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ARMLOGI HOLDING CORP. ADDED TO MEMBERSHIP OF RUSSELL MICROCAP® INDEX
Globenewswire· 2025-05-27 11:30
WALNUT, CA, May 27, 2025 (GLOBE NEWSWIRE) -- Armlogi Holding Corp. ("Armlogi" or the "Company") (Nasdaq: BTOC), a U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment, was added as a member of the Russell Microcap® Index, effective after the US market opens on June 30 as part of the 2025 Russell indexes reconstitution. The annual Russell US Indexes reconstitution captures the 4,000 largest US ...
3 High-Paying Dividend Stocks That Still Have Safe Payouts
MarketBeat· 2025-05-27 11:13
Dividend Stocks Overview - Dividend yield is a key metric for investors, indicating how much a company pays in annual dividends relative to its stock price [1] - The sustainability of a company's dividend yield is often assessed through its dividend payout ratio, which shows the percentage of net income distributed as dividends [1][3] - A high dividend yield may result from a declining stock price, which could indicate underlying issues [2] Altria Group (MO) - Altria Group has a dividend yield of 6.83% and an annual dividend of $4.08, with a payout ratio of 68.34% [5][6] - The company has a strong track record of 56 consecutive years of dividend increases and an annualized 3-year dividend growth of 4.35% [5][8] - Despite the decline in traditional tobacco smoking, Altria is pivoting towards alternative nicotine products, which may support future revenue and earnings growth [7] - The stock has delivered a total return of over 609% in the last 15 years, and its current P/E ratio of 9x indicates it is undervalued compared to its historical performance [6][7] United Parcel Service (UPS) - UPS has a dividend yield of 6.88% and an annual dividend of $6.56, with a high payout ratio of 95.63% [9][10] - The company has a history of maintaining dividends even during economic downturns, with a cash flow payout ratio of 66% [10] - UPS is undergoing a turnaround plan that is expected to improve margins, and its P/E ratio is around 14x, which is a discount to historical averages [11] Verizon Communications (VZ) - Verizon has a dividend yield of 6.25% and an annual dividend of $2.71, with a payout ratio of 64.52% [12][14] - The company has a 20-year track record of dividend increases, but its recent total return over 10 years is only 45.22% [13][14] - Verizon is facing challenges with subscriber losses but has received FCC approval for a deal to acquire Frontier, which may enhance its competitive position [13][14]
CBL International Limited Announces Name Change of Singapore Subsidiary to Support Regional Growth Strategy
Globenewswire· 2025-05-26 13:00
Kuala Lumpur, Malaysia, May 26, 2025 (GLOBE NEWSWIRE) -- CBL International Limited (NASDAQ: BANL) (“CBL” or the “Company”), the listing vehicle of Banle Group (“Banle” or the “Group”), a leading marine fuel logistics company in the Asia-Pacific region, today announced the official renaming of its Singapore-based wholly owned subsidiary, Majestic Energy (Singapore) Pte Ltd, to support its regional growth strategy. Effective immediately, Majestic Energy (Singapore) Pte Ltd has been officially renamed to Banle ...
CBL International Limited Announces Name Change of Singapore Subsidiary to Support Regional Growth Strategy
GlobeNewswire News Room· 2025-05-26 13:00
Kuala Lumpur, Malaysia, May 26, 2025 (GLOBE NEWSWIRE) -- CBL International Limited (NASDAQ: BANL) (“CBL” or the “Company”), the listing vehicle of Banle Group (“Banle” or the “Group”), a leading marine fuel logistics company in the Asia-Pacific region, today announced the official renaming of its Singapore-based wholly owned subsidiary, Majestic Energy (Singapore) Pte Ltd, to support its regional growth strategy. Effective immediately, Majestic Energy (Singapore) Pte Ltd has been officially renamed to Banle ...
PAL INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Launches Investigation into Proficient Auto Logistics, Inc. and Attorneys Encourage Investors with Substantial Losses or Witnesses with Relevant Information to Contact Law Firm
GlobeNewswire News Room· 2025-05-23 22:17
Core Viewpoint - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Proficient Auto Logistics, Inc., focusing on possible false or misleading statements made by the company and its executives [1]. Company Overview - Proficient Auto is a specialized freight company that provides auto transportation and logistics services [2]. Financial Performance - On May 7, 2025, Proficient Auto announced its financial results for the first quarter ended March 31, 2025, reporting a 0.4% year-over-year decrease in total operating revenue to $95.2 million and a total operating loss of $2.4 million during the quarter [3].
Globavend Regains Compliance with Nasdaq Minimum Bid Price Deficiency
Globenewswire· 2025-05-23 13:46
Core Points - Globavend Holdings Limited has regained compliance with Nasdaq's minimum bid price requirement after maintaining a closing bid price of at least $1.00 per share for 10 consecutive business days [1][2] - The listing matter has been closed, and the company's ordinary shares continue to trade on Nasdaq under the symbol "GVH" [2] Company Overview - Globavend Holdings Limited is an emerging e-commerce logistics provider offering end-to-end logistics solutions in Hong Kong, Australia, and New Zealand [3] - The company primarily serves enterprise customers, including e-commerce merchants and operators of e-commerce platforms, facilitating business-to-consumer (B2C) transactions [3] - Globavend provides integrated cross-border logistics services, including pre-carriage parcel drop-off, parcel consolidation, air-freight forwarding, customs clearance, on-carriage parcel transportation, and final delivery [3]
Falcon 与 Toll Group 签署有关提供机库及全球航班支持的三年协议
Globenewswire· 2025-05-23 13:33
迪拜,阿联酋, May 23, 2025 (GLOBE NEWSWIRE) -- Alex Group Investment 旗下的 Falcon 已被 Toll Group 选中,将为该集团提供在阿联酋的机库服务和全球范围的航班支持,双方签署的三年协议涉及当地政府和国防事务。 该协议包括长期停放 Saab 340, 这是一款常用于短途飞行和政府公务的双引擎飞机。 Falcon Technic 机库占地 13,705 平方米,全天候开放,是阿联酋最大的私人飞机机库之一,可同时轻松容纳多架飞机。 这里也是 Falcon 专业维修团队的所在地,他们在支持复杂的飞机运营方面经验丰富。 除了机库服务外,Toll 还与 Falcon 的航班支持运营团队合作,为其全球的飞行任务提供支持,此举正是基于单一供应商管理所有服务的便利性考量。 这包括管理航班计划、获得许可证、地勤服务、支持乘客和机组人员以及协调燃料供应。 无论飞行目的地在何处,集中管理这些服务,有助于加快决策速度及减少延误,令运营更顺畅。 Alex Group Investment 创始人兼董事长 Sultan Rashit Abdulla Rashit Al ...
CBL International Limited (NASDAQ: BANL) to Participate in Noble Capital Markets’ Emerging Growth Virtual Equity Conference on June 4-5, 2025
Globenewswire· 2025-05-23 13:00
Kuala Lumpur, May 23, 2025 (GLOBE NEWSWIRE) -- CBL International Limited (NASDAQ: BANL) (the “Company” or “CBL”), the listing vehicle of Banle Group (“Banle” or “the Group”), a leading marine fuel logistic company in the Asia-Pacific region, today announced that Dr. Teck Lim Chia, Chairman and CEO, and Ms. Venus Zhao, our IR and PR Director, will present at Noble Capital Markets’ Emerging Growth Virtual Equity Conference on Wednesday, June 4, 2025, 3:30 PM Eastern Standard Time. The formal presentation will ...
Mullen Group Ltd. Announces Pricing of Private Placement Notes Offering
Globenewswire· 2025-05-22 22:46
Summary of Mullen Group Ltd. Notes Offering Core Viewpoint Mullen Group Ltd. has successfully priced a senior secured notes offering amounting to approximately CAD$400 million, aimed at enhancing liquidity for future growth and prepaying existing debt. Group 1: Notes Offering Details - The offering consists of US$50 million with a yield of 6.91% per annum and CAD$325 million with a yield of 6.04% per annum, maturing on July 10, 2037 [2] - Interest on the notes will be payable semi-annually starting December 7, 2025 [2] - The offering is expected to close on July 10, 2025, pending customary closing conditions [3] Group 2: Use of Proceeds - The net proceeds from the notes offering will be used to prepay existing private placement debt maturing in October 2026 and for general corporate purposes [3][4] - The company aims to utilize the funds to pursue new acquisitions aligned with its strategic plans [4] Group 3: Company Background - Mullen Group is a public company with a significant portfolio in the transportation and logistics sectors, providing a variety of services including less-than-truckload, truckload, and specialized hauling [7] - The company operates a network of independently run businesses and offers specialized services related to energy, mining, forestry, and construction industries in western Canada [7]
Americold Realty Trust, Inc. Sets Date for Second Quarter 2025 Earnings Release and Conference Call
Globenewswire· 2025-05-22 20:15
ATLANTA, GA., May 22, 2025 (GLOBE NEWSWIRE) -- Americold Realty Trust (NYSE: COLD), a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, today announced that the Company will release second quarter 2025 financial results before the market opens on Thursday, August 7, 2025. A conference call will be held on Thursday, August 7, 2025 at 8:00 a.m. Eastern Time. Webcast:A w ...