TORONTO, March 24, 2021 (GLOBE NEWSWIRE) — Purpose Investments Inc. is pleased to announce the 2021 first quarter distributions for Purpose Specialty Lending Trust.  Ticker Symbol Distributionper share/unit Ex Distribution Date Record Date Payable DatePurpose Specialty Lending Trust – Class A Unlisted $0.1135 03/30/2021 03/31/2021 04/23/2021Purpose Specialty Lending Trust – Class F Unlisted $0.1175 03/30/2021 03/31/2021 04/23/2021Purpose Specialty Lending Trust – Class U Unlisted US $0.1475 03/30/2021 03/31/2021 04/23/2021Purpose Specialty Lending Trust – Class A1, Series 2 Unlisted $0.1325 03/30/2021 03/31/2021 04/23/2021Purpose Specialty Lending Trust – Class F, Series 3 Unlisted $0.1370 03/30/2021 03/31/2021 04/23/2021About Purpose Investments Inc. Purpose Investments Inc. is an asset management company with...

COLDWATER, Mich., March 24, 2021 (GLOBE NEWSWIRE) — Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced that its board of directors approved an increase to the quarterly cash dividend that will be paid in April 2021. The $0.24 per share dividend is an increase of $0.01 per share over the January 2021 cash dividend payment. The annualized cash dividend of $0.96 per share represents a 2.67% dividend yield based on the current market price of $36.00 per share. The dividend will be payable April 23, 2021 to shareholders of record as of April 9, 2021.   Southern Michigan Bancorp, Inc. is a bank holding company and the parent company of Southern Michigan Bank & Trust. It operates 13 branches within Branch, Calhoun, Hillsdale, Kalamazoo and St. Joseph Counties, providing a broad range of consumer, business and wealth management...

ACTON, Mass., March 23, 2021 (GLOBE NEWSWIRE) — Psychemedics Corporation (NASDAQ:PMD), the world’s largest provider of hair testing for drugs of abuse, today announced fourth quarter and full year financial results for the period ended December 31, 2020. The Company’s revenue for the year ended December 31, 2020 was $21.4 million versus $37.7 million for the twelve months ended December 31, 2019, a decrease of 43%. Net loss for the twelve months ended December 31, 2020 was $3.9 million or $0.70 per diluted share, versus net income of $1.5 million or $0.28 per diluted share, for the comparable period last year. The Company’s revenue for the quarter ended December 31, 2020 was $5.3 million versus $8.7 million for the quarter ended December 31, 2019, a decrease of 39%. Net loss for the quarter ended December 31, 2020 was $0.5...

ATLANTA, March 23, 2021 (GLOBE NEWSWIRE) — Atlantic American Corporation (Nasdaq- AAME) today reported net income for the three month period ended December 31, 2020 of $11.8 million, or $0.54 per diluted share, as compared to net income of $1.3 million, or $0.06 per diluted share, for the comparable period in 2019. For the year ended December 31, 2020, the Company reported net income of $12.2 million, or $0.56 per diluted share, as compared to net loss of $0.4 million, or $0.04 per diluted share, for the comparable period in 2019. The increase in net income during the fourth quarter of 2020 was primarily due to a $7.0 million increase in realized gains coupled with a $5.1 million decrease in insurance benefits and losses incurred for the fourth quarter of 2020 as compared to the comparable quarter of 2019. The increase in net income...

TORONTO, March 22, 2021 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of March 2021 of US$0.0633 per unit. The distribution will be payable on April 15, 2021 to unitholders of record as of the close of business on March 31, 2021. Distributions paid to Canadian unitholders (and other non-U.S. unitholders) generally will be subject to U.S. withholding tax. For a general summary of the taxation of distributions paid to Canadian unitholders, including information regarding U.S. withholding tax, please see the “Certain Canadian Federal Income Tax Considerations”, “Certain U.S. Federal Income Tax Considerations” sections of the REIT’s prospectus dated April 18, 2013, and “Risk Factors...

BOCA RATON, Fla., March 22, 2021 (GLOBE NEWSWIRE) — Newtek Business Services Corp., (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that it is increasing its 2021 annual dividend forecast to a range of $2.40 to $2.901 per share, from the previous 2021 annual dividend forecast range of $2.00 to $2.50 per share. The midpoint of the 2021 annual dividend forecast range would represent an approximate 29% increase over the 2020 annual dividend. Barry Sloane, Chairman, President and Chief Executive Officer said, “After what had been an unprecedented year, and one of the most challenging in our 23-year operating history, I am pleased to say that we are extremely positive about the year ahead and feel that we are well positioned to capture market opportunities. As such, we are forecasting a record...

GREENWICH, Conn., March 22, 2021 (GLOBE NEWSWIRE) — Oxford Square Capital Corp. (NasdaqGS: OXSQ) (NasdaqGS: OXSQL) (NasdaqGS: OXSQZ) (the “Company,” “we,” “us” or “our”) announced today its financial results and related information for the quarter ended December 31, 2020.As of December 31, 2020, net asset value (“NAV”) per share was $4.55, compared with the NAV per share of $3.85 at the prior quarter end.For the quarter ended December 31, 2020 we recorded GAAP net investment income of approximately $4.7 million, or $0.10 per share. We recorded net unrealized appreciation of approximately $35.7 million and net realized losses on investments of approximately $0.7 million for the quarter ended December 31, 2020, compared to net unrealized appreciation of approximately $20.9 million and net realized losses on investments of approximately...

ARCHBOLD, Ohio, March 19, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of The Farmers & Merchants State Bank, with assets of $1.91 billion at December 31, 2020, today announced that it has approved the Company’s quarterly cash dividend of $0.17 per share, which is a 6.3% increase over the first quarter dividend of 2020. The first quarter dividend is payable on April 20, 2021, to shareholders of record as of March 31, 2021.  About Farmers & Merchants Bancorp, Inc.:The Farmers & Merchants State Bank is a local independent community bank that has been serving Northwest Ohio and Northeast Indiana since 1897. The Farmers & Merchants State Bank provides commercial banking, retail banking and other financial services. Our offices are in...

LOS ANGELES, March 18, 2021 (GLOBE NEWSWIRE) — Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has increased the quarterly cash dividend to $0.38 per share, an increase of 26.7% over the previous dividend of $0.30 per share. The dividend is payable on April 21, 2021 to holders of record on April 7, 2021.Chairman and CEO Li Yu commented, “We are very pleased to increase the dividend and it is a direct reflection of the strong performance of the Bank through the past year as well as expectations for the future. This also serves to maintain our stated desired dividend payout ratio.”About Preferred BankPreferred Bank (the “Bank”) is one of the larger independent commercial banks headquartered in California. The Bank is chartered by the State of...

TORONTO, March 18, 2021 (GLOBE NEWSWIRE) — Guardian Capital LP announces the following regular cash distributions for the period ending March 31, 2021, in respect of the Guardian Capital ETFs listed below. In each case, the distribution will be paid on March 31, 2021 to unitholders of record on March 25, 2021. The ex-dividend date in each case is March 24, 2021.  About Guardian Capital LPGuardian Capital LP is the manager and portfolio manager of the Guardian Capital Funds and each of the Guardian Capital ETFs. Additionally, Guardian Capital manages portfolios for defined benefit and defined contribution pension plans, insurance companies, foundations, endowments and investment funds. Guardian Capital is a wholly-owned subsidiary of Guardian Capital Group Limited. For further information on Guardian Capital, please call 416-350-8899...