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Dynacor Declares its Q4-2020 Quarterly Dividend

MONTREAL, Nov. 26, 2020 (GLOBE NEWSWIRE) — Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Corporation) is pleased to announce the declaration of a dividend payment of CA $0.015 per common share which will be payable on January 5th, 2021, to shareholders of record as of the close of business on December 16, 2020. This dividend represents the 10th quarterly dividend payment made to shareholders.The Corporation’s quarterly dividend qualifies as an “eligible dividend” for Canadian income tax purposes.The payment and increase of dividends are at the discretion of the Board and will depend on the Corporation’s financial results, cash requirements, prospects and other factors deemed relevant by the Board.ABOUT DYNACORDynacor is a dividend-paying gold production corporation headquartered in Montreal, Canada. The corporation is engaged...

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Steel Reef Announces Reallocation of Capital to Support Continuing Growth

CALGARY, Alberta, Nov. 25, 2020 (GLOBE NEWSWIRE) — Steel Reef Infrastructure Corp. (“Steel Reef” or the “Company”) today announced its Board of Directors (“Board”) has determined to discontinue the Company’s dividend and reallocate free cash flow toward profitable investments that will contribute to long-term value for shareholders.Throughout the COVID-19 pandemic, Steel Reef has maintained a strong base business and expanded its portfolio of potential growth opportunities despite challenging energy market conditions. The Company’s new capital allocation approach enhances Steel Reef’s ability to capitalize on potential investments as industry activity resumes. Steel Reef has approximately doubled in size over the past year and since inception has deployed approximately $950 million in capital to high-quality natural gas gathering,...

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Dividend 15 Split Corp. Successful Preferred Share Offering

TORONTO, Nov. 24, 2020 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. (the “Company”) is pleased to announce it has completed the overnight offering of 1,000,000 Preferred Shares of the Company. Total gross proceeds of the offering were $10.1 million, bringing the Company’s net assets to approximately $894.6 million.The offering was led by National Bank Financial Inc.The sales period of the overnight offering has now ended.The offering is expected to close on or about November 30, 2020 and is subject to certain closing conditions including approval by the TSX.The Preferred Shares were offered at a price of $10.10 per Preferred Share to yield 5.45%.The closing price on the TSX of the Preferred Shares on November 23, 2020 was $10.22.The net proceeds of the offering will be used by the Company to invest in an actively managed, high quality...

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Dividend 15 Split Corp. Announces Preferred Share Offering

TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. (the “Company”) is pleased to announce it will undertake an offering of Preferred Shares of the Company.The offering will be led by National Bank Financial Inc.The Preferred Shares will be offered at a price of $10.10 per Preferred Share to yield 5.45%.The closing price on the TSX of the Preferred Shares on November 20, 2020 was $10.19.Since inception of the Company, 200 consecutive dividends have been declared for the Preferred Shares. The aggregate dividends paid on the Preferred Shares have been $8.80 per share. All distributions to date have been made in tax advantage eligible Canadian dividends.The net proceeds of the offering will be used by the Company to invest in an actively managed, high quality portfolio consisting of 15 dividend yielding Canadian companies...

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TEN Ltd Reports Profits for the Nine Months and Third Quarter Ended September 30, 2020 and Announces Common Stock Dividend of $0.125 Per Share

130% increase of operating income y-o-yFull-year common stock dividend totals $0.50 per shareNew acquisitions to add a minimum of $200 million in TCE revenuesHigh utilization levels despite global pandemicTEN’s crew health and safety remains a priorityATHENS, Greece, Nov. 23, 2020 (GLOBE NEWSWIRE) — TEN, Ltd (TEN) (NYSE: TNP) (the “Company”) today reported results (unaudited) for the quarter and nine months ended September 30, 2020.NINE MONTHS 2020 SUMMARY RESULTSTEN generated a net income of $70.6 million in the nine months ended September 30, 2020, before second-quarter 2020 reported non-cash charges of $16.5 million, compared to $2.0 million for the same nine-month period in 2019.Gross revenues amounted to $512.5 million, a $90.4 million, or 21.4%, increase over the 2019 equivalent nine-month period, despite three vessels undergoing...

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Life & Banc Split Corp. Declares Class A Share Distribution

TORONTO, Nov. 20, 2020 (GLOBE NEWSWIRE) — (TSX: LBS) Life & Banc Split Corp. (“LBS”) is pleased to announce a distribution payable on December 14, 2020 to class A shareholders of record at the close of business on November 30, 2020 in the amount of $0.10 per class A share.   This distribution for the class A shares of LBS is being announced for November as the net asset value per unit of LBS as at November 19, 2020 (after taking into account the payment of the Class A distribution) was greater than $15.00. In accordance with the articles of incorporation for LBS, cash distributions may be paid on the class A shares, if after payment of the distribution, the net asset value per unit would be greater than $15.00. Each month, LBS reviews whether the net asset value per unit meets this requirement in order to determine if a class...

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AGF Announces Estimated Annual Reinvested Capital Gains Distributions for AGF ETFs

TORONTO, Nov. 20, 2020 (GLOBE NEWSWIRE) — AGF Investments Inc. (AGF) today announced the estimated annual 2020 reinvested distributions for the AGF ETFs listed on the Toronto Stock Exchange or NEO Exchange. These estimated annual reinvested distributions generally represent realized capital gains within the AGF ETFs and will not be paid in cash, but will be reinvested and reported as taxable.The annual reinvested distributions will be paid in the form of a notional distribution. A notional distribution is when the units from a reinvested distribution are immediately consolidated with the units held prior to the distribution. The number of units held after the distribution is therefore identical to the number of units held before the distribution. The unitholder’s adjusted cost base for the respective AGF ETF may increase.Further...

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AGF annonce les distributions annuelles estimées réinvesties de gains en capital pour les FNB AGF

TORONTO, 20 nov. 2020 (GLOBE NEWSWIRE) — Placements AGF Inc. (AGF) a annoncé aujourd’hui les distributions annuelles estimées réinvesties de 2020, pour les FNB AGF inscrits à la Bourse de Toronto ou à la NEO Bourse. Ces distributions annuelles estimées réinvesties représentent généralement les gains en capital réalisés dans le cadre des FNB AGF. Elles ne seront pas versées en espèces, mais plutôt réinvesties et déclarées à titre de gains imposables.Les distributions annuelles réinvesties seront versées en tant que distributions théoriques. De telles distributions sont produites quand les parts associées aux distributions réinvesties sont immédiatement consolidées avec les parts qui étaient détenues avant la distribution. Le nombre de parts détenues après la distribution est ainsi identique au nombre de parts détenues auparavant....

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Ebix Declares 7.5 Cent Quarterly Dividend, Payable December 15, 2020, to Shareholders of Record December 1, 2020

JOHNS CREEK, Ga., Nov. 20, 2020 (GLOBE NEWSWIRE) — Ebix, Inc., (NASDAQ: EBIX) a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that its Board of Directors has declared a regular quarterly dividend of 7.5 cents per common share. The dividend is payable December 15, 2020 to shareholders of record at the close of business on December 1, 2020.About Ebix, Inc.With 50+ offices across 6 continents, Ebix, Inc., (NASDAQ: EBIX) endeavors to provide On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries. In the Insurance sector, Ebix’s main focus is to develop and deploy a wide variety of insurance and reinsurance exchanges on an on-demand basis, while also, providing Software-as-a-Service...

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Surrey Bancorp Announces Fourth Quarter Cash Dividend of $0.105 per Common Share

MOUNT AIRY, N.C., Nov. 19, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Surrey Bancorp (“the Company”, Pink Sheets: SRYB) has declared a quarterly cash dividend of 10.5 cents ($0.105) per share on the Company’s common stock. The cash dividend is payable on January 8, 2021, to shareholders of record as of the close of business on December 18, 2020. Ted Ashby, President/CEO of Surrey Bancorp, stated the dividend was based on the Company’s current operating results, its strong financial condition and a commitment to delivering shareholder value.Surrey Bancorp is the bank holding company for Surrey Bank & Trust (the “Bank”) and is located at 145 North Renfro Street, Mount Airy, North Carolina. The Bank operates full service branch offices at 145 North Renfro Street, 1280 West Pine Street and 2050 Rockford Street in Mount Airy....

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