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Black Hills Corp. Reports First Quarter 2020 Results and Revises Guidance

Black Hills continues to safely and reliably deliver energy for customers during COVID-19 pandemic challengesMinimal financial impacts from COVID-19 in the first quarterStrong liquidity to fund operations and capital planRAPID CITY, S.D., May 04, 2020 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today announced financial results for the first quarter of 2020. Net income and Net income, as adjusted (non-GAAP) for the first quarter of 2020 compared to the first quarter of 2019 were:* A schedule for the GAAP to non-GAAP adjustment reconciliation is provided below.Weather reduced gross margin by $12.2 million, or $0.15 per share net of tax, when compared to the first quarter of 2019. GAAP results were impacted by a non-cash, pre-tax $6.9 million impairment of an investment in a privately held oil and gas company related to the divestiture...

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PetMed Express, Inc. d/b/a 1-800-PetMeds Announces Its Fourth Quarter and Fiscal Year End Financial Results and Increases Its Quarterly Dividend to $0.28 per Share

15% Increase in 4thQuarter Sales8.4% Increase in 4thQuarter Diluted Earnings per Share5% Increase in 4th Quarter New Order SalesDELRAY BEACH, Fla., May 04, 2020 (GLOBE NEWSWIRE) — PetMed Express, Inc. (NASDAQ: PETS) today announced its financial results for its fourth quarter and fiscal year ended March 31, 2020. Net sales for the quarter ended March 31, 2020 were $74.3 million, compared to $64.6 million for the quarter ended March 31, 2019, an increase of 15%. Net income for the quarter ended March 31, 2020 was $7.0 million, or $0.35 diluted per share, compared to net income of $6.6 million, or $0.32 diluted per share, for the same quarter the prior year, an increase to diluted earnings per share of 8.4%. Reorder sales for the three months ended March 31, 2020 were $65.2 million, compared to $55.9 million for the three months ended...

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Guggenheim Investments Announces May 2020 Closed-End Fund Distributions

NEW YORK, May 01, 2020 (GLOBE NEWSWIRE) — Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).1 A portion of this distribution is estimated to be a return of capital, which is also known as a “non-dividend distribution” and occurs when some or all of the shareholder’s investment is paid back to the shareholder, rather than income. Final determination of the character of distributions will be made at year-end. The Section 19(a) notice referenced below provides more information and can be found at www.guggenheiminvestments.com.Past performance is not indicative of future performance. As of this announcement, the sources of each Fund distribution are estimates....

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Clarus Implements Quarterly Stock Dividend

SALT LAKE CITY, May 01, 2020 (GLOBE NEWSWIRE) — Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a company focused on the outdoor and consumer industries, announced that in light of the COVID-19 pandemic, its board of directors has temporarily replaced its quarterly cash dividend with a stock dividend.Each Clarus stockholder of record will be entitled to receive 0.00234 of a share of Clarus common stock for each share of Clarus stock held on May 11, 2020, the record date. Clarus will distribute the stock dividend on May 22, 2020, the distribution date. No fractional shares will be issued, and stockholders will receive cash for such fractional interests based on the closing market price of Clarus common stock on the record date.The quarterly stock dividend will have a value of $0.025 per share, based on the closing...

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LeMaitre Vascular Announces Q1 2020 Financial Results

BURLINGTON, Mass., April 30, 2020 (GLOBE NEWSWIRE) — LeMaitre Vascular, Inc. (Nasdaq:LMAT), a provider of vascular devices, implants and services, today reported Q1 2020 results and announced a $0.095/share quarterly dividend.Q1 2020 ResultsRecord sales of $30.6mm, +7% (-1% organic) vs. Q1 2019Operating income of $4.4mm, -2%Net income of $3.2mm, -10%Earnings of $0.16 per diluted share, -11%EBITDA of $5.7mm, +1%March 31, 2020 cash & equivalents of $30.6mmThe Company posted record sales in the Americas (+12%) and Europe/Middle East/Africa (+3%), offset by Asia/Pac (-11%). Sales growth was led by biologic patches, allografts and valvulotomes, and was aided by the two 2019 acquisitions.  Gross margin decreased to 67.0% in Q1 2020 (vs. 68.3% in Q1 2019) primarily due to manufacturing inefficiencies and increased allograft sales.Operating...

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Exponent Declares Regular Quarterly Dividend

MENLO PARK, Calif., April 30, 2020 (GLOBE NEWSWIRE) — Exponent, Inc. (Nasdaq:EXPO) today announced that its Board of Directors has declared a quarterly cash dividend of $0.19 per share of common stock to be paid on June 26, 2020 to all common stockholders of record as of June 12, 2020. Exponent has paid, and expects to continue to pay, quarterly dividends each year in March, June, September and December. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to the final determination of Exponent’s Board of Directors.“In February our Board of Directors increased our cash dividend for the 7th consecutive year. Today we declared a quarterly cash dividend payment and reiterated our intent to continue paying dividends. We are committed to delivering value to our shareholders...

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Federal Home Loan Bank of Atlanta Declares a 5.53% Dividend for First Quarter 2020

ATLANTA, April 30, 2020 (GLOBE NEWSWIRE) — The Board of Directors of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today approved a first quarter 2020 cash dividend at an annualized rate of 5.53 percent.“The Federal Home Loan Bank of Atlanta continues to fulfill its role of providing liquidity to its members through all economic cycles, including the current COVID-19 pandemic,” said FHLBank Atlanta Chair of the Board of Directors, Rick Whaley. “We are committed to maintaining a financially strong cooperative for our members and we are pleased to be able to return value to them through this first quarter dividend.”The dividend rate is 4.00 percentage points over the daily average three-month LIBOR yield for the first quarter of 2020, and 4.30 percentage points over the daily average Secured Overnight Financing Rate, also...

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FT Portfolios Canada Co. Announces Additional Reinvested Distributions for First Trust AlphaDEX™ U.S. Consumer Staples Sector Index ETF

TORONTO, April 30, 2020 (GLOBE NEWSWIRE) — FT Portfolios Canada Co. today announced reinvested capital distributions for the units of First Trust AlphaDEX™ U.S. Consumer Staples Sector Index ETF (the “First Trust ETF”) (TSX: FHC). The record date and payment date for the reinvested distribution is April 30, 2020. These distributions are payable in units which are immediately consolidated so that there is no change in the number of units outstanding. Details for the per unit distribution is as follows:The distribution arises as a result of the deemed tax year-end for the First Trust ETF occurring as of April 30, 2020 because the First Trust ETF has become and will be treated as a “financial institution” under the Income Tax Act (Canada). As a result of the deemed tax year-end, the First Trust ETF gains or losses on certain securities...

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Brunswick Corporation Declares Quarterly Dividend

METTAWA, Ill., April 30, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Brunswick Corporation (NYSE: BC) today declared a quarterly dividend on its common stock of $0.24 per share. The dividend will be payable on June 12, 2020, to shareholders of record at the close of business on May 19, 2020.“Our ability to pay a dividend to our shareholders in this uncertain time is a testament to our strong financial and liquidity position and is consistent with our policy objectives of sustaining our dividend throughout an economic cycle,” said Dave Foulkes, Brunswick Chief Executive Officer.About BrunswickHeadquartered in Mettawa, Ill., Brunswick Corporation’s leading consumer brands include Mercury Marine outboard engines; Mercury MerCruiser sterndrive and inboard packages; Mercury global parts and accessories including propellers and...

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Sandy Spring Bancorp Declares Quarterly Dividend

OLNEY, Md., April 30, 2020 (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 $0.30 per share payable on May 20, 2020 to shareholders of record on May 13, 2020. This dividend is consistent with the previous linked quarter and the second quarter of 2019.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 55 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, Rembert...

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