JACKSONVILLE, Fla., Feb. 10, 2021 (GLOBE NEWSWIRE) — CSX Corp. (NASDAQ: CSX) today announced that the Company’s Board of Directors has authorized an 8 percent increase in its quarterly dividend, from $0.26 to $0.28 per share. The new $0.28 quarterly dividend is payable on March 15, 2021 to shareholders of record at the close of business on February 26, 2021.About CSX and its DisclosuresCSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nation’s economic expansion and industrial development. Its network connects every major metropolitan area...

ALTAVISTA, Va., Feb. 10, 2021 (GLOBE NEWSWIRE) — Pinnacle Bankshares Corporation (“Pinnacle” or the “Company”) (OTCQX: PPBN), the one-bank holding company for First National Bank (the “Bank”), announced today that its Board of Directors declared a cash dividend of $0.14 per share on February 9, 2021, payable March 5, 2021, to shareholders of record as of February 19, 2021.The $0.14 per share cash dividend is equal to the $0.14 dividend paid last quarter and marks the thirty-fourth consecutive quarter a dividend has been declared.“Pinnacle is pleased to continue its quarterly cash dividend of $0.14 per share,” stated Aubrey H. Hall, III, President and Chief Executive Officer for both the Company and the Bank.  Mr. Hall further commented, “We are wrapping up an eventful year for the Company highlighted by the completion of our merger...

New York, Feb. 10, 2021 (GLOBE NEWSWIRE) —  Interpublic Group (NYSE: IPG) today announced that the company’s Board of Directors has declared a quarterly dividend on IPG common stock of $0.27 per share, payable on March 15, 2021, to holders of record at the close of business on March 1, 2021. The increase in the dividend from $0.255 to $0.27 per share represents a 6 percent increase to the Company’s quarterly dividend.# # #About InterpublicInterpublic is values-based, data-fueled, and creatively-driven. Major global brands include Acxiom, Craft, FCB (Foote, Cone & Belding), FutureBrand, Golin, Huge, Initiative, Jack Morton, Kinesso, MAGNA, Matterkind, McCann, Mediahub, Momentum, MRM, MullenLowe Group, Octagon, R/GA, UM and Weber Shandwick. Other leading brands include Avrett Free Ginsberg, Campbell Ewald, Carmichael Lynch, Deutsch,...

Net income available to common stockholders of $2.9 million and $27.7 million for the three months and year ended December 31, 2020, respectively, or $0.05 and $0.46 per diluted share, respectivelyFunds From Operations per diluted share decreased 27% and 14% year-over-year for the three months and year ended December 31, 2020, respectively, or $0.41 and $1.89 per diluted share, respectivelyCollected 92% to date of rents that were due during the fourth quarter of 2020SAN DIEGO, Feb. 09, 2021 (GLOBE NEWSWIRE) — American Assets Trust, Inc. (NYSE: AAT) (the “company”) today reported financial results for its fourth quarter and year ended December 31, 2020.Fourth Quarter HighlightsNet income available to common stockholders of $2.9 million and $27.7 million for the three months and year ended December 31, 2020, respectively, or $0.05...

MIDDLEFIELD, Ohio, Feb. 09, 2021 (GLOBE NEWSWIRE) — Middlefield Banc Corp. (NASDAQ: MBCN) today announced that the Company’s Board of Directors declared a quarterly cash dividend of $0.16 per common share, which is a 6.7% increase over the 2020 first quarter cash dividend payment. The first quarter dividend is payable on March 15, 2021, to shareholders of record on March 4, 2021.“Many of our shareholders are members of our local communities and I am pleased to announce an increase in our regular cash dividend payment,” stated Thomas G. Caldwell, President and Chief Executive Officer. “The increase in our first quarter dividend payment represents the fourth increase in the past five years and follows the November 2020 increase in our share repurchase program, which reflects our long-standing history of creating value for our shareholders.”Middlefield...

PHILADELPHIA, Feb. 05, 2021 (GLOBE NEWSWIRE) — Resource REIT, Inc. (“Resource” or “the REIT”), a publicly registered non-traded real estate investment trust, announced today that its board of directors authorized a distribution of $0.07 per share for the first quarter of 2021, payable on March 31, 2021 to stockholders of record on March 30, 2021.The board also approved the reinstatement of the distribution reinvestment plan (DRIP). Former stockholders of Resource Real Estate Opportunity REIT I, Inc. and Resource Apartment REIT III, Inc. must complete and submit new distribution reinvestment forms for the DRIP.On January 28, 2021, Resource entered into a structured credit facility transaction with CBRE Multifamily Capital, Inc. Financings totaled $495 million at an average interest rate of 2.68% and proceeds from the initial advance...

FORT MYERS, Fla., Feb. 04, 2021 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the fiscal quarter ended December 31, 2020, the highlights which are as follows:Not-from-concentrate orange juice consumption continues to be strong.Production of Early and Mid-Season fruit is down from the previous year.Market prices per pound solids increase in fiscal year 2021.Additional proceeds of $4.1 million received under the Florida Citrus Recovery Block Grant Program.Balance sheet remains strong with a working capital ratio of 3.21 to 1.00.Company reaffirms guidance of net income, EBITDA, adjusted net income and adjusted EBITDA for fiscal year 2021.Results of OperationsFor the fiscal quarter ended December 31, 2020, the Company recorded net income attributable to Alico common stockholders...

DALLAS, Feb. 03, 2021 (GLOBE NEWSWIRE) — Capital Southwest Corporation (“Capital Southwest,” “CSWC” or the “Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today the tax treatment of its 2020 dividends.Federal Tax Treatment of 2020 DividendsCapital Southwest paid dividends totaling $2.04 per share that are attributable to the tax year ended December 31, 2020, with 100.00% of those dividends comprised of ordinary income. Further, the ordinary income was 91.82% taxed as ordinary income and 8.18% taxed as qualified dividends.  Long-term capital gains and qualified dividends (subject to certain limitations) paid to non-corporate taxpayers (including individuals) qualify for favorable...

NEW YORK, Feb. 03, 2021 (GLOBE NEWSWIRE) — Solar Senior Capital Ltd. (the “Company”) (NASDAQ: SUNS) declared a distribution of $0.10 per share for the month of February 2021. The distribution is payable on March 2, 2021 to stockholders of record as of February 18, 2021. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year.ABOUT SOLAR SENIOR CAPITAL LTD.Solar Senior Capital Ltd. 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 first...

Shentel expects to issue an $18.75 per share special dividend to Shentel shareholdersThe Company Provides Preliminary 2020 Financial Results and 2021 Financial OutlookEDINBURG, Va., Feb. 03, 2021 (GLOBE NEWSWIRE) — Shenandoah Telecommunications Company (“Shentel”) (NASDAQ: SHEN) announced today the expected uses of the approximately $1.5 billion of after-tax proceeds to be received from the sale of Shentel’s Wireless assets and operations (“Shentel Wireless”) to T-Mobile US, Inc. (“T-Mobile”). Shentel currently expects to use the proceeds to, among other things:As required by Shentel’s credit agreement, repay approximately $702 million of outstanding term loans and swap liabilities and terminate the respective agreements;Issue a special dividend of $18.75 per share to Shentel’s shareholders;Provide adequate liquidity for growth...