Latest news with #DRIP
Toronto Star
2 days ago
- Business
- Toronto Star
Altus Group Announces Q3 2025 Dividend Payment
TORONTO, Aug. 08, 2025 (GLOBE NEWSWIRE) — Altus Group Limited (ʺAltus Group' or 'the Company') (TSX: AIF), a leading provider of commercial real estate ('CRE') intelligence, announced today that its Board of Directors approved the payment of a cash dividend of $0.15 per common share for the third quarter ending September 30, 2025. Payment will be made on October 15, 2025 to common shareholders of record as at September 30, 2025. Altus Group's Dividend Reinvestment Plan ('DRIP') permits eligible shareholders to direct their cash dividends to be reinvested in additional common shares of the Company. For shareholders who wish to reinvest their dividends under the DRIP, Altus Group intends to issue common shares from treasury at a price equal to 96% of the weighted average closing price of the shares for the five trading days preceding the dividend payment date. Full details of the DRIP program are available on the Company's website.
Globe and Mail
2 days ago
- Business
- Globe and Mail
Banc of California, Inc. Announces Quarterly Dividends
Banc of California, Inc. (the 'Company') (NYSE: BANC) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share on its outstanding common stock. The dividend will be payable October 1, 2025, to stockholders of record as of September 15, 2025. The Board of Directors also declared a quarterly cash dividend of $0.4845 per depositary share on its 7.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series F. The dividend will be payable September 1, 2025, to stockholders of record as of August 21, 2025. The Series F depositary shares are traded on the New York Stock Exchange under the 'Banc/PF' symbol. The Company maintains a Dividend Reinvestment Plan (DRIP) which allows common stockholders to automatically acquire common shares at a 3% discount from the applicable market price. All registered common stockholders with holdings maintained at the Company's transfer agent, Computershare, are eligible to participate in the DRIP program. For more information on the Company's DRIP program, please contact Investor Relations at IR@ or (855) 361-2262. About Banc of California, Inc. Banc of California, Inc. (NYSE: BANC) is a bank holding company with over $34 billion in assets and the parent company of Banc of California. Banc of California is one of the nation's premier relationship-based business banks, providing banking and treasury management services to small-, middle-market, and venture-backed businesses. Banc of California is the largest independent bank headquartered in Los Angeles and the third largest bank headquartered in California and offers a broad range of loan and deposit products and services through 80 full-service branches located throughout California and in Denver, Colorado, and Durham, North Carolina, as well as through regional offices nationwide. The bank also provides full-stack payment processing solutions through its subsidiary, Deepstack Technologies, and serves the Community Association Management industry nationwide with its technology-forward platform, SmartStreet™. The bank is committed to its local communities through the Banc of California Charitable Foundation, and by supporting organizations that provide financial literacy and job training, small business support, affordable housing, and more. Member FDIC. For more information, please visit us at
Business Wire
2 days ago
- Business
- Business Wire
Horizon Technology Finance Announces Monthly Distributions for October, November and December 2025 Totaling $0.33 per Share
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) ('Horizon') (the 'Company'), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital and private equity-backed companies and publicly traded companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that its board of directors has declared monthly cash distributions of $0.11 per share, payable in each of October, November and December 2025. The following tables show these distributions, payable as set forth in the tables below, total $0.33 per share. Since its 2010 initial public offering, Horizon has paid a total of $326 million in distributions to its shareholders. Monthly Distributions Declared in Third Quarter 2025 When declaring distributions, Horizon's board of directors reviews estimates of taxable income available for distribution, which may differ from consolidated net income under generally accepted accounting principles due to (i) changes in unrealized appreciation and depreciation, (ii) temporary and permanent differences in income and expense recognition, and (iii) the amount of spillover income carried over from a given year for distribution in the following year. The final determination of taxable income for each tax year, as well as the tax attributes for distributions in such tax year, will be made after the close of the tax year. Horizon maintains a 'Dividend Reinvestment Plan' ('DRIP') that provides for the reinvestment of distributions on behalf of its stockholders, unless a stockholder has elected to receive distributions in cash. As a result, if Horizon declares a distribution, its stockholders who have not 'opted out' of the DRIP by the distribution record date will have their distribution automatically reinvested into additional shares of Horizon's common stock. Horizon has the option to satisfy the share requirements of the DRIP through the issuance of new shares of common stock or through open market purchases of common stock by the DRIP plan administrator. Newly-issued shares will be valued based upon the final closing price of Horizon's common stock on a specified valuation date for each distribution as determined by Horizon's board of directors. Shares purchased in the open market to satisfy the DRIP requirements will be valued based upon the average price of the applicable shares purchased by the DRIP plan administrator, before any associated brokerage or other costs, which are borne by Horizon. About Horizon Technology Finance Horizon Technology Finance Corporation (NASDAQ: HRZN), externally managed by Horizon Technology Finance Management LLC, an affiliate of Monroe Capital, is a leading specialty finance company that provides capital in the form of secured loans to venture capital and private equity-backed companies and publicly traded companies in the technology, life science, healthcare information and services, and sustainability industries. The investment objective of Horizon is to maximize its investment portfolio's return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. Horizon is headquartered in Farmington, Connecticut, with a regional office in Pleasanton, California, and investment professionals located throughout the U.S. Monroe Capital is a premier asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, opportunistic, structured credit, real estate and equity. To learn more, please visit Forward-Looking Statements Statements included herein may constitute 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Horizon's filings with the Securities and Exchange Commission. Horizon undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
Globe and Mail
4 days ago
- Business
- Globe and Mail
iA Financial Corporation Inc. Announces 10% Increase in the Dividend on Its Common Shares
The Board of Directors of iA Financial Corporation Inc. (TSX: IAG) announced today an increase of $0.09 in the dividend per outstanding common share for the quarter ended June 30, 2025, raising it to $0.9900. This dividend will be payable on September 15, 2025 to all common shareholders of record at the close of business on August 22, 2025. iA Financial Corporation Inc. reminds common shareholders who wish to enrol in iA Financial Corporation Inc.'s Dividend Reinvestment and Share Purchase Plan ('DRIP') that they must do so no later than 4:00 pm on August 15, 2025 in order to reinvest the next dividend. To enrol, go to the company's website at under About iA, in the Investor Relations/Dividends section. Please note that the common shares issued under the DRIP will be purchased on the secondary market and that no discount will apply. For the purposes of the Income Tax Act (Canada) and any corresponding provincial or territorial tax legislation, all dividends paid by iA Financial Corporation Inc. on its common shares are eligible dividends. About iA Financial Group iA Financial Group is one of the largest insurance and wealth management groups in Canada, with operations in the United States. Founded in 1892, it is an important Canadian public company and is listed on the Toronto Stock Exchange under the ticker symbol IAG (common shares).
National Post
4 days ago
- Business
- National Post
iA Financial Corporation Inc. Announces 10% Increase in the Dividend on Its Common Shares
Article content QUEBEC CITY — The Board of Directors of iA Financial Corporation Inc. (TSX: IAG) announced today an increase of $0.09 in the dividend per outstanding common share for the quarter ended June 30, 2025, raising it to $0.9900. This dividend will be payable on September 15, 2025 to all common shareholders of record at the close of business on August 22, 2025. Article content iA Financial Corporation Inc. reminds common shareholders who wish to enrol in iA Financial Corporation Inc.'s Dividend Reinvestment and Share Purchase Plan ('DRIP') that they must do so no later than 4:00 pm on August 15, 2025 in order to reinvest the next dividend. To enrol, go to the company's website at under About iA, in the Investor Relations/Dividends section. Please note that the common shares issued under the DRIP will be purchased on the secondary market and that no discount will apply. Article content Article content For the purposes of the Income Tax Act (Canada) and any corresponding provincial or territorial tax legislation, all dividends paid by iA Financial Corporation Inc. on its common shares are eligible dividends. Article content About iA Financial Group Article content iA Financial Group is one of the largest insurance and wealth management groups in Canada, with operations in the United States. Founded in 1892, it is an important Canadian public company and is listed on the Toronto Stock Exchange under the ticker symbol IAG (common shares). Article content Article content Article content Article content Contacts Article content Information:
