Dividend payment

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PagBank reports net revenue of R$4.9 billion and recurring net income of R$554 million in 1Q25
Prnewswire· 2025-05-14 13:00
Core Insights - PagBank announced its first dividend payment of approximately R$250 million (USD 0.14 per common share) and plans to distribute dividends annually, corresponding to about 10% of its net income, subject to market conditions and board approval [1][9] Financial Performance - In 1Q25, PagBank reported net revenue of R$4.9 billion, a 13% year-over-year increase, and gross margin of R$1.9 billion, reflecting a 7% rise [2] - Recurring net income for the quarter was R$554 million, a 6% year-over-year increase, with earnings per share (EPS) reaching R$1.72, a 14% increase year-over-year [2][6] - The credit portfolio expanded to R$3.7 billion, marking a 34% increase compared to the same quarter last year and a 6% increase quarter-over-quarter [3] Customer Engagement and Market Position - PagBank has a customer base of over 32 million, with 17.7 million actively engaged in its ecosystem, emphasizing its strategy of providing a comprehensive financial services platform [4] - Total deposits reached R$33.9 billion, a 10.9% year-over-year rise, indicating effective fundraising in a high-interest-rate environment [7] Operational Efficiency - The company maintained a stable delinquency rate over 90 days at 2.3%, significantly lower than the market average of 4.4% [3] - The total payment volume processed reached R$129 billion, growing 16% year-over-year, with cash in reaching R$83 billion, up 26% year-over-year [7] Shareholder Value Initiatives - PagBank executed a second share buyback program totaling over R$353 million, reflecting management's confidence in its growth strategy [8] - The gross margin increased from 38% to 39% quarter-over-quarter, and return on equity (ROE) reached 15% on an annualized basis, a 140 basis points increase year-over-year [6]
Diversified Energy Announces First Quarter Dividend
Globenewswire· 2025-05-12 06:00
Core Points - Diversified Energy Company PLC has declared an interim dividend of 29 cents per share for the first quarter of 2025, covering the period ended March 31, 2025 [1] - Key dates for the dividend include a record date of August 29, 2025, and a payment date of September 30, 2025 [1] - Shareholders have the option to receive the dividend in U.S. dollars or sterling, with a deadline for currency election set for September 5, 2025 [1][2] Company Overview - Diversified Energy Company PLC is a publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement [3] - The company employs a differentiated strategy by acquiring existing long-life assets and investing in them to enhance environmental and operational performance [3] - Recognized for sustainability leadership, Diversified aims to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value [3]
Shareholders’ Meetings of 9 May 2025
Globenewswire· 2025-05-09 16:00
Core Viewpoint - VGP NV held its Annual and Special Shareholders' Meetings, where all agenda items were approved, including the declaration of a dividend and the appointment of independent directors and auditors [2][4]. Dividend - The Annual Shareholders' Meeting approved a gross dividend payment totaling EUR 90,061,329.06, equating to EUR 3.3 per share for the financial year ending December 31, 2024. The Board of Directors was delegated the authority to determine the payment date and related formalities [3][4]. Company Overview - VGP is a pan-European owner, manager, and developer of high-quality logistics and semi-industrial properties, as well as a provider of renewable energy solutions. The company operates in 18 European countries with approximately 380 full-time employees and has a gross asset value of EUR 7.8 billion and a net asset value (EPRA NTA) of EUR 2.4 billion as of December 2024 [5].
Procedure for the payment of AB Amber Grid dividends for 2024
Globenewswire· 2025-05-09 13:43
Core Points - AB Amber Grid shareholders approved a dividend of EUR 0.0599 per share for the year 2024 during the general meeting held on April 30, 2025 [1] - Dividends will be distributed starting May 26, 2025, with specific procedures for shareholders based on their account management [2] - Taxation on dividends includes a 15% withholding tax for individual residents and a 16% corporate tax for legal entities, with provisions for reduced rates under double taxation agreements [3] Group 1 - The decision on profit distribution and dividend payment was made by AB Amber Grid shareholders [1] - The dividend payment process involves financial brokerage companies and authorized custodians, ensuring compliance with Lithuanian tax laws [2] - Shareholders can submit requests for reduced tax rates by providing necessary documentation to AB Amber Grid by May 19, 2025 [3] Group 2 - For inquiries regarding dividend payouts, shareholders can contact AB SEB bankas or the Head of Communications at AB Amber Grid [4]
Bull of the Day: Agnico Eagle (AEM)
ZACKS· 2025-05-08 11:10
Core Viewpoint - Agnico Eagle Mines Ltd. is experiencing record net income due to soaring gold prices and is expected to return significant cash to shareholders in 2025 [1][3]. Group 1: Financial Performance - In Q1 2025, Agnico Eagle reported earnings of $1.53, surpassing the Zacks Consensus Estimate by $0.14, marking the 13th consecutive earnings beat [2]. - The company achieved payable gold production of 873,794 ounces with an all-in sustaining cost (AISC) of $1,183 per ounce [2]. - Adjusted net income reached new highs alongside a strong free cash flow of $594 million [3]. - The cash position increased by $212 million to $1.138 billion, with total debt outstanding at $1.143 billion and net debt reduced to just $5 million [3]. Group 2: Shareholder Focus - Agnico Eagle has a long-standing commitment to shareholders, paying a quarterly dividend of $0.40, yielding 1.3%, and repurchasing shares [4]. - During the last quarter, the company repurchased 488,047 shares at an average price of $102.44 and plans to renew the share buyback program [4]. Group 3: Analyst Outlook - Analysts are optimistic about Agnico Eagle's performance in 2025, with the Zacks Consensus Estimate for earnings rising to $6.11 from $5.30, indicating a 44.4% growth compared to last year [5]. - The company's shares have significantly outperformed the S&P 500 over the past year and are currently near multi-year highs [6]. Group 4: Valuation Metrics - Agnico Eagle's forward price-to-earnings (P/E) ratio is 19.5, and it has a PEG ratio of 1.0, suggesting a combination of growth and value [8].
Copa Holdings Reports First-Quarter Financial Results
GlobeNewswire News Room· 2025-05-07 21:30
Core Viewpoint Copa Holdings reported its financial results for the first quarter of 2025, showing a slight increase in net profit and a decrease in operating margin, while maintaining a strong cash position and operational performance. Financial Performance - Net profit for 1Q25 was US$176.8 million, or US$4.28 per share, reflecting a US$0.7 million increase compared to 1Q24 [3][4] - Operating profit was US$213.8 million with an operating margin of 23.8%, down 1.0% and 0.4 percentage points respectively from 1Q24 [3][4] - Operating revenues totaled US$899.2 million, a 0.6% increase from 1Q24 [2][8] Operational Metrics - Revenue passengers carried increased by 7.4% year-over-year to 3,512,000 [2] - Revenue passenger miles (RPMs) rose by 10.1% to 6,743 million [2] - Load factor improved to 86.4%, up 0.4 percentage points from 1Q24 [2] Cost and Efficiency - Operating cost per available seat mile (CASM) decreased by 7.7% to 8.8 cents, while CASM excluding fuel fell by 4.3% to 5.8 cents [3][9] - Average price per fuel gallon dropped by 12.4% to US$2.54 [2] Cash and Debt Position - The company ended the quarter with approximately US$1.3 billion in cash and investments, representing 39% of the last twelve months' revenues [3] - Total debt, including lease liabilities, stood at US$1.9 billion, with an Adjusted Net Debt to EBITDA ratio of 0.5 times [3] Fleet and Future Plans - Copa Holdings has a consolidated fleet of 112 aircraft and has exercised options for six additional Boeing 737 MAX-8 aircraft, increasing its firm order book to 57 aircraft [3][4] - The company achieved an on-time performance of 90.8% and a flight completion factor of 99.9% [3]
Procedure for the Payment of AB Kauno Energija Dividends for 2024
Globenewswire· 2025-05-07 12:00
Residents of the foreign countries, which have concluded agreements on Avoidance of Double Taxation with the Republic of Lithuania, could take advantage of reduced tariffs provided by such agreements by submitting Claim for Reduction or Exemption from the Anticipatory Tax Withheld at Source, form FR0021 (DAS-1). The form should be completed following the law requirements and presented to AB Kauno Energija (email: info@kaunoenergija.lt) together with the broker's confirmation by 16 May 2025. For additional i ...
Correction: Ex-dividend date and procedure for the payment of Pieno Žvaigždės AB dividends for the year 2024
Globenewswire· 2025-05-05 17:00
Correction of the Dividend Ex-Date All other information remains unchanged ------------------------------------------------------------------ On 25 April 2025, the Annual General Meeting of Shareholders of Pieno Žvaigždės AB decided to allocate the Company’s profit for the year 2024 and to pay out EUR 0.14 dividend per share. Dividends will be paid to the shareholders who at the end of the tenth business day following the day of the Annual General Meeting that adopted a decision on dividend payment, i.e. on ...
Lilly declares second-quarter 2025 dividend
Prnewswire· 2025-05-05 16:47
Core Points - Eli Lilly and Company has declared a dividend of $1.50 per share for the second quarter of 2025, payable on June 10, 2025, to shareholders of record by May 16, 2025 [1] Company Overview - Eli Lilly is a pharmaceutical company focused on transforming scientific discoveries into healing solutions, with nearly 150 years of experience in pioneering life-changing medicines [2] - The company addresses significant health challenges, including diabetes care, obesity treatment, Alzheimer's disease, immune system disorders, and difficult-to-treat cancers [2] - Eli Lilly is committed to ensuring the accessibility and affordability of its medicines while conducting innovative clinical trials that reflect global diversity [2]
Flow Capital Announces Cash Dividend on Series A Preferred Shares
Globenewswire· 2025-05-05 14:49
Core Points - Flow Capital Corp. announced a cash dividend of $0.069 per Series A Preferred Share, paid on May 2, 2025, to shareholders recorded as of March 31, 2025, corresponding to the period from January 1, 2025, to March 31, 2025 [1] - The dividend is classified as an eligible dividend under the Income Tax Act (Canada), allowing Canadian residents to benefit from an enhanced dividend tax credit [2] - Future dividend declarations will depend on the Company's financial performance, cash requirements, and other relevant factors as determined by the board of directors [3] Company Overview - Flow Capital Corp. is a publicly listed provider of flexible growth capital and alternative debt solutions, established in 2018, focusing on supporting high-growth companies [4] - The company has financed businesses in the US, UK, and Canada, enabling them to achieve growth without the dilutive effects of equity financing or the complexities of traditional bank loans [4] - Flow Capital targets revenue-generating, VC-backed, and founder-owned companies seeking between $2 million and $10 million in capital for expansion [4]