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XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.085 per Share
CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”)1 has declared its regular monthly distribution of $0.085 per share on the Trust’s common shares (NYSE: XFLT), payable on March 1, 2024, to common shareholders of record as of February 15, 2024, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.085 per share. The following dates apply to the declaration: Ex-Dividend Date Februa
DISCO to Announce Fourth Quarter and Fiscal Year 2023 Financial Results On February 22, 2024
AUSTIN, Texas--(BUSINESS WIRE)--CS Disco, Inc. (“DISCO”) (NYSE: LAW), a leader in AI-enabled legal technology, today announced that it will report its financial results for the fourth quarter and fiscal year ended December 31, 2023 after market close on Thursday, February 22, 2024. The financial results and business highlights will be discussed on a conference call and webcast scheduled at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on Thursday, February 22, 2024. The conference call can be
Reinsurance Group of America Reports Fourth Quarter and Full Year Results
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global provider of life and health reinsurance, reported fourth quarter net income available to RGA shareholders of $158 million, or $2.37 per diluted share, compared with $291 million, or $4.30 per diluted share, in the prior-year quarter. Adjusted operating income* for the fourth quarter totaled $316 million, or $4.73 per diluted share, compared with $312 million, or $4.60 per diluted share, the year
Evans Bancorp Reports Net Income of $24.5 Million in 2023
WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (NYSE American: EVBN) Reports Net Income of $24.5 Million in 2023
Ladder Capital Corp to Report Fourth Quarter and Year Ended 2023 Results
NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (NYSE: LADR) (“we,” “Ladder,” or the “Company”) will release its fourth quarter and full year 2023 results on Thursday, February 8, 2024 before the open of markets that day. The Company will host a conference call and webcast for investors at 10:00 a.m. Eastern Time that day to discuss the financial results. The conference call can be accessed by dialing (877) 407-4018 domestic or (201) 689-8471 international. Individuals who dial in will be asked
The Hartford Announces Outstanding Fourth Quarter And Full Year 2023 Financial Results
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford (NYSE: HIG) today announced financial results for the fourth quarter and year ended Dec. 31, 2023. “Fourth quarter and full year 2023 results were simply outstanding, demonstrating the effectiveness of our strategy, and our ability to consistently execute,” said The Hartford’s Chairman and CEO Christopher Swift. “Our 2023 core earnings ROE of 15.8 percent reflects exceptional underwriting in Commercial Lines, record core earnings from Group Benefit
Nuveen Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare for and sustain their retirement income needs. For further information regarding fund distributions, including earnings, undistributed net investment income, and notices, please visit www.nuveen.com/cef. The Nuveen Variable Rate Preferred & Income Fund (NYSE: NPFD) has announced a distribution ra
PennyMac Mortgage Investment Trust Reports Fourth Quarter and Full-Year 2023 Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $42.5 million, or $0.44 per common share on a diluted basis for the fourth quarter of 2023, on net investment income of $84.8 million. PMT previously announced a cash dividend for the fourth quarter of 2023 of $0.40 per common share of beneficial interest, which was declared on December 6, 2023, and paid on January 26, 2024, to common shareho
Klaviyo to Announce Financial Results for the Fourth Quarter and Fiscal Year 2023 on February 27, 2024
BOSTON--(BUSINESS WIRE)--Klaviyo, Inc. (NYSE: KVYO), the company that powers smarter digital relationships, plans to announce its financial results for the fourth quarter and fiscal year 2023 after market close on Tuesday, February 27, 2024. Klaviyo will host a live audio webcast at 4:30pm ET (1:30pm PT) on Tuesday, February 27, 2024 to discuss the results. The news release with the financial results and a link to the webcast will both be accessible on Klaviyo’s investor relations website (http
PennyMac Financial Services, Inc. Reports Fourth Quarter and Full-Year 2023 Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today reported a net loss of $36.8 million for the fourth quarter of 2023, or $(0.74) per share on a diluted basis, on revenue of $361.9 million. Book value per share decreased to $70.52 from $71.56 at September 30, 2023. PFSI’s Board of Directors declared a fourth quarter cash dividend of $0.20 per share, payable on February 23, 2024, to common stockholders of record as of February 13, 2024. Fourth Quarte
Angel Oak Mortgage REIT, Inc. Announces Dividend Distribution Tax Information for 2023
ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, today announced tax information regarding its dividend distributions for 2023. During 2023, the Company distributed dividends totaling $1.28 per share of common stock (CUSIP 03464Y108). The table below provides information on the exp
Houlihan Lokey Reports Third Quarter Fiscal 2024 Financial Results
LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Houlihan Lokey, Inc. (NYSE:HLI) (“Houlihan Lokey” or the “Company”) today reported financial results for its third quarter ended December 31, 2023. For the third quarter ended December 31, 2023, revenues were $511 million, compared with $456 million for the third quarter ended December 31, 2022. Net income was $71 million, or $1.04 per diluted share, for the third quarter ended December 31, 2023, compared with $63 million, or $0.90 per diluted share, for
American Equity Declares 1st Quarter 2024 Preferred Stock Dividend
WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Investment Life Holding Company (NYSE: AEL), today announced that in accordance with the terms of its 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A (the “Series A Preferred Stock”), which is represented by depositary shares, each representing a 1/1,000th interest in a share of Series A Preferred Stock (the “Series A Depositary Shares”), the Board of Directors has declared a cash dividend of $371.8750000 per share of Serie
Elmer Bancorp, Inc. Announces Special Cash Dividend
ELMER, N.J.--(BUSINESS WIRE)--ELMER BANCORP, INC. (“Elmer Bancorp” or the “Company”) (OTC Pink: ELMA), parent company of The First National Bank of Elmer (the “Bank”), announced that the Board of Directors declared a special one-time cash dividend on February 1, 2024 in the amount of $0.10 per common share, payable on March 1, 2024 to shareholders of record as of the close of business on February 15, 2024. Brian W. Jones, President and CEO of the Company stated, “In recognition of our record ea
Dynex Capital, Inc. Announces 2023 Dividend Tax Information
GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (“Dynex” or the “Company”) (NYSE: DX) today announced the tax treatment of common stock and preferred stock dividends declared in 2023. Dividend Tax Information We are providing the information below to assist shareholders with their tax reporting requirements relating to the dividend distributions by Dynex. Shareholders should review the 2023 tax statements and/or Forms 1099 that they receive from their brokerage firms to ensure that the di
Ease Capital Provides $32 Million in Bridge Financing for the Acquisition and Renovation of a 318-Unit Garden-Style Multifamily Property in Virginia Beach, VA
NEW YORK--(BUSINESS WIRE)--Ease Capital (“Ease”) has provided Community Investment Group (“CIG”) with $32 million in acquisition financing for the purchase and renovation of Dove Landing Apartments, a 318-unit garden-style multifamily complex located in Virginia Beach, VA. Ease Capital’s Barclay Lynch, Head of Loan Originations, originated and structured the three-year, full-term interest-only, non-recourse debt. Patrick McGlohn and Brian Gould of Berkadia DC Metro mortgage banking represented
NNPA Salutes U.S. Federal Communications Commission (FCC) for Enhancing Opportunity for Black Owned and Other Minority Owned FM Broadcasters through Geotargeting
WASHINGTON--(BUSINESS WIRE)--The National Newspaper Publishers Association (NNPA), representing the Black Press of America and 250 Black owned media companies throughout the United States of America, resolutely joins with the U.S. Black Chamber of Commerce (USBC) to salute and thank the U.S. Federal Communications Commission (FCC) for moving forward in the authorization process for FM Broadcasters’ geotargeting. Ron Busby, the President and CEO of USBC, stated, “This is a needed boost for the b
E*TRADE from Morgan Stanley Releases Monthly Sector Rotation Study
NEW YORK--(BUSINESS WIRE)--E*TRADE from Morgan Stanley today released the data from its monthly sector rotation study, based on the E*TRADE customer notional net percentage buy/sell behavior for stocks that comprise the S&P 500 sectors. About E*TRADE from Morgan Stanley and Important Notices E*TRADE from Morgan Stanley provides financial services to retail customers. Securities products and services offered by E*TRADE Securities LLC, Member SIPC. Investment advisory services offered by E*TR
Kemper Reports Fourth Quarter 2023 Operating Results*
CHICAGO--(BUSINESS WIRE)--Kemper Corporation (NYSE: KMPR) reported net income of $51.4 million, or $0.80 per diluted share, for the fourth quarter of 2023, compared to a net loss of $53.3 million, or $(0.84) per share, for the fourth quarter of 2022. Adjusted Consolidated Net Operating Income1 was $50.5 million, or $0.78 per diluted share, for the fourth quarter of 2023, compared to Adjusted Consolidated Net Operating Loss1,2 of $23.5 million, or $(0.36) per share, for the fourth quarter of 202
Orchid Island Capital Announces Fourth Quarter 2023 Results
VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (NYSE:ORC) ("Orchid” or the "Company"), a real estate investment trust ("REIT"), today announced results of operations for the three and twelve month periods ended December 31, 2023. Fourth Quarter 2023 Results Net income of $27.1 million, or $0.52 per common share, which consists of: Net interest expense of $(2.8) million, or $(0.05) per common share Total expenses of $4.1 million, or $0.08 per common share Net realized and unreali