Core Viewpoint - Argent Trust Company declared a cash distribution of $0.051902 per unit for the Permian Basin Royalty Trust, with a decrease in distribution due to lower proceeds from Waddell Ranch properties and reduced gas volumes and oil prices from Texas Royalty Properties [1][2]. Distribution Details - The cash distribution is payable on September 16, 2024, to unit holders of record on August 30, 2024 [1]. - The distribution includes proceeds of $1,508,873 from July 2024 but does not include current month proceeds from Waddell Ranch properties [1][3]. Waddell Ranch Properties - Blackbeard Operating, LLC has not provided necessary information for calculating net profits interest (NPI) proceeds for July 2024, affecting the distribution [3]. - Proceeds received after the announcement date will be included in the August distribution instead [3]. Texas Royalty Properties - Production for Texas Royalty Properties was 16,295 barrels of oil and 5,722 Mcf of gas, with the Trust's allocated portion being 14,513 barrels of oil and 5,101 Mcf of gas [4]. - Average prices were $77.62 per barrel for oil and $11.27 per Mcf for gas, leading to revenues of $1,329,226 after deducting taxes and expenses [4]. Financial Summary - General and Administrative Expenses for the month were $217,800, resulting in a total distribution of $2,419,132 to 46,608,796 units outstanding [7]. - The distribution per unit is $0.051902, reflecting the impact of worldwide market conditions on domestic production pricing [7]. Legal Matters - The Trustee has initiated a lawsuit against Blackbeard Operating, seeking to recover over $15 million in damages due to alleged improper deductions from royalty payments [8][9]. - The lawsuit is currently in the discovery phase, with a preliminary trial date set for April 21, 2025 [8].

Core Viewpoint - Marine Petroleum Trust declared a quarterly cash distribution of $0.094886 per unit, which is an increase from the previous quarter but lower than the same quarter in 2023 [1][2]. Distribution Details - The distribution of $0.094886 per unit is higher than the $0.055961 per unit distributed last quarter [2]. - This distribution is lower than the $0.121831 per unit distributed in the comparable quarter in 2023 [2]. - The distribution is payable on September 30, 2024, to unitholders of record on August 30, 2024 [1]. Production and Pricing Insights - Volumes of both oil and natural gas produced have increased compared to the last quarter [2]. - The volume of oil produced decreased this year compared to the same quarter in 2023, while natural gas production increased [2]. - Prices realized for both oil and natural gas have increased compared to the same quarter in 2023 [2]. Royalty Information - Marine's distributions to unitholders are determined by royalties received up to the date the distribution amount is declared [3]. - Generally, royalties are received two months after oil production and three months after natural gas production [3].

DALLAS, Aug. 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 $0.055175 per unit, payable on September 16, 2024, to unitholders of record on August 30, 2024. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions. | --- | --- | --- | --- | --- | |---------------------- ...

DALLAS, Aug. 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 August 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 $91,000 for the payment of Trust expenses. To the extent net profits income is received in future months, the Trustee anti ...

CHICAGO, Aug. 16, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced its Board of Directors has declared a regular quarterly cash dividend of 26.5 cents per share. This dividend is payable on September 16, 2024 to shareholders of record on September 6, 2024. Subject to Board approval each quarter, the full year's cash dividend will amount to $1.06 per share compared to 98 cents per share paid in 2023, an 8.2% increase. 2024 marks the 43rd consecutive year that Old Repu ...

Operational Highlights - Sigma Lithium achieved operational efficiency comparable to larger seasoned producers, with sales volumes of 52,572 tonnes of Quintuple Zero High Purity Lithium Concentrate ("5.0 Green Lithium") in 2Q24 [1] - The company expects total production of 60,000 tonnes of 5.0 Green Lithium in 3Q24 [1] - Sigma maintained a 10% price premium relative to peer lithium producers year to date [1] - The company diversified its commercial relationships by engaging with new South Korean and Japanese industrial and battery manufacturing companies [1][13] - Sigma celebrated a year of shipments at Grota do Cirilo, achieving a high operational employee safety index, ranking second globally [9] Financial Highlights - Revenues from lithium concentrate sales in 2Q24 totaled $54.4 million, with reported revenue of $45.9 million [2][16] - The company achieved a 22% reduction in unit cash costs year to date, with cash costs averaging $364 per tonne [2][18] - Adjusted cash EBITDA margins improved to 29%, up from 16% in 1Q24 [2][19] - Cash balances as of August 14 were $99 million, reflecting a comfortable liquidity position [2] - Net income for the quarter was -$10.8 million, impacted by non-operating currency-related adjustments [21] Production and Cost Efficiency - Lithium concentrate production in 2Q24 totaled 49,389 tonnes, with expectations for increased production in 3Q24 [12][8] - The company implemented operational improvements at the Greentech Plant, which are expected to enhance efficiency and reduce unit costs further [11][19] - Cash unit operating costs for lithium concentrate averaged $364 per tonne in 2Q24, with FOB costs averaging $424 per tonne [18][17] Expansion Plans - Sigma Lithium announced a Final Investment Decision for the Phase 2 Greentech Plant expansion, expected to add 250,000 tonnes of production capacity [22][28] - The total expected capital expenditure for the Phase 2 construction is $100 million, with all relevant environmental licenses secured [23][22] Balance Sheet and Liquidity - The company ended the second quarter with $75.3 million in cash and cash equivalents, with a sequential decline attributed to timing of cash receivables [24] - As of the filing date, the cash balance had returned to $99 million, with $219 million in short-term loans and export prepayment liabilities [24]

PARSIPPANY, N.J., Aug. 15, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts, Inc. (NYSE: WH) announced today its Board of Directors declared a quarterly cash dividend of $0.38 per share on its common stock, payable September 27, 2024 to shareholders of record as of September 13, 2024. About Wyndham Hotels & Resorts Wyndham Hotels & Resorts (NYSE: WH) is the world's largest hotel franchising company by the number of properties, with approximately 9,200 hotels across over 95 countries on six continents. Through ...

ROCHELLE PARK, N.J., Aug. 15, 2024 /PRNewswire/ -- Sapiens International Corporation N.V. (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that its board of directors has approved the distribution of a cash dividend of $0.29 per share, or $16.2 million in total, based on 2024 first half results. The dividend is in line with the company's policy of distributing on a semi-annual basis up to 40% of its annual non-GAAP net income and will b ...

Core Viewpoint - J & J Snack Foods Corp. has declared a quarterly cash dividend of $0.78 per share, marking a 6% increase from the previous dividend of $0.735 per share [1]. Company Overview - J & J Snack Foods Corp. is a leader in the snack food industry, offering a range of innovative and affordable branded snack foods and beverages to foodservice and retail outlets [3]. - The company's principal products include SUPERPRETZEL, ICEE, SLUSH PUPPIE, DIPPIN' DOTS, LUIGI'S Real Italian Ice, MINUTE MAID frozen ices, WHOLE FRUIT sorbet, HOLA! CHURROS, and funnel cakes from THE FUNNEL CAKE FACTORY, along with several bakery brands [3].

HOUSTON, Aug. 7, 2024 /PRNewswire/ -- Service Corporation International (NYSE: SCI), the largest provider of deathcare products and services in North America, today announced that its Board of Directors has approved a quarterly cash dividend of thirty cents per share of common stock. The quarterly cash dividend announced today is payable on September 30, 2024 to shareholders of record at the close of business on September 13, 2024. While the Company intends to pay regular quarterly cash dividends for the fo ...