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McDONALD'S RAISES QUARTERLY CASH DIVIDEND BY 6%
Prnewswire· 2024-09-25 22:30
CHICAGO, Sept. 25, 2024 /PRNewswire/ -- Today, McDonald's Board of Directors declared a quarterly cash dividend of $1.77 per share of common stock payable on December 16, 2024 to shareholders of record at the close of business on December 2, 2024. The 6% increase over the Company's previous quarterly dividend reflects continued confidence in the Accelerating the Arches growth strategy and our ability to drive long-term profitable growth for all stakeholders. McDonald's has a strong history of returning capi ...
PERMIAN BASIN ROYALTY TRUST ANNOUNCES SEPTEMBER CASH DISTRIBUTION
Prnewswire· 2024-09-20 15:38
DALLAS, Sept. 20, 2024 /PRNewswire/ -- Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust") today declared a cash distribution to the holders of its units of beneficial interest of $0.050711 per unit, payable on October 15, 2024, to unit holders of record on September 30, 2024. The distribution does not include proceeds from the Waddell Ranch properties for the current month but does include the proceeds from August in the amount of $934,450. More inform ...
CROSS TIMBERS ROYALTY TRUST DECLARES SEPTEMBER CASH DISTRIBUTION
Prnewswire· 2024-09-20 12:00
DALLAS, Sept. 20, 2024 /PRNewswire/ -- Argent Trust Company, as Trustee of the Cross Timbers Royalty Trust (the "Trust") (NYSE: CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.102230 per unit, payable on October 15, 2024, to unitholders of record on September 30, 2024. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions. | --- | --- | --- | --- | --- | |-------------------- ...
HUGOTON ROYALTY TRUST DECLARES NO SEPTEMBER CASH DISTRIBUTION
Prnewswire· 2024-09-20 12:00
DALLAS, Sept. 20, 2024 /PRNewswire/ -- Argent Trust Company, as Trustee of the Hugoton Royalty Trust (the "Trust") (OTCQB: HGTXU) announced today there would not be a cash distribution to the holders of its units of beneficial interest for September 2024 due to the excess cost positions on all three of the Trust's conveyances of net profits interests. The Trust's cash reserve was reduced by $42,000 for the payment of Trust expenses. To the extent net profits income is received in future months, the Trustee ...
Best Value Stocks to Buy for September 16th
ZACKS· 2024-09-16 13:41
Here are three stocks with buy rank and strong value characteristics for investors to consider today, September 16th: Sirius XM (SIRI) : This radio broadcasting company which creates and broadcasts a variety of content such as commercial-free music, premier sports and live events, news and comedy and exclusive talk and entertainment shows, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.7% over the last 60 days. Sirius XM has a p ...
PETROBRAS ANNOUNCES CLOSING OF OFFERING OF U.S. DOLLAR-DENOMINATED GLOBAL NOTES AND FINAL RESULTS AND SETTLEMENT OF CASH TENDER OFFERS
Prnewswire· 2024-09-16 11:00
RIO DE JANEIRO, Sept. 16, 2024 /PRNewswire/ -- Petróleo Brasileiro S.A. – Petrobras ("Petrobras") (NYSE: PBR) today announced (i) the settlement of the international capital markets offering of US$1.0 billion 6.000% Global Notes due 2035 (the "New Notes and such offering, the "New Notes Offering"), issued by its whollyowned subsidiary, Petrobras Global Finance B.V. ("PGF") and (ii) the final results and settlement of the previously announced cash tender offers by PGF, with respect to any and all of PGF's ou ...
Pathward Financial: A Profitable Bank Priced For A Collapse In Profitability
Seeking Alpha· 2024-09-11 16:43
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PETROBRAS ANNOUNCES EXPIRATION AND EXPIRATION DATE RESULTS OF CASH TENDER OFFERS
Prnewswire· 2024-09-10 11:35
RIO DE JANEIRO, Sept. 10, 2024 /PRNewswire/ -- Petróleo Brasileiro S.A. – Petrobras ("Petrobras") (NYSE: PBR) today announced the expiration and expiration date results of the previously announced cash tender offers (each, an "Offer" and collectively, the "Offers") by its wholly-owned subsidiary, Petrobras Global Finance B.V. ("PGF"), with respect to any and all of its notes of the series set forth in the table below (the "Notes" and such offers, the "Offers"). The following table sets forth certain informa ...
SQUARESPACE AND PERMIRA AMEND MERGER AGREEMENT TO INCREASE OFFER PRICE TO $46.50 PER SHARE IN CASH
Prnewswire· 2024-09-09 11:15
Core Viewpoint - Squarespace, Inc. has amended its agreement with Permira, increasing the purchase price to $46.50 per share, representing a total transaction value of approximately $7.2 billion, which reflects a 36% premium over the 90-day volume weighted average trading price prior to the announcement [1][2]. Transaction Details - The revised offer price is a 5.7% increase from the previously agreed price of $44.00 per share and represents a premium of 36.4% over Squarespace's 90-day volume weighted average trading price of $34.09 [2]. - The transaction is structured as a tender offer, requiring a majority of shares held by unaffiliated stockholders to tender into the offer [3]. - The amended terms have been unanimously approved by an independent special committee of Squarespace's Board of Directors [1][3]. Statements from Leadership - The Chairman of the Special Committee expressed satisfaction with the revised terms, emphasizing the focus on maximizing value and certainty for unaffiliated stockholders [4]. - A partner at Permira highlighted the importance of the unanimous approval from Squarespace's Board and the opportunity for stockholders to capture immediate value through the tender offer [4]. Future Implications - Upon completion of the merger, Squarespace's common stock will no longer be publicly listed, transitioning the company to a privately-held entity [5]. - A Recommendation Statement will be issued within nine business days, and a previously scheduled special meeting of stockholders has been canceled [6]. Advisory Information - J.P. Morgan is acting as the financial advisor to Squarespace, while Goldman Sachs & Co LLC is advising Permira [7][8].
SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR SEPTEMBER 2024
Prnewswire· 2024-09-06 13:00
Distribution Announcement - Argent Trust Company declared a cash distribution of $0.421310 per unit for the Sabine Royalty Trust, payable on September 30, 2024, to unit holders of record on September 16, 2024 [1] Production and Revenue Details - The distribution reflects oil production for June 2024 and gas production for May 2024, with preliminary production volumes of approximately 64,743 barrels of oil and 1,359,603 Mcf of gas [2] - The average prices for the current month are approximately $78.14 per barrel of oil and $1.52 per Mcf of gas [2] Comparison with Previous Month - The current month's distribution is lower than the previous month due to a decrease in oil production, despite an increase in the prices of both oil and natural gas, and an increase in natural gas production [3] - Current month production and prices compared to the prior month: - Oil: 64,743 bbls (current) vs. 76,461 bbls (prior) - Gas: 1,359,603 Mcf (current) vs. 1,346,957 Mcf (prior) - Oil price: $78.14 per bbl (current) vs. $77.48 per bbl (prior) - Gas price: $1.52 per Mcf (current) vs. $1.20 per Mcf (prior) [3] Revenue Posting Timing - Revenues are distributed after being received, verified, and posted, with most energy companies issuing royalty payments around the 25th of each month [4] - Approximately $89,000 of revenue received in August will be posted in September, in addition to normal cash receipts for that month [5] - As of the press release, approximately $302,000 in revenue has been received since the close of business in August [5]