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Media Advisory: FHLB Dallas and First Federal Bank of Louisiana Award $100K Grant to Project Build a Future

Lastest from Businesswire - Thu, 03/20/2025 - 17:02
LAKE CHARLES, La.--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and First Federal Bank of Louisiana will award a $100,000 Heirs’ Property Program grant to Project Build a Future (PBAF) in a ceremonial check presentation on Thursday, March 27. The funds, which were awarded through FHLB Dallas member First Federal Bank of Louisiana, will be used for community experts to inform and educate the community about heirship issues. PBAF will work with Southwes

Ellington Credit Confirms April 1 Conversion Date

Lastest from Businesswire - Thu, 03/20/2025 - 17:02
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the “Company”) announced today it has obtained all necessary approvals from its Board of Trustees and shareholders to convert to a Delaware-registered closed-end fund, effective April 1, 2025 (the “Conversion”). Upon effectiveness of the Conversion, the Company intends to sell its remaining Agency MBS pools, acquire additional CLOs, and operate in compliance with the Investment Company Act of 1940. Laurence Penn, Chie

UDR, Inc. Named a 2025 Top Workplace by USA Today

Lastest from Businesswire - Thu, 03/20/2025 - 17:02
DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, announced today that it has earned the distinction of being a 2025 Top Workplace by USA Today and Energage. This follows UDR’s recognition as a 2024 Top Workplace in addition to winning Culture Excellence Awards in Employee Appreciation and Professional Development. Additional details about how UDR builds a great workplace culture are available on the Company’s page of the Top Wor

Alight Introduces Mid-Term Targets at Investor Day

Lastest from Businesswire - Thu, 03/20/2025 - 17:02
CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT or the “Company”), a leading cloud-based human capital and technology-enabled services provider, today hosted an investor day. During the event, Alight’s executives presented the Company’s strategy and issued mid-term financial targets. In addition, the Company hosted panels with Alight clients and third-party evaluators. Clients discussed how they work with the Company to care for the wellbeing of their employees to keep them financially secur

AvalonBay Communities, Inc. Named a USA Today Top Workplace 2025 Winner

Lastest from Businesswire - Thu, 03/20/2025 - 17:02
ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) has been named one of USA Today’s Top Workplaces for 2025. The Top Workplaces program has a 15-year history of surveying more than 20 million employees and recognizing the top organizations across 60 markets. Over 42,000 organizations were invited to participate in this year’s Top Workplaces survey, and winners were chosen based on associate feedback gathered through an employee engagement survey, issued by

Ameris Bancorp Announces Quarterly Dividend

Lastest from Businesswire - Thu, 03/20/2025 - 17:02
ATLANTA--(BUSINESS WIRE)--The board of directors of Ameris Bancorp (NYSE: ABCB) (the “Company”) has declared a dividend of $0.20 per share of the Company’s common stock, payable on April 7, 2025, to shareholders of record as of March 31, 2025. About Ameris Bancorp Ameris Bancorp is the parent of Ameris Bank, a state-chartered bank headquartered in Atlanta, Georgia. Ameris operates 164 financial centers across the Southeast and also serves consumer and business customers nationwide through selec

Chimera Declares First Quarter 2025 Common Stock Dividend

Lastest from Businesswire - Thu, 03/20/2025 - 17:02
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera Investment Corporation announced the declaration of its first quarter cash dividend of $0.37 per common share. The dividend is payable on April 30, 2025 to common stockholders of record on March 31, 2025. The ex-dividend date is March 31, 2025. About Chimera Investment Corporation Chimera is a publicly traded real estate investment trust, or REIT, that is primarily engaged in the business of investing for itself and for unrelated thir

Diversified Healthcare Trust Elects Alan Felder to Board of Trustees

Lastest from Businesswire - Thu, 03/20/2025 - 17:02
NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has elected Alan Felder to its Board of Trustees as an Independent Trustee, effective immediately. Alan Felder previously worked at UBS Investment Bank for over 20 years, where he most recently served as the Head of Real Estate, Lodging and Leisure, Americas. Mr. Felder previously held other roles at UBS, including Head of Private Financing Markets, Americas and a Managing Director in the Mergers

FVCBankcorp Announces Extension of Share Repurchase Program

Lastest from Businesswire - Thu, 03/20/2025 - 17:02
FAIRFAX, Va.--(BUSINESS WIRE)--FVCBankcorp, Inc. (Nasdaq: FVCB) (the “Company”) announced today that its Board of Directors has extended its share repurchase program that was initiated in 2020. Under the repurchase program, the Company may repurchase up to 1,300,000 shares of its common stock, or approximately 7% of its outstanding shares of common stock at December 31, 2024. The repurchase program will expire on March 31, 2026, subject to earlier termination of the program by the Board of Dire

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.075 Per Share for April

Lastest from Businesswire - Thu, 03/20/2025 - 17:02
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.075 per share payable on April 15, 2025, to shareholders of record as of April 1, 2025. The ex-dividend date is expected to be April 1, 2025. The monthly distribution information for the Fund appears below. First Trust Mortgage Income Fund (FMY): Distribution per share: $0.075 Distribution Rate based on the Ma

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for April

Lastest from Businesswire - Thu, 03/20/2025 - 17:02
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.097 per share payable on April 15, 2025, to shareholders of record as of April 1, 2025. The ex-dividend date is expected to be April 1, 2025. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT):               Distribution per sha

First Trust High Yield Opportunities 2027 Term Fund Declares its Monthly Common Share Distribution of $0.125 Per Share for April

Lastest from Businesswire - Thu, 03/20/2025 - 17:02
WHEATON, Ill.--(BUSINESS WIRE)--First Trust High Yield Opportunities 2027 Term Fund (the "Fund") (NYSE: FTHY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.125 per share payable on April 25, 2025, to shareholders of record as of April 1, 2025. The ex-dividend date is expected to be April 1, 2025. The monthly distribution information for the Fund appears below. First Trust High Yield Opportunities 2027 Term Fund (FTHY): Distribution per share:

Independent Bank Corp. Announces 4% Increase in Quarterly Dividend

Lastest from Businesswire - Thu, 03/20/2025 - 17:02
ROCKLAND, Mass.--(BUSINESS WIRE)--The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.59 per share dividend, representing a $0.02 increase from the prior quarter. The dividend will be payable on April 7, 2025, to stockholders of record as of the close of business on March 31, 2025. “We are pleased to announce a 4% increase in our annual dividend, reaffirming our commitment to generating long term, sustainab

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for April

Lastest from Businesswire - Thu, 03/20/2025 - 17:02
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1375 per share payable on April 15, 2025, to shareholders of record as of April 1, 2025. The ex-dividend date is expected to be April 1, 2025. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund (FPF):   Dis

First Trust Advisors L.P. Announces Distribution for FT Vest U.S. Equity Buffer & Premium Income ETF - March

Lastest from Businesswire - Thu, 03/20/2025 - 17:02
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the Monthly distribution for FT Vest U.S. Equity Buffer & Premium Income ETF - March, a series of First Trust Exchange-Traded Fund VIII. The following dates apply to today's distribution declaration: Expected Ex-Dividend Date: March 21, 2025 Record Date: March 21, 2025 Payable Date: March 24, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED

Generational Group Advises Integrity Traffic in Its Sale to AWP Safety a Portfolio Company of Kohlberg & Company

Lastest from Businesswire - Thu, 03/20/2025 - 17:02
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client, Integrity Traffic, a division of Integrity Corps, in its sale to AWP Safety. The acquisition closed December 17, 2024. Located in Sherwood, Oregon, Integrity Traffic, a division of Integrity Corps, offers comprehensive traffic control solutions, including planning, management, and equipment rentals, to ensure safety across pr

ELF INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces That e.l.f. Beauty, Inc. Investors With Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Lastest from Businesswire - Thu, 03/20/2025 - 17:02
NEW YORK--(BUSINESS WIRE)---- $ELF #ClassAction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against e.l.f. Beauty, Inc. (“Elf” or “the Company”) (NYSE: ELF) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Elf securities be

RC INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Ready Capital Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Lastest from Businesswire - Thu, 03/20/2025 - 17:02
NEW YORK--(BUSINESS WIRE)---- $RC #ClassAction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Ready Capital Corporation (“Ready Capital” or “the Company”) (NYSE: RC) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Re

Milliman analysis: Public pension plans maintain 81.1% funded ratio in February

Lastest from Businesswire - Thu, 03/20/2025 - 17:02
SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today released the latest results of its Public Pension Funding Index (PPFI), which analyzes data from the nation’s 100 largest public defined benefit plans. Estimated aggregate market returns in February of 0.3% left the Milliman 100 PPFI funded ratio at 81.1%, unchanged from January. Individual plans’ estimated returns ranged from -0.3% to 2.1% during the period, while the value of plan assets rose from

Rosen Law Firm Encourages Zenas BioPharma, Inc. Investors to Inquire About Securities Class Action Investigation – ZBIO

Lastest from Businesswire - Thu, 03/20/2025 - 17:02
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Zenas BioPharma, Inc. (NASDAQ: ZBIO) resulting from allegations that Zenas BioPharma may have issued materially misleading business information to the investing public. So What: If you purchased Zenas BioPharma securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingenc

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