Latest news with #GDV
Yahoo
23-05-2025
- Business
- Yahoo
Brompton Funds Declare Distributions
TORONTO, May 23, 2025 (GLOBE NEWSWIRE) -- (TSX: DGS, GDV, LBS, LCS, PWI, SBC) – Brompton Funds announces distributions payable on June 13, 2025 to class A shareholders of record at the close of business on May 30, 2025 for each of the following funds: Ticker Amount Per Share Dividend Growth Split Corp. ('DGS') DGS $ 0.10 Global Dividend Growth Split Corp. ('GDV') GDV $ 0.10 Life & Banc Split Corp. ('LBS') LBS $ 0.10 Brompton Lifeco Split Corp. ('LCS') LCS $ 0.075 Sustainable Power & Infrastructure Split Corp. ('PWI') PWI $ 0.085 Brompton Split Banc Corp. ('SBC') SBC $ 0.10 Brompton Funds announces distributions payable on June 13, 2025 to preferred shareholders of record at the close of business on May 30, 2025 for the following fund: Ticker Amount Per Share Dividend Growth Split Corp. $ 0.16875 The funds noted above offer distribution reinvestment plans ('DRIP') for class A shareholders which provide class A shareholders with the ability to automatically reinvest distributions, commission free, and realize the benefits of compound growth. Class A shareholders can enroll in a DRIP program by contacting their investment advisor. About Brompton FundsFounded in 2000, Brompton is an experienced investment fund manager with income and growth focused investment solutions including exchange-traded funds (ETFs) and other Toronto Stock Exchange ('TSX') traded investment funds. For further information, please contact your investment advisor, call Brompton's investor relations line at 416-642-6000 (toll-free at 1-866-642-6001), email info@ or visit our website at You will usually pay brokerage fees to your dealer if you purchase or sell units or shares of the investment funds on the TSX or other alternative Canadian trading system (an 'exchange'). If the units or shares are purchased or sold on an exchange, investors may pay more than the current net asset value when buying units of the investment fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units or shares of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about a fund in the public filings available at Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Certain statements contained in this document constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this document and to other matters identified in public filings relating to the funds, to the future outlook of the funds and anticipated events or results and may include statements regarding the future financial performance of the funds. In some cases, forward-looking information can be identified by terms such as 'may', 'will', 'should', 'expect', 'plan', 'anticipate', 'believe', 'intend', 'estimate', 'predict', 'potential', 'continue' or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.
Al Bawaba
08-04-2025
- Business
- Al Bawaba
Rak Properties Appoints Arqaam Securities As Liquidity Provider
RAK Properties PJSC (ADX: RAKPROP), Ras Al Khaimah's leading publicly listed property developer, today announced the appointment of Arqaam Securities LLC as the Liquidity Provider for its shares on the Abu Dhabi Securities Exchange (ADX). Arqaam Securities, a regional financial institution regulated by the UAE Securities and Commodities Authority (SCA), will actively manage liquidity for RAK Properties' shares by maintaining two-way quotes within a structured mandate, in addition to initiating research coverage on the Company. The agreement is designed to optimize price discovery and narrow bid-ask spreads, ensuring efficient trading. Arqaam Securities' ownership in RAK Properties will not exceed 5% of total listed shares, in full compliance with ADX and SCA regulations. The appointment, approved by RAK Properties' Board of Directors, is a strategic step to enhance market depth and accessibility for institutional and retail investors. With foreign ownership permitted up to 49%, RAK Properties remains committed to fostering an active and liquid trading environment. Sameh Muhtadi, Chief Executive Officer, RAK Properties, commented: "Ensuring robust market liquidity is central to our commitment to delivering long-term shareholder value. Partnering with Arqaam Securities, a recognized leader in liquidity provision, aligns with our efforts to enhance trading efficiency and market accessibility for investors. As increasing numbers of institutional and retail investors look not only to the Emirate of Ras Al Khaimah, but also its major listed entities, it is crucial that we engage with partners who can support our ambitious growth targets. ' Veselin Tilev, Head of Market Making at Arqaam Securities, stated: "We appreciate the trust placed in us by RAK Properties and look forward to leveraging our expertise to enhance liquidity and optimize market dynamics on ADX. Our dedicated market-making services are designed to support active and efficient trading, reinforcing investor engagement with RAK Properties' shares." RAK Properties has set out a clear plan for ambitious growth in 2025. In January it unveiled its masterplan for Mina, the Company's flagship destination, for which it has a AED 5 billion GDV pipeline to be launched this year. The first two projects within this launch plan, Mirasol and SKAI have been launched to great success in Q1. Alongside this, RAK Properties announced its partnership with Four Seasons to bring a beachfront luxury resort and branded residences to Mina.
