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MarketWise Declares Quarterly Dividend of $0.20 Per Share on Common Stock; Announces Special Dividend of $0.10 Per Share
Globenewswire· 2025-05-02 23:22
Core Points - MarketWise, Inc. declared a quarterly cash dividend of $0.20 per share for Class A common stock and a comparable distribution for MarketWise, LLC units [1] - A special dividend of $0.10 per share for Class A common stock was also announced, totaling approximately $0.3 million [2] - Both the regular and special dividends will be paid on June 25, 2025, with a Record Date of May 15, 2025 [2] Company Overview - MarketWise is a leading multi-brand digital subscription services platform focused on providing premium financial research, software, education, and tools for self-directed investors [3] - The company has over 25 years of operating history and serves millions of free and paid subscribers [4] - MarketWise operates as a 100% digital, direct-to-customer company, offering its research across various platforms including mobile, desktops, and tablets [4] - The company's vision is to become the leading financial solutions platform for self-directed investors [4]
Shareholders of INVL Baltic Real Estate approved the proposals to adopt a new version of the Articles of Association, reduce the share capital, and distribute dividends for the year 2024
Globenewswire· 2025-04-30 05:15
Core Points - The General Shareholders Meeting of INVL Baltic Real Estate approved a dividend allocation of EUR 0.09 per share for the year 2024, totaling EUR 0.716 million [1][7] - The ex-date for the dividend is set for 14 May 2025, meaning new shareholders after this date will not be entitled to the dividend [3] - The company reported a consolidated net profit of EUR 2.74 million for the previous year, which is 3.9 times higher than in 2023, largely due to a property sale in Latvia contributing EUR 1.7 million to the operating result [8] - The authorized capital of the company will be reduced from EUR 11.689 million to EUR 11.533 million by canceling 107,480 own shares acquired during a buy-back process [4][8] - Shareholders authorized the company to repurchase its own shares, with a maximum purchase price based on the last published net asset value per share and a minimum price of EUR 1.45, with a buyback period of 18 months [9] - The company owns properties with a total area of 19,300 sq. m., valued at EUR 42.6 million as of December 2024, with occupancy rates between 75% and 91% [11][12] Company Overview - INVL Baltic Real Estate operates as a closed-ended investment company managed by INVL Asset Management, which is a leading alternative asset manager in the Baltics [13][14] - The company has been recognized for providing stable returns to retail investors since its inception as a collective investment undertaking in December 2016 [13] - INVL Asset Management manages over EUR 1.6 billion in assets across various asset classes, including real estate, private equity, and renewable energy [15]
Dividend payment ex-date of EfTEN Real Estate Fund AS
Globenewswire· 2025-04-15 07:20
Group 1 - EfTEN Real Estate Fund AS will fix the list of shareholders for dividend distribution on April 22, 2025, at the end of the working day of the registrar of the settlement system of the fund's securities [1] - The date of change of rights related to the securities is April 21, 2025, but due to trading holidays of the Nasdaq Tallinn Stock Exchange, the actual ex-date is April 17, 2025 [1] - As of the ex-date, the new owner of the shares will not be entitled to dividends for the year 2024 [1] Group 2 - EfTEN Real Estate Fund AS will distribute dividends amounting to €1.11 per share on April 30, 2025 [2]
Information and documents for the Annual General Meeting of Shareholders of Grigeo Group AB to be held on 28th April 2025 – the Board of the Company proposes to pay EUR 0.06 dividend per share for the year 2024
Globenewswire· 2025-04-04 15:02
Core Points - The Board of Grigeo Group AB has decided to present audited annual financial statements for the year ended 31 December 2024 at the Annual General Meeting of Shareholders scheduled for 28 April 2025 [1] - The Supervisory Board has proposed to approve the Company's Remuneration report and to distribute a profit of EUR 7,884 thousand for the year 2024, equating to EUR 0.06 per share [3] Financial Statements - The consolidated management report and financial statements for the year 2024 have been prepared in accordance with International Financial Reporting Standards and are published in European Single Electronic Format (ESEF) [3] - Additional documents provided include the management report, sustainability report, and financial statements in PDF format [3] Profit Distribution - The Board proposes to allocate EUR 7,884 thousand to dividends for the year 2024, which translates to EUR 0.06 per share [3] Governance Documents - Draft Articles of Association and the Company's remuneration policy have been prepared for approval at the upcoming General Meeting [3][4] - Draft decisions proposed by the Board are also included for consideration [3]
United Maritime (USEA) - 2024 Q4 - Earnings Call Transcript
2025-03-18 20:15
Financial Data and Key Metrics Changes - Net revenue for Q4 2024 was $10.8 million, down from $11.6 million in Q4 2023, with adjusted EBITDA increasing by 11% to $5.1 million [10][26] - Full year net revenue reached $45.4 million, significantly higher than the previous year, while adjusted EBITDA grew to $20.3 million compared to $18.9 million in 2023 [27] - The company recorded a net loss of $3.4 million for the year, compared to a net profit of $200,000 in 2023, largely due to a decrease in profits from vessel sales [27][28] Business Line Data and Key Metrics Changes - The company sold the Oasea and reinvested in the Nisea, which has been employed on a profitable fixed-rate charter [11] - The Gloriuship, the oldest vessel in the fleet, is scheduled for sale, expected to enhance cash position by approximately $7 million [29][50] Market Data and Key Metrics Changes - The dry bulk market experienced a temporary slowdown in coal and iron ore exports, impacting revenue [9] - Capesize and Panamax charter rates softened due to seasonal factors and high inventory levels in China [17][18] - The Capesize order book remains at historical low levels, indicating potential demand for new vessels in the future [21] Company Strategy and Development Direction - The company is focused on building a high-quality dry bulk fleet and has successfully completed its second investment cycle without diluting shareholders [6][36] - United Maritime is optimistic about the long-term fundamentals of the dry bulk market and is exploring opportunities in the offshore sector [15][24] Management's Comments on Operating Environment and Future Outlook - Management remains confident in the company's ability to generate shareholder value despite current market volatility [9] - The company anticipates a rebound in the dry bulk market and expects higher time charter equivalent rates in the following quarters [14][24] Other Important Information - The company declared a total dividend of $0.235 per share for 2024, with a reduced dividend of $0.01 per share for Q4 2024 due to market conditions [7][10] - The company has extended its share repurchase program by 12 months, with $1.9 million remaining available for repurchases [8] Q&A Session Summary Question: What is the scheduled delivery of the offshore vessel and remaining capital commitments? - The scheduled delivery is in Q1 2027, with $3.5 million already paid and another $4.5 million committed to be called in two tranches within 2025 [42] Question: Can you review comments on the US missile strikes and their potential link to the dry bulk market? - The Red Sea remains closed, which disrupts trade routes, but a ceasefire in Ukraine could positively impact the Panamax/Kamsarmax segment [45][46] Question: Regarding the Capesize sale, does the $50 million sales price imply a gain of $7 million? - The net amount after the sale will be around $7 million, considering the outstanding loan and management agreements [50]