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Hudbay Announces Second Quarter 2021 Results

TORONTO, Aug. 09, 2021 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today released its second quarter 2021 financial results. All amounts are in U.S. dollars, unless otherwise noted. Second Quarter Operating and Financial ResultsGenerated $404.2 million in revenue, $132.8 million of operating cash flow before change in non-cash working capital and $143.2 million of adjusted EBITDA1 in the second quarter of 2021 from higher realized metal prices and higher copper and precious metals sales volumes, partially offset by lower zinc sales volumes. Consolidated copper production in the second quarter was 23,474 tonnes at cash cost and sustaining cash cost per pound of copper produced, net of by-product creditsi, of $0.84 and $2.25, respectively. Consolidated gold production increased to 39,848...

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European Residential REIT Announces Second Quarter 2021 Results

TORONTO, Aug. 09, 2021 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX: ERE.UN) announced today its results for the three and six months ended June 30, 2021. SECOND QUARTER 2021 HIGHLIGHTSOn June 30, 2021, the REIT closed on two acquisitions of multi-residential properties in the Netherlands for a combined purchase price of €47.0 million (excluding transaction costs and fees), representing an aggregate 137 residential units as well as ancillary commercial and parking space. The fair value of the REIT’s property portfolio increased to €1.56 billion as at June 30, 2021, consisting of €1.45 billion in multi-residential properties located in the Netherlands and €0.11 billion in commercial properties located in Germany, Belgium and the Netherlands, resulting...

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Capstone Infrastructure Corporation Reports Second Quarter Results And Declares A Quarterly Dividend

TORONTO, Aug. 09, 2021 (GLOBE NEWSWIRE) — Capstone Infrastructure Corporation (TSX: CSE.PR.A) (the “Corporation” or “Capstone”) today announced and filed its financial results for the second quarter ended June 30, 2021. The Corporation’s Management’s Discussion and Analysis (“MD&A”) for the second quarter 2021 and unaudited interim consolidated financial statements are available at www.capstoneinfrastructure.com and on SEDAR at www.sedar.com. Capstone’s MD&A details the “Results of Operations” and provides a “Financial Position Review” for the quarter ended June 30, 2021. Dividend Declarations The Board of Directors today declared a quarterly dividend on the Corporation’s Cumulative Five-Year Rate Reset Preferred Shares, Series A (the “Preferred Shares”)...

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Progressive Announces Quarterly Common and Preferred Share Dividends

MAYFIELD VILLAGE, OHIO, Aug. 09, 2021 (GLOBE NEWSWIRE) — On August 6, 2021, the Board of Directors of The Progressive Corporation (NYSE:PGR) declared a $0.10 per common share dividend, payable October 15, 2021, to shareholders of record at the close of business on October 7, 2021 (ex-dividend date of October 6, 2021). In addition, the Board declared a dividend on our outstanding Series B Fixed-to-Floating Rate Cumulative Perpetual Serial Preferred Shares in the amount of $26.875 per Series B Share, or $13.4 million in the aggregate. The dividend, which is based on the annual rate of 5.375% of the stated amount of $1,000 per Series B Share, will be paid on September 15, 2021, to shareholders of record at the close of business on August 31, 2021. About ProgressiveThe Progressive Group of Insurance Companies makes it easy to understand,...

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Barrick Announces Second $250 Million ($0.14 per share¹) Return of Capital Tranche in Addition to a $0.09 Per Share Quarterly Dividend

All amounts expressed in US dollars TORONTO, Aug. 09, 2021 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced that the second $250 million tranche (approximately $0.14 per share1) of the return of capital distribution totalling $750 million will be paid on September 15, 2021 to shareholders of record at the close of business on August 31, 2021. This will complement the $0.09 per share dividend declared by the Barrick Board of Directors for the second quarter, which will also be paid on September 15, 2021 to shareholders of record at the close of business on August 31, 2021.2 This follows the approval by shareholders at Barrick’s Annual and Special Meeting on May 4, 2021 of the total $750 million return of capital distribution. After payment of the first $250 million tranche on June 15, 2021 and the...

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Cornerstone Funds Announce Continuing Monthly Distributions for 2021 And Distribution Percentage for 2022

NEW YORK, Aug. 06, 2021 (GLOBE NEWSWIRE) — Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF), (individually the “Fund” or, collectively, the “Funds”), each a closed-end management investment company, announced that in keeping with each Fund’s previously adopted monthly distribution policy, each Fund is declaring the following distributions:  Record Date Payable Date Per Share       CLM October 15, 2021 October 29, 2021 $0.1602CLM November 15, 2021 November 30, 2021 $0.1602CLM December 15, 2021 December 31, 2021 $0.1602       CRF October 15, 2021 October 29, 2021 $0.1537CRF November 15, 2021 November 30, 2021 $0.1537CRF December 15, 2021 December 31, 2021 $0.1537Each Fund’s distribution policy provides for the resetting of the monthly...

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Havertys Announces Third Quarter Cash Dividend and New Authorization Under Stock Repurchase Program

ATLANTA, Aug. 06, 2021 (GLOBE NEWSWIRE) — HAVERTYS (NYSE: HVT and HVT.A) announced today that its board of directors declared a cash dividend to be paid on the outstanding shares of the two classes of $1 par value common stock of the company at a rate of $0.25 per share on the common stock and $0.23 per share on the Class A common stock. The dividend is payable on September 8, 2021, to stockholders of record at the close of business on August 23, 2021. Havertys has paid a cash dividend in each year since 1935. The board also approved a new authorization under its stock repurchase program that permits the company to purchase up to $25.0 million of its common stock and Class A common stock once the approximately $8.2 million remaining authorization is utilized. The company has repurchased approximately 235,000 shares of common stock...

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Bath & Body Works, Inc. Declares Cash Dividend

COLUMBUS, Ohio, Aug. 06, 2021 (GLOBE NEWSWIRE) — Bath & Body Works, Inc. (NYSE: BBWI) announced today the declaration of its regular quarterly dividend of $0.15 per share payable on Sept. 3, 2021 to shareholders of record at the close of business on Aug. 20, 2021. ABOUT BATH & BODY WORKS: Bath & Body Works is one of the world’s leading specialty retailers and home to America’s Favorite Fragrances® offering a breadth of exclusive fragrances for the body and home, including the #1 selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap. For more than 30 years, customers have looked to Bath & Body Works for quality, on- trend products and the newest, freshest fragrances. Today, these fragrant products can be purchased at more than 1,750...

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TWC Enterprises Limited Announces Second Quarter 2021 Results and Eligible Cash Dividend

KING CITY, Ontario, Aug. 05, 2021 (GLOBE NEWSWIRE) — TWC Enterprises Limited (TSX: TWC) Consolidated Financial Highlights (unaudited)(in thousands of dollars except per share amounts) Three months ended Six months endedJune 30, 2021 June 30, 2020 June 30, 2021 June 30, 2020Net earnings (loss) 4,472 2,605 4,927 (29,815 )Basic and diluted earnings (loss) per share 0.18 0.10 0.20 (1.13 )Operating Data  Three months ended Six months ended  June 30, 2021 June 30, 2020 June 30, 2021 June 30, 2020ClubLinkCanadian Full Privilege Golf Members     15,097 13,978Championship rounds – Canada 362,000 302,000 362,000 302,00018-hole equivalent championship golf courses – Canada     39.5 39.518-hole equivalent managed championship golf courses – Canada     2.0 1.0Championship rounds – U.S. 63,000 36,000 156,000 148,00018-hole...

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UPS Announces Quarterly Dividend and $5 Billion Share Repurchase Program

ATLANTA, Aug. 05, 2021 (GLOBE NEWSWIRE) — UPS (NYSE: UPS) today announced its regular quarterly dividend of $1.02 per share on all outstanding Class A and Class B shares. The dividend is payable September 9, 2021 to shareowners of record on August 23, 2021.  In addition, the Company announced that its Board of Directors has approved a new share repurchase program of $5.0 billion, replacing its existing $2.1 billion authorization. Carol Tomé, UPS chief executive officer, commented, “Commitment to the dividend is one of UPS’s core principles and a hallmark of the company’s financial strength. As previously disclosed, we expect to continue paying regular cash dividends, with a targeted dividend payout ratio, starting in 2022, of approximately 50% of our prior year’s adjusted net income. In addition, we are pleased that the Board...

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