Cash Dividend
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Exchange Bank Declares Fourth Quarter Cash Dividend
Businesswire· 2025-11-24 19:20
Core Points - The Exchange Bank Board of Directors declared a quarterly cash dividend of $1.30 per share on common stock outstanding [1] - The dividend is for shareholders of record at the close of business on November 28, 2025, and will be paid on December 12, 2025 [1] - Approximately 50.44%, or about $1.12 million, of the Bank's cash dividend will be allocated to the Doyle Trust, which funds the Doyle Scholarships at the Santa Rosa Junior College [1]
Key information relating to the cash dividend to be paid by NORBIT ASA
Globenewswire· 2025-11-13 06:05
Group 1 - The board of directors of NORBIT ASA has approved an extraordinary cash dividend of NOK 3.00 per share for the fiscal year 2024 [1] - The dividend payment is scheduled for on or about 26 November 2025, with the last day to include the right to the dividend being 17 November 2025 [1] - The record date for the dividend is set for 19 November 2025, and the ex-date is 18 November 2025 [1] Group 2 - NORBIT ASA is a global provider of tailored technology solutions, focusing on sustainability and innovation [2] - The company operates in three business segments: Oceans, Connectivity, and Product Innovation & Realization [2] - NORBIT is headquartered in Trondheim, employs around 650 people, and has manufacturing facilities in Europe and North America [2]
Somnigroup Announces Fourth Quarter Cash Dividend
Prnewswire· 2025-11-06 11:37
Core Points - Somnigroup International Inc. has declared a fourth quarter cash dividend of $0.15 per share, payable on December 4, 2025, to shareholders of record as of November 20, 2025 [1] - Somnigroup is recognized as the world's largest bedding company, operating in over 100 countries and offering well-known brands such as Tempur-Pedic®, Sealy®, and Stearns & Foster® [2] - The company emphasizes long-term value creation for shareholders through prudent capital allocation and a commitment to environmental and community responsibilities [3] Financial Performance - Somnigroup announced record financial results for the third quarter ended September 30, 2025, indicating strong performance and growth [4]
Equinor ASA: Key information relating to cash dividend for the third quarter 2025
Globenewswire· 2025-10-29 05:46
Group 1 - The cash dividend amount for Equinor for Q3 2025 is set at 0.37 USD per share [1] - The last day to include rights for the dividend is 13 February 2026 [1] - The ex-date for Oslo Børs is 16 February 2026, and for the New York Stock Exchange, it is 17 February 2026 [1] - The record date for the dividend is 17 February 2026 [1] - The payment date for the dividend is scheduled for 27 February 2026 [1] - The date of approval for the dividend is 28 October 2025 [1] - The cash dividend per share in NOK will be communicated on 23 February 2026 [1] Group 2 - The information is published in accordance with the Euronext Oslo Børs Continuing Obligations [2] - The disclosure is subject to the requirements of Section 5-12 in the Norwegian Securities Trading Act [2]
Woodlands Financial Services Company Announces Fourth Quarter Cash Dividend
Prnewswire· 2025-10-28 13:12
Core Points - Woodlands Financial Services Company declared a quarterly cash dividend of $0.29 per share on October 27, 2025, payable on November 28, 2025, to shareholders of record as of November 14, 2025 [1] - The company operates as a financial services holding company for Woodlands Bank and Woodlands Stock Corporation, providing commercial and consumer banking and trust services in Lycoming and Clinton Counties [1] Summary by Category Dividend Announcement - The Board of Directors declared a cash dividend of $0.29 per share [1] - The dividend is scheduled for payment on November 28, 2025 [1] - Shareholders must be on record by November 14, 2025, to receive the dividend [1] Company Overview - Woodlands Financial Services Company is a holding company for Woodlands Bank and Woodlands Stock Corporation [1] - The company provides various financial services, including commercial and consumer banking and trust services [1] - Services are primarily offered in Lycoming and Clinton Counties [1]
First Horizon Announces $1.2 Billion Share Repurchase Program, Declares Cash Dividends on Common and Preferred Stock
Prnewswire· 2025-10-27 21:45
Core Points - First Horizon Corporation has authorized a new common stock repurchase program worth $1.2 billion, replacing the previous program which had approximately $180 million remaining [1][2] - The board declared a quarterly cash dividend of $0.15 per share on common stock, payable on January 2, 2026, to shareholders of record by December 12, 2025 [2] - The company reported total assets of $83.2 billion as of September 30, 2025, indicating a strong capital position [8] Stock Repurchase Program - The new repurchase program will be effective from October 27, 2025, and will expire on January 31, 2027 [1] - The execution of share repurchases may occur in the open market or through privately negotiated transactions, with the timing and amount at the discretion of senior management [3] Dividend Information - Cash dividends were declared for various preferred stocks, including: - Series C: $165.00 per share, payable on February 2, 2026 [4] - Series E: $1,625.00 per share, payable on January 12, 2026 [5] - Series F: $1,175.00 per share, payable on January 12, 2026 [6] - First Horizon Bank Class A: $13.15736 per share, payable on January 12, 2026 [7] Company Overview - First Horizon Corporation is a leading regional financial services company headquartered in Memphis, TN, operating in 12 states primarily in the southern U.S. [8][9] - The company offers a wide range of services including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking [9]
Silicon Motion Announces Annual Cash Dividend Payable Quarterly
Globenewswire· 2025-10-27 12:00
Core Viewpoint - Silicon Motion Technology Corporation has announced an annual cash dividend of $2.00 per ADS, reflecting confidence in its business recovery and commitment to returning cash to shareholders [1][3]. Dividend Declaration - The Board of Directors has declared an annual dividend of $2.00 per ADS, to be paid in four quarterly installments of $0.50 per ADS [2]. - The anticipated record and payment dates for the dividend are as follows: - November 14, 2025 (Payment on November 26, 2025) - February 11, 2026 (Payment on February 26, 2026) - May 7, 2026 (Payment on May 21, 2026) - August 6, 2026 (Payment on August 20, 2026) [2]. Business Performance - The company reports a rebound in business and normalization of margins due to an improved outlook in the memory industry [3]. - The company emphasizes the importance of distributing a significant portion of its strong cash flow to shareholders as a priority [3]. Dividend Payment Conditions - Future cash dividends are subject to the Board's determination that such payments are in the best interests of shareholders and comply with applicable laws and agreements [4]. - The payment of dividends will be made according to the anticipated record and payment dates unless changed by the Board [4]. Company Overview - Silicon Motion is a global leader in supplying NAND flash controllers for solid-state storage devices, with a strong market presence in SSD controllers for servers, PCs, and other client devices [6]. - The company is the leading merchant supplier of eMMC and UFS embedded storage controllers used in smartphones and IoT devices, serving major NAND flash vendors and OEMs [6].
First American Financial Corporation Increases Quarterly Cash Dividend to 55 Cents Per Share
Businesswire· 2025-09-10 20:15
Core Viewpoint - First American Financial Corporation has declared a quarterly cash dividend of 55 cents per common share, reflecting a 2 percent increase from the previous dividend of 54 cents per common share, indicating confidence in the company's business prospects [1]. Company Summary - The company is a leading provider of title, settlement, and risk solutions for real estate transactions [1]. - It is recognized as a leader in the digital transformation of the real estate industry [1].
X @Bloomberg
Bloomberg· 2025-08-11 15:48
Airplane-parts maker TransDigm launched a $4 billion debt offering on Monday to fund a roughly $4.3 billion special cash dividend to shareholders https://t.co/qhUtPtzErd ...
Universal Insurance Holdings(UVE) - 2025 Q2 - Earnings Call Transcript
2025-07-25 15:00
Financial Data and Key Metrics Changes - The company reported an adjusted return on common equity of 29.4% for the quarter, indicating strong performance [4] - Adjusted diluted earnings per common share increased to $1.23 from $1.18 in the prior year quarter, primarily due to higher direct premiums earned, net investment income, and commission revenue [4][5] - Core revenue reached $400.9 million, up 5.7% year over year, driven by higher net premiums earned and net investment income [5] - Direct premiums written were $596.7 million, a 3.2% increase from the prior year quarter, with significant growth in other states [5] - The net combined ratio was 97.8%, up 1.9 points from the prior year quarter, reflecting higher net loss and expense ratios [6] Business Line Data and Key Metrics Changes - Direct premiums earned were $523.4 million, up 6.7% from the prior year quarter, reflecting growth in direct premiums written [6] - Net premiums earned increased to $360.2 million, a 4.4% rise year over year, primarily due to higher direct premiums earned [6] - The net loss ratio was 72.3%, up 1.7 points compared to the prior year quarter, mainly due to a higher ceded premium ratio [7] - The net expense ratio was 25.5%, up 0.2 points from the prior year quarter, driven by higher ceded premium ratio and policy acquisition costs [7] Market Data and Key Metrics Changes - The company experienced a 25.4% growth in direct premiums written in states outside Florida, while Florida saw a 2.5% decrease [5] - The competitive environment in Florida has seen an increase in competitors, but the company does not perceive it as significantly more competitive than previous quarters [14] Company Strategy and Development Direction - The company is optimistic about favorable underwriting trends in the Florida market and has opened additional territories in the state [4][14] - The management emphasizes a focus on profitability rather than competition, leveraging 25 years of experience in Florida [14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism regarding the Florida market's improvement and the company's strategic positioning [4] - The company noted that the cost of the new reinsurance program is not significantly different from previous periods, indicating stability in the market [20] Other Important Information - The company repurchased approximately 287,000 shares at a cost of $7.4 million, with $15.2 million remaining in the share repurchase authorization program [8] - A quarterly cash dividend of $0.16 per common share was declared, payable on August 8, 2025 [8] Q&A Session Summary Question: Can you provide details on the reinsurance ceding change? - Management explained that the comparison involves different reinsurance programs, with changes in structure affecting costs [10][11] Question: What is the company's perspective on capital and share buybacks? - Management stated that they will continue to purchase shares when they believe they are undervalued [12] Question: Is the market more competitive than before? - Management indicated that while there are more competitors, they do not see a significant increase in competition across Florida [14] Question: Was there any net prior year development or claims handling benefits in the quarter? - Management confirmed that there were negligible prior year developments [18][19] Question: Can you discuss the cost of the new reinsurance program? - Management noted that the cost is not significantly different from previous periods, which is a positive sign for the Florida marketplace [20]