –– Third Quarter 2021 Adjusted Funds from Operations of $0.11 Per Share – PHILADELPHIA, Oct. 26, 2021 (GLOBE NEWSWIRE) — Hersha Hospitality Trust (NYSE: HT) (“Hersha,” “Company,” “we” or “our”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced results for the third quarter ended September 30, 2021. Third Quarter 2021 Financial Results Net loss applicable to common shareholders was approximately ($19.8 million), or ($0.51) per diluted common share, in the third quarter 2021, compared to net loss applicable to common shareholders of approximately ($49.2...

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Alpine Banks of Colorado Announces Financial Results for Q3 2021

GLENWOOD SPRINGS, Colo., Oct. 26, 2021 (GLOBE NEWSWIRE) — Alpine Banks of Colorado (OTCQX: ALPIB) (“Alpine” or the “Company”), the holding company for Alpine Bank, today announced results (unaudited) for the third quarter of 2021. The Company reported net income of $16.2 million, or $157.90 per basic Class A common share and $1.05 per basic Class B common share for the third quarter of 2021. Third Quarter 2021 AchievementsTotal assets surpassed $6 billion during the third quarter of 2021 and have grown $976.3 million, or 19.01%, versus September 30, 2020 Book value per Class A share increased 3.4%, or $131.36 to $4,009.23 per share, versus second quarter 2021 Book value per Class B share increased 3.4%, or $0.88 to $26.73 per share, versus second quarter 2021 Organic loan growth during second quarter 2021 was 0.6%, or $18.3 million,...

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Malaga Financial Corporation Announces Special Year End 2021 Stock Dividend in Addition to First Quarter 2022 Cash Dividend

PALOS VERDES ESTATES, Calif., Oct. 25, 2021 (GLOBE NEWSWIRE) — Malaga Financial Corporation (OTCPink:MLGF). Malaga Financial Corporation announced today that its Board of Directors had declared a special 5% stock dividend on the company’s common stock outstanding, payable on or about December 30, 2021 to shareholders of record at the close of business on December 17, 2021. The dividend will be issued in the form of additional shares of common stock. Cash will be issued in lieu of fractional shares. Additionally, a quarterly cash dividend of 25 cents was declared payable to shareholders of record at the close of business on December 17, 2021 to be paid on or about January 4, 2022. Randy C. Bowers, President and CEO, remarked, “We are pleased to declare a special year-end stock dividend in addition to our 70th consecutive quarterly...

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Timbercreek Financial Declares October 2021 Dividend

TORONTO, Oct. 25, 2021 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on November 15, 2021 to holders of Common Shares of record on October 29, 2021. The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees. Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price...

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U.S. Global Investors Continues Monthly GROW Dividend in October

San Antonio, TX, Oct. 25, 2021 (GLOBE NEWSWIRE) — U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a registered investment advisory firm with longstanding experience in global markets and specialized sectors, will continue its payment of monthly dividends in October. Monthly Dividends A monthly dividend of $0.0075 per share was authorized in September 2021 to continue through December 2021. The October dividend record date is October 11 and the payment date is October 25. As of the October payment, the Company has paid a monthly dividend for more than 12 years straight and has increased its dividend twice in the past calendar year. At the October 20, 2021, closing price of $6.42, the $0.0075 monthly dividend equals a 1.40% yield on an annualized basis. The continuation of future cash dividends will be determined by the...

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Armada Hoffler Properties Announces Increase in the Quarterly Cash Dividend on Common Shares for the Third Time This Year

COMPANY ALSO ANNOUNCES QUARTERLY CASH DIVIDEND ON PREFERRED STOCK VIRGINIA BEACH, Va., Oct. 25, 2021 (GLOBE NEWSWIRE) — Armada Hoffler Properties, Inc. (NYSE: AHH) today announced that its Board of Directors declared a cash dividend of $0.17 per common share for the fourth quarter of 2021. This represents the third quarterly increase this year, a 6.25% increase over the prior quarter’s dividend, and a 54.5% cumulative increase year-to-date. The fourth quarter cash dividend will be payable on January 6, 2022 to stockholders of record on December 29, 2021. The Board of Directors also declared a cash dividend of $0.421875 per share on its 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock payable on January 14, 2022 to stockholders of record on January 3, 2022. “We are pleased to raise the dividend for the third time this...

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Sprague Resources LP Announces Cash Distribution for the Third Quarter of 2021 and Earnings Conference Call Schedule

Sprague announces a cash distribution of $0.4338 per unit PORTSMOUTH, N.H., Oct. 25, 2021 (GLOBE NEWSWIRE) — Sprague Resources LP (“Sprague”) (NYSE: SRLP) announced today that the Board of Directors of its general partner, Sprague Resources GP LLC (the “General Partner”), declared a cash distribution of $0.4338 ($1.73 per unit on an annualized basis) for the quarter ended September 30, 2021. This represents a 35% reduction from the second quarter’s cash distribution of $0.6675 per unit. The reduction will provide approximately $25 million annually in direct cash flow to invest in accretive growth projects while significantly boosting Sprague’s distribution coverage ratio. “We’re seeing a range of attractive opportunities associated with the evolving energy landscape and believe that re-investing additional cash flow from operations...

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Mueller Water Products Increases Quarterly Dividend

ATLANTA, Oct. 22, 2021 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA) announced that its Board of Directors has declared an increase to the Company’s quarterly dividend by approximately 5.5% to 5.80 cents ($0.058) per share from 5.50 cents per share, payable on or about November 22, 2021, to stockholders of record as of the close of business on November 10, 2021. About Mueller Water Products, Inc.Mueller Water Products, Inc. (“Mueller”) is a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America. Our broad product and service portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, pipe condition assessment and pressure management products. We help municipalities increase...

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