OLNEY, Md., Jan. 28, 2021 (GLOBE NEWSWIRE) — Sandy Spring Bancorp, Inc., (Nasdaq- SASR), the parent company of Sandy Spring Bank, announced that the board of directors declared a quarterly common stock dividend of $0.32 per share payable on February 24, 2021 to shareholders of record on February 17, 2021. This dividend is an increase of $0.02 over the previous linked quarter and the first quarter of 2020.About Sandy Spring Bancorp, Inc./Sandy Spring BankSandy Spring Bancorp, Inc., headquartered in Olney, Maryland, is the holding company for Sandy Spring Bank, a premier community bank in the Greater Washington, D.C. region. With over 60 locations, the bank offers a broad range of commercial and retail banking, mortgage, private banking, and trust services throughout Maryland, Northern Virginia, and Washington, D.C. Through its subsidiaries,...

NEW YORK, Jan. 27, 2021 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today announced the estimated federal income tax treatment of the Company’s 2020 distributions on its common stock (CUSIP #03762U105) and on its 8.00% Fixed-to-Floating Series B Cumulative Redeemable Perpetual Preferred Stock.The federal income tax classification of the 2020 distributions on the Company’s common stock as it is expected to be reported on Form 1099-DIV is set forth in the following table:(1) Pursuant to Section 857(b)(9) of the Internal Revenue Code of 1986, as amended, cash distributions made on January 15, 2021 to stockholders of record as of December 31, 2020, are treated, to the extent of the Company’s 2020 tax earnings and profits, as received by stockholders on December 31, 2020. Since the...

MEMPHIS, Tenn., Jan. 27, 2021 (GLOBE NEWSWIRE) — First Horizon Corporation (NYSE: FHN or the “Company”) today announced that its board of directors has authorized the Company to repurchase up to $500 million of the Company’s common stock.“We are pleased to report the board’s approval of a new share repurchase program,” said Bryan Jordan, Chief Executive Officer and President. “This authorization follows the completion of our 2020 Company-run stress test which demonstrated the strength and resiliency of our capital base and the enhanced earnings power of our more diversified business model and geographic presence. As it relates to capital deployment, our first priority is to make investments to drive organic growth, but we also plan to balance this with opportunistic share repurchases to help drive enhanced shareholder returns.”Additionally,...

NEW YORK, Jan. 26, 2021 (GLOBE NEWSWIRE) — RPT Realty (NYSE:RPT) (the “Company”) announced today tax reporting information for the 2020 dividend distributions on its common and preferred shares.The January 2, 2020 common share and preferred share distributions are included in the tax allocations for 2020. The January 4, 2021 preferred share distributions will be included in the tax allocations for 2021.The tax reporting information as it will be reported on the Form 1099-DIV, on a per share basis, is as follows:Common Shares (NYSE: RPT); CUSIP #’s 74971D 101, 751452103 and 751452202Preferred Shares (NYSE: RPT.PD); CUSIP #’s 74971D 200 and 7514526081 Represents a return of stockholders’ original investment.2 Represents qualified REIT dividends that may be eligible for the 20% qualified business income deduction under Section 199A...

RALEIGH, N.C., Jan. 26, 2021 (GLOBE NEWSWIRE) — The Board of Directors of First Citizens BancShares Inc. (Nasdaq: FCNCA) declared on Jan. 26, 2021, a quarterly dividend of 47 cents per share on the company’s Class A and Class B common stock. The dividend is payable April 5, 2021, to shareholders of record March 15, 2021.The Board also declared a regular quarterly dividend on the company’s 5.375% non-cumulative perpetual preferred stock, Series A, to be paid on March 15, 2021, to holders of record as of Feb. 28, 2021.There are currently 345,000 outstanding shares of the Series A preferred stock which are held pursuant to a Deposit Agreement dated March 12, 2020. Under that agreement, an aggregate of 13,800,000 depositary shares were issued, each representing a 1/40th interest in a share of the Series A preferred stock.ABOUT FIRST...

JASPER, Ind., Jan. 25, 2021 (GLOBE NEWSWIRE) — German American Bancorp, Inc. (Nasdaq: GABC) reported record quarterly earnings of $20.9 million, or $0.79 per share, during the fourth quarter 2020 and that, for the 11th consecutive year, the Company has achieved record annual earnings posting annual net income of $62.2 million, or $2.34 per share, for the year ended December 31, 2020.  This level of annual earnings resulted in a double-digit return on shareholders’ equity in 2020, marking the 16th consecutive year in which the Company has delivered a double-digit return on shareholders’ equity.  The Company also announced the declaration of an 11% increase in its quarterly cash dividend, and the approval of a new share repurchase plan for up to one million GABC shares.The record annual net income for 2020 represented an increase of...

TORONTO, 25 janv. 2021 (GLOBE NEWSWIRE) — Partenaires Ninepoint LP (« Partenaires Ninepoint ») a annoncé aujourd’hui les distributions en espèces de janvier 2021 pour ses titres de série de FNB. La date de référence des distributions est le 1 février 2021 et celles-ci sont payables le 8 février 2021.Voici les détails des distributions par part de janvier :À propos de Partenaires NinepointÉtablie à Toronto, Partenaires Ninepoint LP est l’une des principales sociétés de gestion de placements alternatifs au Canada. Elle supervise environ 7 milliards de dollars d’actifs sous gestion, incluant des contrats institutionnels. Engagée à aider les investisseurs à explorer des solutions de placement novatrices qui ont le potentiel d’accroître les rendements et de gérer le risque des portefeuilles, Ninepoint offre un ensemble diversifié de...

TORONTO, Jan. 25, 2021 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the January 2021 cash distributions for its ETF Series securities. The record date for the distributions is February 1, 2021 and distributions are payable on February 8, 2021.The per-unit January distributions are detailed below:About Ninepoint PartnersBased in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management firms overseeing approximately $7 billion in assets under management and institutional contracts. Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies including Alternative Income and Real Assets, in addition to North American and Global...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATESTORONTO, Jan. 25, 2021 (GLOBE NEWSWIRE) — Caldwell Investment Management Ltd. (“CIM”), the manager of Caldwell U.S. Dividend Advantage Fund (the “Fund”) is pleased to announce the payment of distributions on the actively-managed ETF Series of the Fund to unitholders of record as indicated below. The monthly distribution rate of CAD$0.038 per unit of the ETF Series represents an attractive annualized yield on net assets of approximately 3.3%.ETF Series unitholders also have the option to participate in the distribution reinvestment plan (“DRIP”) offered by the Fund, which provides investors with the ability to automatically reinvest distributions and realize the benefits of compounded growth. Unitholders can enroll in the DRIP program...

NEW YORK, Jan. 22, 2021 (GLOBE NEWSWIRE) — Lexington Realty Trust (“Lexington”) (NYSE: LXP), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced its final 2020 dividend income allocations for both its common and preferred shares as they will be reported on Form 1099-DIV. Additionally, the return of capital on the common shares (Nondividend Distributions in the table below) was reported on Internal Revenue Service Form 8937 pursuant to U.S. tax basis reporting as required under Internal Revenue Code 6045B. A copy of the Internal Revenue Service Form 8937 was posted to Lexington’s web site (www.lxp.com) on January 15, 2021.____________________________________________________________________________________(1)   Qualified Dividends (Box 1b) and Section 199A Dividends (Box...