/EIN News/ -- HAMPTON, N.H., Jan. 30, 2019 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE:UTL) (www.unitil.com) today announced that its Board of Directors raised the quarterly dividend on the Company’s common stock to $0.37 per share, increasing the effective annualized dividend rate by $0.02 to $1.48 per share. The Board declared the first quarter common stock dividend of $0.37 per share, payable February 28, 2019, to shareholders of record on February 14, 2019. “We understand the importance of the dividend to our shareholders. Today we are pleased to report that once again we’ve increased our quarterly dividend rate. This reflects the continued confidence we have in our growth plan,” said Thomas P. Meissner, Jr., Unitil’s chairman, president, and chief executive officer. Unitil has an unbroken record of continuously paying quarterly cash dividends and has never decreased the dividend on its common stock. About Unitil Corporationwww.unitil.com. For … [Read more...] about Unitil Increases Common Stock Dividend
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Stifel Increases Share Repurchase Authorization, Declares Common Stock Dividend, and Preferred Stock Dividend
/EIN News/ -- ST. LOUIS, Nov. 13, 2018 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that its Board of Directors has increased the company’s share repurchase authorization to 10 million shares. The Board’s authorization does not have a fixed expiration date and shares may be repurchased through open market or privately negotiated transactions based on prevailing market conditions. In addition to the increased share repurchase authorization, the Board of Directors declared quarterly common and preferred stock dividends. The cash dividend on shares of its common stock of $0.12 per share is payable December 17, 2018, to shareholders of record at the close of business on December 3, 2018. The quarterly cash dividend on the outstanding shares of its 6.25% Non-Cumulative Perpetual Preferred Stock, Series A (the “Series A Preferred Stock”) is for the period from September 15, 2018 up to, but excluding December 15, 2018. … [Read more...] about Stifel Increases Share Repurchase Authorization, Declares Common Stock Dividend, and Preferred Stock Dividend
Codorus Valley Bancorp, Inc. Declares Quarterly Cash Dividend and 5 Percent Stock Dividend
YORK, Pa., Oct. 10, 2018 (GLOBE NEWSWIRE) -- On October 9, 2018, the Board of Directors of Codorus Valley Bancorp, Inc. (Nasdaq: CVLY), the parent company of PeoplesBank, A Codorus Valley Company, declared a regular quarterly cash dividend of $0.155 per common share, payable on November 13, 2018, to shareholders of record at the close of business on October 23, 2018. Including the dividend that was just declared, cash dividends for the year 2018 will total $0.62 per share, representing an increase of $0.10 or 20 percent as compared to 2017 cash dividends as adjusted for the 2017 stock dividend. Also on October 9, 2018, a 5 percent common stock dividend was declared, payable on December 11, 2018, to shareholders of record at the close of business on October 23, 2018. /EIN News/ -- With assets of approximately $1.8 billion, PeoplesBank, A Codorus Valley Company, is a wholly-owned subsidiary of Codorus Valley Bancorp, Inc., the largest independent financial … [Read more...] about Codorus Valley Bancorp, Inc. Declares Quarterly Cash Dividend and 5 Percent Stock Dividend
Jones Energy, Inc. Forgoes Convertible Preferred Stock Dividend and Grants an Inducement Award to New CEO
AUSTIN, Texas, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (NYSE: JONE) (“Jones Energy” or “the Company”) is announcing that it will forgo payment of its previously declared contingent dividend on its 8% Series A Perpetual Convertible Preferred Stock (the “Preferred Stock”). Also, per NYSE Rule 303A.08, Jones Energy is announcing the grant of a Restricted Stock Unit (“RSU”) award to Carl F. Giesler, Jr., the Company’s new Chief Executive Officer, as an inducement to his employment with the Company. Jones Energy modified the original award to facilitate broader structural adjustments to its compensation program. /EIN News/ -- Jones Energy Forgoes Convertible Preferred Stock Dividend The Company today announced that the previously declared contingent dividend payment on the Preferred Stock will not be paid. The foregone dividend is for the period beginning on the last payment date of May 15, 2018 through August 14, 2018, … [Read more...] about Jones Energy, Inc. Forgoes Convertible Preferred Stock Dividend and Grants an Inducement Award to New CEO
Arbor Realty Trust Reports Second Quarter 2018 Results and Declares Common Stock Dividend
Company Highlights: GAAP net income of $0.25 per diluted common share; AFFO of $0.29, or $0.31 per diluted common share excluding a one-time, non-cash expense from the early repayment of debt1 Raised $77.9 million of accretive capital through the issuance of common stock and unsecured senior notes Declares a cash dividend on common stock of $0.25 per shareAgency Business Segment income of $13.5 million Loan originations of $1.04 billion Servicing portfolio of $17.11 billion, up 3% from 1Q18Structured Business Segment income of $9.2 million Significant portfolio growth of 13% on $606.9 million of loan originations Closed a tenth collateralized securitization vehicle totaling $560.0 million with a four-year replenishment period /EIN News/ -- Recent Developments: Market cap surpasses $1 billion mark Issued $245.0 million of 5.25% convertible senior notes due in 2021 to exchange our 6.50% and 5.375% convertible senior notes Received … [Read more...] about Arbor Realty Trust Reports Second Quarter 2018 Results and Declares Common Stock Dividend