Latest news with #DividendReinvestmentPlan
Toronto Star
08-08-2025
- 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.
Business Wire
07-08-2025
- 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.
Miami Herald
01-08-2025
- Business
- Miami Herald
Gladstone Alternative Income Fund Announces Increase in Monthly Cash Distribution for August 2025
MCLEAN, VA / ACCESS Newswire / August 1, 2025 / Gladstone Alternative Income Fund ("Gladstone Alternative" or the "Fund") announced today that its board of trustees declared monthly cash distributions to shareholders for the month of August, increasing the daily dividend rate by approximately 7.9%, in comparison to the July daily dividend rate. The August distribution amount is $0.00192 per calendar day for each issued and outstanding Class A share, Class C share, and Class I share for the period beginning August 1, 2025 and ending August 31, 2025 (for shareholders who own shares all 31 days in August, the distribution will total $0.05952 per share). The distributions will be paid on August 29, 2025 for Dividend Reinvestment Plan ("DRIP") participants and September 1, 2025 for non-DRIP participants. John Sateri, President of Gladstone Alternative, noted, "We are pleased to announce the sixth consecutive monthly dividend for Gladstone Alternative, continuing our commitment to delivering consistent income to our investors. We look forward to continuing to create long-term value in the months and years ahead by generating sustainable returns for our shareholders while providing them access to a diversified portfolio of private credit and equity investments." About Gladstone Alternative Income Fund Gladstone Alternative Income Fund is a non-diversified, unlisted, closed-end management investment company registered under the Investment Company Act of 1940 and is operating as an interval fund. The Fund seeks to achieve and grow current income by investing primarily in directly originated loans to lower and middle market private businesses in the United States, broadly syndicated loans and commercial real estate loans. Investors are advised to carefully consider the investment objectives, risks and charges, and expenses of Gladstone Alternative Income Fund before investing. The prospectus, dated July 29, 2025, which has been filed with the U.S. Securities and Exchange Commission, and as supplemented from time to time, contains this and other information about the Fund and should be read carefully before investing. You may get these documents for free by visiting the Fund's website at or by visiting EDGAR on the SEC's website at To obtain a copy of the prospectus, you may also contact Gladstone Securities, LLC, the dealer manager and distributor for this offering, which will arrange to send you the prospectus if you request it by calling toll-free at (833) 849-5993. For further information, please visit our website at SOURCE: Gladstone Alternative Income Fund
The Sun
30-07-2025
- Business
- The Sun
Focus Point approves bonus issue & dividend reinvestment
MALAYSIA's leading optical retail chain, Focus Point Holdings Berhad, has secured overwhelming shareholder support for two major initiatives designed to reward investors and enhance share liquidity. The company's Extraordinary General Meeting (EGM) held on July 29, 2025, approved both a substantial 1-for-3 bonus issue and the establishment of a comprehensive Dividend Reinvestment Plan (DRP). Major Share Expansion Through Bonus Issue The approved bonus issue represents a significant expansion of Focus Point's share capital, with up to 153,999,680 new ordinary shares set to be issued. Current shareholders will receive one bonus share for every three existing shares held, potentially increasing the company's total issued shares from 461,999,041 to an impressive 615,998,721 shares. This strategic move is expected to enhance trading liquidity and make Focus Point shares more accessible to a broader range of investors. The entitlement date will be announced following receipt of all necessary regulatory approvals, including conditional approval from Bursa Securities. Flexible Dividend Reinvestment Options Complementing the bonus issue, Focus Point's new Dividend Reinvestment Plan offers shareholders unprecedented flexibility in managing their returns. Under this program, investors can choose to reinvest their cash dividends—in whole or in part—into new shares rather than receiving cash payments. The plan covers all types of dividends, including interim, final, special, and other cash distributions. Importantly, the Board retains discretion over which dividends qualify for reinvestment, ensuring the company maintains financial flexibility while offering valuable options to shareholders. Leadership Confidence in Strategic Direction Datuk Liaw Choon Liang, President & Chief Executive Officer of Focus Point, expressed enthusiasm about the initiatives: 'These initiatives reflect our commitment to rewarding shareholders while supporting Focus Point's long-term growth. With the bonus issue enhancing liquidity and broadening investor reach, and the DRP offering a convenient reinvestment option, both initiatives are expected to support the Group's growth trajectory while delivering added value to shareholders.' Strong Foundation for Continued Growth Established in 1989, Focus Point has evolved from a single optical store into Malaysia's premier eyewear and vision care provider. The company operates an extensive network across Malaysia and the region, offering comprehensive optical brands and services through its retail chain and ExcelView Laser Eye Centre. Beyond its core optical business, Focus Point has successfully diversified into food and beverage ventures, including the Japanese-concept Komugi bakery launched in 2012 and the HAP&PI frozen yogurt brand introduced in 2024. The company's multi-faceted approach to business development, combined with these shareholder-focused initiatives, positions Focus Point Holdings as an attractive investment opportunity in Malaysia's retail and consumer services sector. Both initiatives are subject to conditional approval from Bursa Securities and other relevant authorities. UOB Kay Hian (M) Sdn Bhd serves as the Principal Adviser for these corporate exercises.
Business Wire
15-07-2025
- Business
- Business Wire
Kinetik Announces Quarterly Dividend and Financial Results Timing
HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) (' Kinetik ' or the ' Company ') has declared a cash dividend of $0.78 per share, or $3.12 per share on an annualized basis. The announced quarterly dividend will be paid on Friday, August 1, 2025 to shareholders of record as of market close on Friday, July 25, 2025. Kinetik will host its second quarter 2025 results conference call on Thursday, August 7, 2025 at 8:00 am Central Daylight Time (9:00 am Eastern Daylight Time) to discuss second quarter results. The Company will issue its earnings release after market close on Wednesday, August 6, 2025. The text of the earnings release, the accompanying presentation and link to the live webcast will be available on the Company's website at A replay of the conference call will also be available on the website following the call. Kinetik previously implemented a Dividend Reinvestment Plan (the ' DRIP ' or the ' Plan ') open to all shareholders. A complete description of the Plan is included in the Company's Form S-3 registration statement filed with the SEC on July 12, 2024 and is posted on the Company's website at To participate, shareholders of record may register online by visiting the Broadridge website at or by contacting Broadridge Corporate Issuers, LLC, the Plan Administrator, by telephone toll free from inside the United States at 1-(877)-830-4936 or outside of the United States at 1-(720)-378-5591. Shareholders may also contact the Plan Administrator in writing at Broadridge Shareholder Services, Broadridge Corporate Issuer Solutions, LLC, PO Box 1342, Brentwood, NY 11717-0718. Please include a reference to Kinetik Holdings Inc. in all correspondence. Shareholders who own common stock through a broker should consult their broker regarding participation in the Plan. About Kinetik Holdings Inc. Kinetik is a fully integrated, pure-play, Permian-to-Gulf Coast midstream C-corporation operating in the Delaware Basin. Kinetik is headquartered in Houston and Midland, Texas. Kinetik provides comprehensive gathering, transportation, compression, processing and treating services for companies that produce natural gas, natural gas liquids, crude oil and water. Kinetik posts announcements, operational updates, investor information and press releases on its website,
