WASHINGTON, Feb. 11, 2021 (GLOBE NEWSWIRE) — Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a leading owner and operator of multifamily and commercial properties in the Washington, DC area, reported financial and operating results today for the quarter and year ended December 31, 2020:Full-Year 2020 Financial and Operational Results(1)Net loss was $15.7 million, or $0.20 per diluted share, including net losses on the sale of real estate of $15.0 millionNAREIT FFO was $119.4 million, or $1.44 per diluted shareCore FFO was $1.45 per diluted shareNet Operating Income (NOI)(2) was $181.2 millionSame-store(3) NOI declined 5.4% and cash NOI declined 4.9% compared to 2019 primarily due to lower rental income and higher credit losses related to COVID-19Same-store Office NOI decreased by 7.1% and cash...

INDIANAPOLIS, Feb. 11, 2021 (GLOBE NEWSWIRE) — Kite Realty Group Trust (NYSE: KRG) reported today its operating results for the fourth quarter and year ended December 31, 2020.“Despite the challenges we’ve all faced in 2020, I am extremely proud of KRG’s ability to handle adversity and deliver strong results,” said John A. Kite, Chairman and CEO. “Our performance is a testament to our people, processes, properties and tenants. As the rate of vaccinations accelerates, KRG is positioned to continue our sector-leading operations and capitalize on new opportunities.”2020 Key HighlightsSuccessfully navigated the pandemic with a variety of initiatives and measures such as, ensuring employee safety, providing curbside pickup locations for our tenants, launching the KRG Small Business Lending Program, and maintaining strong leasing volume...

MIAMI, Feb. 11, 2021 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE:WSO) announced today that its Board of Directors has approved a 10% increase in its annual dividend to $7.80 per share on each outstanding share of its Common and Class B common stock. The increase will be reflected in the Company’s next regular dividend payment beginning in April 2021.Albert H. Nahmad, Watsco’s Chairman & CEO stated: “We are pleased to increase dividends to our shareholders, which reflects our confidence in the business and is supported by our strong cash flow and balance sheet.”Watsco has paid dividends to shareholders for 47 consecutive years. The Company’s philosophy is to share increasing amounts of cash flow through higher dividends while maintaining a conservative balance sheet with continued capacity to build its distribution network. Future...

DAYTONA BEACH, Fla., Feb. 11, 2021 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has declared, an increase in the Company’s quarterly cash dividend to $0.24 per share of common stock for the first quarter of 2021 from its previous quarterly cash dividend of $0.22 per share of common stock. The dividend is payable on March 31, 2021 to stockholders of record as of the close of business on March 22, 2021. The 2021 first quarter cash dividend represents a 9.1% increase over the Company’s previous quarterly dividend and an annualized yield of approximately 5.5% based on the closing price of the common stock on February 10, 2021.About Alpine Income Property Trust, Inc.Alpine Income Property Trust, Inc. (NYSE: PINE) is a publicly...

Reports Record 4Q20 US GAAP Net Income of $90.5 million, or $2.98 per diluted shareEconomic Operating Income in 4Q20 of $138.7 million, or $4.58 per diluted share (Non-GAAP)Record FY20 US GAAP Net Income attributable to Cowen Inc. stockholders of $209.6 million and record FY20 Economic Operating income of $335.9 million (Non-GAAP)Record quarter and year for Investment Banking and BrokerageMaintained quarterly cash dividend of $0.08 per common shareNEW YORK, Feb. 11, 2021 (GLOBE NEWSWIRE) — Cowen Inc. (NASDAQ: COWN) (“Cowen” or “the Company”) today announced its operating results for the fourth quarter and full year ended December 31, 2020.Jeffrey M. Solomon, Chair and Chief Executive Officer of Cowen, said, “I am proud of the dedication and hard work the Cowen team exhibited to achieve the strongest results in the firm’s...

CONCORD, Calif., Feb. 10, 2021 (GLOBE NEWSWIRE) — AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today.Company highlights for the month of January 2021 include:Platform assets of $74.6 billion at the end of January, up 20.7% year-over-year.Net flows were $494 million in the month of January, up 4.7% year-over-year.AssetMark Trust Company client cash was $2.44 billion, up 39.4% year-over-year.Number of households increased 14.9% year-over-year to 188,057 at the end of January.This monthly data is being provided on a supplemental basis and should not be taken as a substitute for the Company’s financial statements filed with the Securities and Exchange Commission as part of the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2020. This monthly data is preliminary...

Annual revenues of $4.7 billion; net income of $114.9 millionAnnual earnings per diluted share of $2.04Achieved strong financial results despite the COVID-19 pandemic’s negative impact on the industry4th quarter revenues of $1.3 billion; net income of $41.0 millionBoard declares cash dividend of $0.18 per share of Class A and Class B common stock, a 29% increase over the prior quarterly dividendSAN ANTONIO, Feb. 10, 2021 (GLOBE NEWSWIRE) — Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the year ended December 31, 2020, the Company achieved revenues of $4.7 billion and net income of $114.9 million, or $2.04 per diluted share, compared with revenues of $5.8 billion and net income of $141.6 million, or $2.51 per diluted...

EVANSTON, Ill., Feb. 10, 2021 (GLOBE NEWSWIRE) — Fidus Investment Corporation (NASDAQ:FDUS) (“Fidus” or the “Company”) today announced that its Board of Directors on February 9, 2021 declared a base dividend of $0.31 per share and a supplemental dividend of $0.07 per share for the first quarter of 2021. The Company’s dividends will be payable on March 26, 2021 to stockholders of record as of March 12, 2021.When declaring dividends, the Company’s Board of Directors reviews estimates of taxable income available for distribution, which differs from consolidated income under generally accepted accounting principles due to (i) changes in unrealized appreciation and depreciation, (ii) temporary and permanent differences in income and expense recognition, and (iii) the amount of undistributed taxable income carried over from a given year...

CLEARFIELD, Pa., Feb. 10, 2021 (GLOBE NEWSWIRE) — The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) (the “Corporation”) has announced the declaration of a $0.17 per share of common stock quarterly cash dividend payable on March 15, 2021, to common stock shareholders of record as of March 1, 2021.CNB Financial Corporation is a financial holding company with consolidated assets of approximately $4.7 billion. CNB Financial Corporation conducts business primarily through its principal subsidiary, CNB Bank. CNB Bank is a full-service bank engaging in a full range of banking activities and services, including trust and wealth management services, for individual, business, governmental, and institutional customers. CNB Bank operations include a private banking division, one loan production office, one drive-up...

NEW YORK, Feb. 10, 2021 (GLOBE NEWSWIRE) — Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) is pleased to announce the declaration of distributions on shares of the Fund’s 6.375% Series A Term Preferred Stock due 2025 (“Series A”), 6.25% Series B Term Preferred Stock due 2023 (“Series B”), 6.625% Series C Term Preferred Stock due 2024 (“Series C), 7.00% Series D Term Preferred Stock due 2029 (“Series D”), 6.375% Series E Term Preferred Stock due 2024 (“Series E”) and 6.625% Series F Term Preferred Stock due 2027 (“Series F”).About Priority Income FundPriority Income Fund, Inc., is a registered closed-end fund that was created to acquire and grow an investment portfolio primarily consisting of senior secured loans or pools of senior secured loans known as collateralized loan obligations (“CLOs”)....