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Diversified Royalty Corp. Announces Additions to the Mr. Lube + Tires Royalty Pool, May 2025 Cash Dividend and Q1 2025 Earnings Release Date
Globenewswire· 2025-05-01 21:00
Core Viewpoint - Diversified Royalty Corp. has adjusted the Mr. Lube + Tires royalty pool to include six new flagship locations, bringing the total to 149 locations, while removing one permanently closed location [1] Company Performance - Mr. Lube + Tires is experiencing strong same-store sales growth across its franchise system, indicating a positive outlook for continued growth [2] - The performance of franchisees in 2024 has been commendable, with a focus on brand growth and enhancing store-level economics [3] Royalty Pool Adjustments - The Mr. Lube + Tires Royalty Pool is adjusted annually on May 1 to include new locations opened since July 1 of the previous year and to remove permanently closed locations [4] - The initial consideration for the additional royalty revenue from the new locations was $4.0 million, which is 80% of the total estimated consideration of $5.0 million, paid in the form of common shares [5] - The remaining consideration for the new locations will be paid on May 1, 2026, adjusted based on actual system sales for the year ending December 31, 2025 [6] Previous Adjustments - On May 1, 2023, the royalty pool was adjusted to include five new locations, with an initial consideration of $4.7 million, which was also 80% of the total estimated consideration [7] - The actual system sales for the 2023 True-Up Locations were determined to be $10.1 million, leading to a total consideration of $7.1 million, with a remaining cash payment of $2.4 million made on May 1, 2025 [8] Dividend Announcement - The board of directors has approved a cash dividend of $0.02083 per common share for May 2025, equating to an annualized rate of $0.25 per share, to be paid on May 30, 2025 [10] Company Overview - Diversified Royalty Corp. is focused on acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America, aiming to generate predictable and growing royalty streams [12][14]
Pool Corporation Announces an Increase in Its Share Repurchase Program, Growth of Its Quarterly Cash Dividend and 2025 Annual Meeting of Stockholders Voting Results
Globenewswire· 2025-04-30 20:05
COVINGTON, La., April 30, 2025 (GLOBE NEWSWIRE) -- Pool Corporation (Nasdaq/GSM:POOL) announced today that its Board of Directors (the Board) has authorized an increase in the company’s share repurchase program to $600.0 million. As of April 29, 2025, this adds $309.2 million to the $290.8 million remaining under its existing share repurchase program for the purchase of the company’s common stock in the open market at prevailing market prices. The share repurchase program will continue until otherwise modif ...
Lerøy Seafood Group ASA: Key information relating to the cash dividend to be paid by Lerøy Seafood Group ASA
Globenewswire· 2025-04-30 19:40
Dividend amount: 2.5 per shareDeclared currency: NOKLast day including right: 27 May 2025Ex-date: 28 May 2025Record date: 30 May 2025Payment date: 5 June 2025Date of approval: 27 May 2025 This information is published in accordance with the requirements of the Oslo Børs Rule Book II section 4.2.5.2 (1). ...
泸州老窖:2024年净利润同比增长1.71% 拟每10股派发现金红利45.92元
news flash· 2025-04-27 07:52
泸州老窖(000568.SZ)发布2024年年度报告, 营业收入达到311.96亿元,同比增长3.19%, 净利润为 134.73亿元,同比增长1.71%。公司计划每10股派发现金红利45.92元(含税)。如本预案获得股东大会 审议通过,公司2024年度累计现金 分红总额为87.58亿元(含税),占2024年度归属于上市公司股东净 利润的比例约为65.00%。公司积极践行"战略坚定、数字创新、高效协同、全面攻坚"的营销主题,市场 规模得到巩固拓展,销售业绩实现稳健增长,发展韧性和实力进一步凸显。 ...