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Dream Impact Trust Reports Fourth Quarter 2025 Results
Businesswire· 2026-02-17 22:04
Dream Impact Trust Reports Fourth Quarter 2025 ResultsFeb 17, 2026 5:04 PM Eastern Standard Time# Dream Impact Trust Reports Fourth Quarter 2025 ResultsShare---This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. All dollar amounts in our tables are presented in thousands of Canadian dollars, except unit and per unit amounts, unless otherwise stated.TORONTO--([ ...
LP Building Solutions Announces Increased Quarterly Dividend
Businesswire· 2026-02-13 16:00
Core Viewpoint - Louisiana-Pacific Corporation (LP) has announced an increase in its quarterly cash dividend to common stockholders, raising it to $0.30 per share, which is a 7% increase from the previous $0.28 per share [1]. Company Overview - LP Building Solutions is a leader in high-performance building solutions, manufacturing engineered wood products for builders, remodelers, and homeowners globally [1]. - The company has a diverse portfolio that includes various siding and structural solutions, as well as oriented strand board [1]. - LP has been operational since 1972 and is headquartered in Nashville, Tennessee, with over 20 manufacturing facilities across North and South America [1]. Financial Information - The new dividend will be payable on March 13, 2026, to stockholders of record as of February 27, 2026 [1]. - LP reported revenues of $2.9 billion for the year 2024 [1].
UDR, Inc. Announces Fourth Quarter and Full-Year 2025 Results, Establishes 2026 Guidance Ranges and Increases Dividend
Businesswire· 2026-02-09 21:16
Core Insights - UDR, Inc. reported strong financial results for Q4 and full-year 2025, with FFOA per share and Same-Store growth exceeding expectations [1][2] - The company established guidance ranges for 2026 and announced a dividend increase, reflecting confidence in future performance [1][2] Financial Performance - Q4 2025 net income per diluted share was $0.67, exceeding guidance of $0.13 to $0.15 and up from $0.69 in Q4 2024 [1] - Full-year 2025 net income per diluted share reached $1.13, a significant increase of 335% from $0.26 in 2024 [1] - FFO per diluted share for Q4 2025 was $0.62, slightly below the guidance of $0.63 to $0.65, but up 29% from $0.48 in Q4 2024 [1] - Full-year 2025 FFO per diluted share was $2.43, a 6% increase from $2.29 in 2024 [1] Same-Store Results - Q4 2025 Same-Store revenue growth was 1.8% year-over-year, while expenses increased by 2.0%, resulting in a 1.7% growth in Net Operating Income (NOI) [1] - For the full year 2025, Same-Store revenue growth was 2.4%, with expenses rising by 2.6%, leading to a 2.3% increase in NOI [1] Operational Highlights - The company repurchased approximately 2.6 million shares at an average price of $35.56, totaling about $92.8 million [1] - UDR completed the acquisition of The Enclave at Potomac Club for approximately $147.7 million and expanded its joint venture with LaSalle Investment Management by $231.6 million [1][2] Guidance and Outlook - For Q1 2026, UDR expects net income per diluted share between $0.11 to $0.13 and FFO per diluted share between $0.61 to $0.63 [1] - Full-year 2026 guidance includes net income per diluted share of $0.45 to $0.55 and FFO per diluted share of $2.47 to $2.57 [1] Dividend Information - The board declared a quarterly dividend of $0.43 per share for Q4 2025, a 1.2% increase from the same period in 2024 [2] - The annualized dividend for 2026 is set at $1.74, also reflecting a 1.2% increase over 2025 [2] Corporate Governance - UDR appointed Richard B. Clark and Ellen M. Goitia to its Board of Directors, enhancing the board's expertise in real estate investment and corporate governance [2]
Dream Unlimited Corp. Q4 2025 Financial Results Release Date, Webcast and Conference Call
Businesswire· 2026-02-02 19:25
Dream Unlimited Corp. Q4 2025 Financial Results Release Date, Webcast and Conference Call-# Dream Unlimited Corp. Q4 2025 Financial Results Release Date, Webcast and Conference CallShare---TORONTO-- ([BUSINESS WIRE])--Dream Unlimited Corp. (TSX: DRM) ("Dream†) will be releasing its financial results for the quarter ended December 31, 2025, on Tuesday, February 24, 2026.Senior management will be hosting a conference call to discuss the financial results. Participants may join the conference call by audio o ...
Orion Properties Inc. Announces Tax Treatment of 2025 Dividends
Businesswire· 2026-01-27 21:10
Core Viewpoint - Orion Properties Inc. has announced the income tax classification of its 2025 dividends for common stock, providing detailed information on ordinary dividends, capital gain distributions, and non-dividend distributions [1] Dividend Classification - The dividends for 2025 are classified as follows: - December 31, 2024: $0.10 per share as ordinary dividends - March 31, 2025: $0.02 per share as ordinary dividends - June 30, 2025: $0.02 per share as ordinary dividends - September 30, 2025: $0.02 per share as ordinary dividends - No capital gain distributions or non-dividend distributions are reported for these dates [1] Company Overview - Orion Properties Inc. is a fully-integrated real estate investment trust (REIT) that owns a diversified portfolio of single-tenant net lease office properties across the United States - The company was founded on July 1, 2021, and spun off from Realty Income on November 12, 2021, beginning trading on the New York Stock Exchange on November 15, 2021 - The portfolio includes traditional office properties, governmental, medical office, flex/laboratory, R&D, and flex/industrial properties [1]
Gibraltar to Present at Sidoti Year End Virtual Investor Conference
Businesswire· 2025-12-02 12:30
Core Viewpoint - Gibraltar Industries, Inc. is actively engaging with investors through presentations and meetings, highlighting its strategic focus on growth and innovation in the residential, agtech, and infrastructure markets [1][6]. Group 1: Investor Engagement - Gibraltar's Chairman and CEO Bill Bosway, along with CFO Joe Lovechio, will present at the Sidoti Year End Virtual Investor Conference on December 10, 2025, at 1:00 p.m. ET [1]. - A live webcast of the presentation will be accessible via Gibraltar's website [2]. Group 2: Company Overview - Gibraltar is recognized as a leading manufacturer and provider of products and services across residential, agtech, and infrastructure sectors, with a mission to enhance life quality for people and the planet [3]. - The company is committed to innovation, leveraging engineering, science, and technology to reshape critical markets in North America [3]. Group 3: Recent Developments - Gibraltar has announced an agreement to acquire OmniMax International for a cash purchase price of $1.335 billion, which will enhance its offerings in residential roofing accessories and rainware solutions [6]. - The company reported its third quarter 2025 financial results, indicating a 2% growth in its building accessories business within the residential roofing market [7].
Dream Impact Trust Announces Voting Results of Special Meeting of Unitholders
Businesswire· 2025-11-27 20:48
Core Points - Dream Impact Trust announced the approval of amendments to its 5.50% convertible unsecured subordinated debentures, changing the conversion price from $31.02 per unit to $2.75 per unit [1][4] - The amendments resolution was approved by approximately 44.43% of the votes cast by unitholders present at the special meeting [3] - The Trust plans to implement these amendments in the fourth quarter of 2025, which includes an increase in the interest rate of the debentures from 5.50% to 6.50% starting January 31, 2026 [4] Voting Results - A total of 8,183,043 units of the Trust were represented at the meeting, either in person or by proxy [3] - The amendments resolution required a simple majority for approval, which was achieved with the votes cast [2] Company Overview - Dream Impact Trust is an open-ended trust focused on impact investing, with a portfolio of real estate assets managed by an experienced team [5] - The Trust aims to create positive impacts through its focus on environmental sustainability, affordable housing, and inclusive communities [5]
Ferguson to Issue Results for the Quarter Ended October 31, 2025 And Host Conference Call on December 9, 2025
Businesswire· 2025-11-20 11:45
Core Points - Ferguson Enterprises Inc. will release its financial results for the quarter ended October 31, 2025, on December 9, 2025 [1][5] - The results will be available on Ferguson's corporate website at 6:45 a.m. ET/11:45 a.m. GMT [1][5] - A conference call and webcast for analysts and investors will take place on the same day at 8:30 a.m. ET/1:30 p.m. GMT [2][5] Company Overview - Ferguson is the largest value-added distributor in the North American construction market, which is valued at $340 billion [3] - The company reported sales of $30.8 billion for FY'25 and employs approximately 35,000 associates across over 1,700 locations [3]
Griffon Corporation Announces Annual and Fourth Quarter Results
Businesswire· 2025-11-19 12:32
Core Insights - Griffon Corporation reported a fiscal 2025 revenue of $2.5 billion, a 4% decrease from $2.6 billion in the previous year [1] - The company experienced a significant decline in net income, totaling $51.1 million or $1.09 per share, compared to $209.9 million or $4.23 per share in the prior year [2] - Adjusted net income for fiscal 2025 was $263.6 million, or $5.65 per share, an increase from $254.2 million, or $5.12 per share, in the previous year [3] Financial Performance - Fiscal 2025 adjusted EBITDA was $522.3 million, a 2% increase from $513.6 million in the prior year [4] - Fourth quarter revenue was $662.2 million, slightly up from $659.7 million in the same quarter of the previous year [5] - Fourth quarter net income was $43.6 million, or $0.95 per share, down from $62.5 million, or $1.29 per share, in the prior year quarter [6] Segment Performance - Home and Building Products (HBP) revenue for 2025 was $1.6 billion, consistent with the prior year, with a 2% favorable price and mix offset by a 2% decrease in volume [10] - Consumer and Professional Products (CPP) revenue in 2025 was $0.9 billion, a decline of 10% compared to 2024, primarily due to a 12% decrease in volume driven by reduced consumer demand [12] - HBP adjusted EBITDA for 2025 was $494.6 million, a 1% decrease from the previous year, while CPP adjusted EBITDA increased by 18% to $85.5 million [13][10] Cash Flow and Shareholder Returns - The company generated $323 million in free cash flow during the year, which supported the repurchase of 1.9 million shares and regular quarterly dividends [8] - Griffon returned a total of $174 million to shareholders in 2025 through dividends and share repurchases [8] - A 22% increase in the regular quarterly dividend to $0.22 per share was announced, reflecting confidence in the company's strategic plan [9] Balance Sheet and Capital Expenditures - As of September 30, 2025, Griffon had cash and equivalents of $99 million and total debt outstanding of $1.41 billion, resulting in net debt of $1.31 billion [17] - The company reduced its debt by approximately $116 million during the year, improving leverage to 2.4x from 2.6x in the prior year [17] - Capital expenditures for the year were $34.4 million, including $18 million from asset sales [17] 2026 Outlook - For fiscal year 2026, Griffon expects revenue to remain at $2.5 billion and adjusted EBITDA in the range of $580 million to $600 million [20] - The company anticipates HBP and CPP revenue to be in line with 2025, with HBP EBITDA margin exceeding 30% and CPP around 10% [21]
Cemex US Appoints Will Price as Senior Vice President of Mergers & Acquisitions
Businesswire· 2025-11-18 16:15
Core Insights - Cemex US has appointed Will Price as Senior Vice President of Mergers & Acquisitions to lead strategic growth initiatives through targeted acquisitions and divestitures [1][2][3] Company Overview - Cemex is a global building materials company with a network in the U.S. that includes 8 cement plants, nearly 50 cement terminals, about 50 aggregate quarries, and over 280 ready-mix concrete plants [5] - The company has been recognized for its sustainability efforts, earning the U.S. EPA ENERGY STAR® Partner of the Year award consecutively since 2019 [5] Leadership and Experience - Will Price has over a decade of experience in strategy and business development, previously serving as Vice President of Corporate Development and Integration at a leading manufacturer of exterior building products, where he managed transactions totaling over $3 billion in enterprise value [2][3] - Price holds a Bachelor of Science in Aerospace Engineering and an MBA in Corporate Finance [3] Strategic Focus - Price emphasized the importance of identifying opportunities that align with Cemex's long-term strategy and deliver value to customers, employees, and communities [4]