Core Viewpoint - Life & Banc Split Corp. is planning a stock split of its class A shares due to strong performance, with the split expected to take effect on October 27, 2025 [1][4]. Group 1: Stock Split Details - Class A shareholders will receive 10 additional class A shares for every 100 shares held as part of the stock split [1]. - The stock split is subject to approval from the Toronto Stock Exchange [1]. - The stock split is a non-taxable event, and no fractional shares will be issued [4]. Group 2: Shareholder Benefits - Following the stock split, class A shareholders will continue to receive monthly cash distributions targeted at $0.10 per share, leading to an expected increase of approximately 10% in total distributions [2]. - The Fund offers a distribution reinvestment plan for class A shareholders to reinvest distributions without commission [2]. Group 3: Performance Metrics - Over the past 10 years, class A shares have delivered a total return of 20.5% per annum, outperforming the S&P/TSX Capped Financials Total Return Index by 6.8% and the S&P/TSX Composite Total Return Index by 8.7% [3]. - Since inception, class A shareholders have received cash distributions totaling $20.95 per share [3]. Group 4: Fund Composition - The Fund invests equally in common shares of the six largest Canadian banks and four major publicly traded Canadian life insurance companies [5]. - The portfolio includes notable institutions such as the Royal Bank of Canada and Manulife Financial Corporation [5]. Group 5: Risk Mitigation - Preferred shares of the Fund are expected to have downside protection of approximately 52% against declines in the value of the Fund's portfolio [4].

Not for distribution to U.S. newswire services or for dissemination in the United States. TORONTO, Oct. 06, 2025 (GLOBE NEWSWIRE) -- (TSX: SBC, SBC.PR.A) Brompton Split Banc Corp. (the “Fund”) is pleased to announce its intention to complete a stock split of its class A shares (the “Share Split”) due to the Fund’s strong performance. Class A shareholders of record at the close of business on October 27, 2025 will receive 17 additional class A shares for every 100 class A shares held, pursuant to the Share ...

So far in 2025, Two Harbors Investment (NYSE: TWO )'s preferred shares have delivered mixed results relative to the iShares Preferred and Income Securities ETF ( PFF ). The Series A shares (NYSE: TWO.PR.A ), which currently offerI ventured into investing in high school in 2011, mainly in REITs, preferred stocks, and high-yield bonds, starting a fascination with markets and the economy that has not faded despite the years. More recently I have been combining long stock positions with covered calls and cash s ...

SASKATOON, Saskatchewan, Sept. 29, 2025 (GLOBE NEWSWIRE) -- PHARMACORP RX INC. (“PharmaCorp” or the “Corporation”) (TSXV:PCRX) is pleased to announce that it has filed a preliminary short form base shelf prospectus with the securities commissions in each of the provinces of Canada, other than Quebec. The base shelf prospectus, when made final and effective, will allow the Corporation to ‎qualify the distribution by way of prospectus in Canada of up to $100 million of common shares, preferred ‎shares, warran ...

Granite Point Mortgage Trust (NYSE: GPMT ) and Sachem Capital (NYSE: SACH ) are both mortgage REITs out of favor with investors and with public preferreds that are trading at discounts to their $25 per share liquidationThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tickers, REITs, ...

The stock of Metaplanet, a Bitcoin proxy firm, has corrected by 8.37% on the Tokyo Stock Exchange, extending its total correction to 70% from the highs of 1,900 JPY in mid-June. This comes as the short positions pile up from global financial giants like UBS, Goldman Sachs, Morgan Stanley, etc. Financial Giants Build Short Positions for Metaplanet Stock Data from the last week suggests that the institutional short positions in Metaplanet have seen a major shift, with some banks cutting their short positio ...

Core Viewpoint - Real Estate Split Corp. plans to extend its maturity date by an additional 5 years to December 31, 2030, allowing shareholders to continue benefiting from a diversified portfolio of North American real estate securities [1][2]. Group 1: Term Extension - The board of directors intends to approve the extension of the maturity date, which will be announced at least 60 days prior to the original maturity date of December 31, 2025 [1]. - The extension allows Class A shareholders to maintain exposure to a high-conviction, actively managed portfolio of leading North American real estate companies [2]. - The term extension is not a taxable event, enabling shareholders to defer potential capital gains tax liability until the shares are disposed of [3]. Group 2: Shareholder Returns - Since inception on November 19, 2020, Class A shares have delivered a total return of 5.4% per annum, including cash distributions of $6.94 per share [4]. - Preferred shareholders will benefit from preferential cash dividends until December 31, 2030, with Preferred shares delivering a total return of 5.3% per annum since inception [5]. Group 3: Company Background - Middlefield, founded in 1979, is a specialist equity income asset manager with a focus on high-quality global companies across various sectors [6].

Group 1: Annaly Capital Management (NLY) - NLY has four preferred shares, with NLY-F and NLY-I showing materially negative yield to call, while NLY-G has a positive yield to call of 8.73%, which is lower than most baby bonds in the sector [2] - A new preferred share, NLY-J, has been issued with a fixed-rate coupon of 8.875%. The share is callable after five years, limiting upside if rates fall, while increasing interest rate risk if rates rise [3] - NLY-J's trading price has increased from $24.80 to $25.10, indicating a common trend for preferred shares to rise in the initial weeks after issuance [4] Group 2: MFA Financial (MFA) - MFA has two preferred shares and two baby bonds, with MFA-C showing a reasonable floating spread of 5.79% over 3-month LIBOR, resulting in a stripped yield of approximately 10.3% to 10.4% at a price of $24.23 [5][6] - MFA-B is a fixed-rate share with an 8.84% stripped yield at $21.58, but the potential upside is limited, making it less attractive compared to baby bonds [8] - Overall, MFA-C is slightly favored over MFA-B, but baby bonds are preferred if their prices dip modestly, as this can significantly impact yield to call and yield to maturity [9] Group 3: ARMOUR Residential REIT (ARR) - ARR was the worst-performing mortgage REIT last week, with shares dropping 4.6%, significantly worse than peers [13][14] - The price-to-NAV for ARR has decreased to a projected 0.92x, indicating a decline in market sentiment following a public offering announcement [14][16] - The public offering was made at about 98% of book value, which did not excite shareholders, contributing to the decline in share price [16]

Group 1 - The article suggests considering preferred shares issued by MetLife (NYSE: MET) in a "higher for longer" interest rate environment, indicating a potential investment opportunity [1] - The investment group European Small Cap Ideas focuses on high-quality small-cap investment opportunities in Europe, emphasizing capital gains and dividend income [1] - The group offers two model portfolios: the European Small Cap Ideas portfolio and the European REIT Portfolio, along with weekly updates and educational content [1] Group 2 - The analyst has a beneficial long position in the shares of MET.PR.A, indicating confidence in the investment [1] - There is a mention of the possibility of writing put options on MET, although it is unlikely to occur in the immediate future [2]

Company Overview - Dime Community Bancshares is a regional bank based in New York state, offering both common and preferred shares [1]. Investment Focus - The company is currently focused on income investing through common shares, preferred shares, or bonds [1]. Analyst Background - The analyst has a background in history/political science and holds an MBA with a specialization in Finance and Economics, indicating a strong foundation in financial analysis [1].