Skip to main content

Alico, Inc. Announces Financial Results for the Fiscal Quarter Ended December 31, 2020

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...

Continue reading

Capital Southwest Announces Federal Tax Treatment of 2020 Dividends

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...

Continue reading

Solar Senior Capital Ltd. Announces Monthly Distribution of $0.10 Per Share for February 2021

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...

Continue reading

Shenandoah Telecommunications Company Announces Expected Use of Proceeds from $1.95 billion Sale of Wireless Assets and Operations to T-Mobile

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...

Continue reading

Exco Quarterly Dividend Raised 5.3%

TORONTO, Feb. 02, 2021 (GLOBE NEWSWIRE) — Exco Technologies Limited (TSX-XTC) today announced a quarterly cash dividend of $0.10 per common share to be paid on March 31, 2021 to shareholders of record on March 17, 2021. This dividend represents a 5.3% increase from previous levels. The dividend is an “eligible dividend” in accordance with the Income Tax Act of Canada.Darren Kirk, Exco’s President and CEO, “I am pleased to announce this dividend increase, which reflects our confidence in Exco’s ability to continue generating significant free cash flow in the years ahead”. The annualized dividend represents 36% of Exco’s trailing twelve-month free cash flow. This is the thirteenth time Exco has increased its dividend in twelve consecutive years.About Exco Technologies Limited:Exco Technologies Limited is a global supplier of innovative...

Continue reading

Diversified Royalty Corp. Announces February 2021 Cash Dividend and Q4 2020 Earnings Release Date

VANCOUVER, British Columbia, Feb. 02, 2021 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.01667 per common share for the period of February 1, 2021 to February 28, 2021, which is equal to $0.20 per common share on an annualized basis. The dividend will be paid on February 26, 2021 to shareholders of record as of the close of business on February 11, 2021.Q4 2020 Earnings Release DateDIV will release earnings results for the three months and year ended December 31, 2020 following the closing of regular trading on the Toronto Stock Exchange on March 11, 2021.About Diversified Royalty Corp.DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location...

Continue reading

Pzena Investment Management, Inc. Reports Results for the Fourth Quarter and Full Year of 2020

Pzena reports full year 2020 Diluted EPS of $0.52 and fourth quarter 2020 Diluted EPS of $0.22.Assets under management ends the fourth quarter at $43.3 billion.2020 full year revenue decreases 8 percent to $138.6 million.Board declares a year-end dividend of $0.25 per share.NEW YORK, Feb. 02, 2021 (GLOBE NEWSWIRE) — Pzena Investment Management, Inc. (NYSE: PZN) reported the following U.S. Generally Accepted Accounting Principles (GAAP) basic and diluted net income and earnings per share for the three and twelve months ended December 31, 2020 and 2019 (in thousands, except per-share amounts):1 Please refer to Pages 5, 6, 7, and 11 of this release for more information on as adjusted items and reconciliations to the GAAP financial measures. GAAP diluted net income and GAAP diluted earnings per share were $17.6 million and $0.22, respectively,...

Continue reading

Apollo Tactical Income Fund Inc. Declares February 2021 Monthly Distribution of $0.076 Per Share

NEW YORK, Feb. 02, 2021 (GLOBE NEWSWIRE) — (NYSE: AIF) – Apollo Tactical Income Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of February 2021 of $0.076 per common share, payable on the date noted below.The following dates apply to the declared distribution:Ex-Date: February 11, 2021Record Date: February 12, 2021Payment Date: February 26, 2021Per Share Amount: $0.076Apollo Contact Information:Product Literature877-864-4834InvestorsTaylor ReinhardtInvestor Relations DirectorApollo Global Management, Inc.917-472-4030treinhardt@apollo.comForward-Looking StatementsThis press release may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission in its rules, regulations and releases....

Continue reading

Apollo Senior Floating Rate Fund Inc. Declares February 2021 Monthly Distribution of $0.074 Per Share

NEW YORK, Feb. 02, 2021 (GLOBE NEWSWIRE) — (NYSE: AFT) – Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of February 2021 of $0.074 per common share, payable on the date noted below.The following dates apply to the declared distribution:Ex-Date: February 11, 2021Record Date: February 12, 2021Payment Date: February 26, 2021Per Share Amount: $0.074Apollo Contact Information:Product Literature877-864-4834InvestorsTaylor ReinhardtInvestor Relations DirectorApollo Global Management, Inc.917-472-4030treinhardt@apollo.comForward-Looking StatementsThis press release may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission in its rules, regulations and...

Continue reading

PIEDMONT OFFICE REALTY TRUST DECLARES FIRST QUARTER DIVIDEND

Atlanta, GA, Feb. 02, 2021 (GLOBE NEWSWIRE) — Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today that its board of directors has declared a regular quarterly cash dividend of $0.21 per share, or $0.84 per share on an annualized basis, for the first quarter of 2021.  The dividend will be paid on March 19, 2021 to stockholders of record as of the close of business on February 26, 2021.About Piedmont Office Realty TrustPiedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, with the majority of its revenue being generated from the Sunbelt. Its geographically-diversified, approximately $5 billion...

Continue reading

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.