Tag: Dividend

Student Transportation Inc. Reports Fourth Quarter & Fiscal Year 2016 Results

BARRIE, Ontario, Sept. 14, 2016 (GLOBE NEWSWIRE) — Student Transportation Inc. (TSX:STB) (NASDAQ:STB) (“STI” or “the Company”) today announced financial results for the fourth quarter and fiscal year ended June 30, 2016. All financial results are reported in U.S. dollars except as otherwise noted. “We were very pleased with our strong performance and solid results in fiscal 2016 which were in line with our internal objectives and we are well-positioned for continued improvements in fiscal 2017,” said Denis J. Gallagher, STI Chairman and CEO. “Our year-end results reflect the positive impact of our fuel management and early stage returns from strategic

U.S. Global Investors Reports Financial Results for Fiscal Year 2016

San Antonio, TX, Sept. 14, 2016 (GLOBE NEWSWIRE) — For Immediate Release U.S. Global Investors Reports Financial Results for Fiscal Year 2016 Continuing Dividends and Share Repurchase Program ************************************************************************ SAN ANTONIO-September 14, 2016 –U.S. Global Investors, Inc. (NASDAQ: GROW), a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, today reported a net loss of $3.7 million, or $(0.24) per share, on operating revenues of $5.5 million for the fiscal year ended June 30, 2016. For the fiscal year 2015, U.S. Global Investors recorded a net loss of $4.0 million, or $(0.26) per share, on

Gladstone Commercial Corporation Announces $23.9 Million Office Property Acquisition in Fort Lauderdale, FL

MCLEAN, Va., Sept. 14, 2016 (GLOBE NEWSWIRE) — Gladstone Commercial Corporation (NASDAQ:GOOD) (“Gladstone Commercial”) announced today that it acquired a five-story, 119,224 square foot, single-tenant office building located in Fort Lauderdale, FL, for $23.9 million at an average cap rate of 8.3%. The property is leased to Citrix, under a triple-net (or NNN) lease. Citrix, a Fortune 1000 and S&P 500 company with a market capitalization of over $10 billion, provides a complete and integrated portfolio of Workspace-as-a-Service, application delivery, virtualization, mobility, network delivery and file sharing solutions that enables companies to ensure critical systems are securely available to users

Hurco Companies, Inc. Announces Quarterly Cash Dividend

INDIANAPOLIS, Sept. 14, 2016 (GLOBE NEWSWIRE) — Hurco Companies, Inc. (Nasdaq:HURC), an international industrial technology company, announced today that its Board of Directors approved the payment of a cash dividend of $0.09 per share.  The dividend will be paid on October 17, 2016, to shareholders of record as of the close of business on September 30, 2016.  Future declarations of dividends are subject to approval of the Board of Directors and may be adjusted as business needs or market conditions change. About the Company Hurco Companies, Inc. is an international, industrial technology, company that sells its three brands of computer

Gladstone Land Corporation Announces Initial Cash Distribution for 6.375% Series A Cumulative Term Preferred Stock

MCLEAN, Va., Sept. 12, 2016 (GLOBE NEWSWIRE) — Gladstone Land Corporation (NASDAQ:LAND) (the “Company”) announced today that its board of directors declared the following initial cash distribution for its newly issued 6.375% Series A Cumulative Term Preferred Stock (the “Series A Preferred Stock”): Cash Distribution: Series A Preferred Stock:  $0.190364583 per share of Series A Preferred Stock representing the cumulative dividend from (but excluding) the date of original issuance through the month ending September 30, 2016. Summary of Series A Preferred Stock Cash Distribution:               Ex-Dividend Date   Record Date   Payment Date   Amount

Orchid Island Capital Announces September 2016 Monthly Dividend and August 31, 2016 RMBS Portfolio Characteristics

September 2016 Monthly Dividend of $0.14 Per Share RMBS Portfolio Characteristics as of August 31, 2016 VERO BEACH, Fla., Sept. 12, 2016 (GLOBE NEWSWIRE) — Orchid Island Capital, Inc. (the “Company”) (NYSE:ORC) announced today that the Board of Directors declared a monthly cash dividend for the month of September 2016. The dividend of $0.14 per share will be paid September 30, 2016, to holders of record on September 28, 2016, with an ex-dividend date of September 26, 2016.  The Company intends to make regular monthly cash distributions to its stockholders. In order to qualify as a real estate investment trust

Farmer Bros. Co. Reports Fourth Quarter and Fiscal 2016 Financial Results

FORT WORTH, Texas, Sept. 12, 2016 (GLOBE NEWSWIRE) — Farmer Bros. Co. (NASDAQ:FARM) (the “Company”) today reported financial results for its fourth quarter and fiscal year ended June 30, 2016. Fourth Quarter Fiscal 2016 Highlights: Net sales increased $1.6 million to $134.2 million in the fourth quarter of fiscal 2016, as compared to the prior year period; Gross profit increased 6.6% to $52.4 million in the fourth quarter of fiscal 2016, as compared to the prior year period; Net income was $84.2 million in the fourth quarter of fiscal 2016, primarily due to non-cash income tax benefit of $80.3 million from

American Airlines Group Reports August Traffic

FORT WORTH, Texas, Sept. 12, 2016 (GLOBE NEWSWIRE) — American Airlines Group (NASDAQ:AAL) today reported August and year-to-date 2016 traffic results. American Airlines Group’s total revenue passenger miles (RPMs) were 20.4 billion, down 2.8 percent versus August 2015. Total capacity was 24.7 billion available seat miles (ASMs), up 1.4 percent versus August 2015. Total passenger load factor was 82.9 percent, down 3.6 percentage points versus August 2015. The Company continues to expect its third quarter 2016 total revenue per available seat mile to be down approximately 3.0 to 5.0 percent year-over-year. In addition, the Company continues to expect its third

MVC Capital Announces Fiscal Third Quarter and Nine Month 2016 Results

PURCHASE, N.Y., Sept. 09, 2016 (GLOBE NEWSWIRE) — MVC Capital, Inc. (NYSE:MVC) (the Company), a publicly traded business development company (BDC) that makes private debt and equity investments, announced its financial results for the fiscal third quarter and nine-month period ended July 31, 2016. Recent Highlights Total operating income of $31.9 million for the nine month period ending July 31, 2016, compared to $17.7 million for the same period in 2015 Total operating income of $8.0 million for the third quarter of fiscal 2016, compared to $7.5 million for the same quarter in fiscal 2015 Received a $2.5 million dividend

MasterCraft Reports Fiscal 2016 Fourth-Quarter and Full-Year Results

VONORE, Tenn., Sept. 08, 2016 (GLOBE NEWSWIRE) — MasterCraft (NASDAQ:MCFT) today announced financial results for its fiscal 2016 fourth quarter and full year ended June 30, 2016. Fiscal Fourth-Quarter Highlights: Gross margin rose to 26.3 percent for the fourth quarter, a 300 basis point improvement over the prior-year fourth quarter Fiscal 2016 fourth quarter net income totaled $4.8 million, up from $2.5 million in the prior-year fourth quarter Diluted earnings per share grew 23.8 percent to $0.26 for the fourth quarter versus the prior-year period Fully diluted pro forma adjusted net income per share, a non-GAAP measure, grew 50 percent to

Hooker Furniture Reports Fiscal First Half Results

MARTINSVILLE, Va., Sept. 08, 2016 (GLOBE NEWSWIRE) — Hooker Furniture (NASDAQ:HOFT) today reported consolidated net sales of $136.2 million and net income of $5.3 million, or $0.46 per diluted share, for its fiscal 2017 second quarter ended July 31, 2016. Earnings per diluted share increased nearly 28% from $0.36 in the comparable prior year quarter.   For the fiscal 2017 first-half, consolidated net sales were $258 million, and net income was $7.8 million or $0.68 per diluted share. Earnings per diluted share decreased 1.4% from $0.69 in the comparable prior year first half.  Included in fiscal 2017 first half results is

Peak Resorts Reports Results for First-Quarter FY2017

WILDWOOD, Mo., Sept. 08, 2016 (GLOBE NEWSWIRE) — Peak Resorts, Inc. (NASDAQ:SKIS), a leading owner and operator of high-quality, individually branded ski resorts in the U.S., today reported results for its first quarter ended July 31, 2016 of fiscal 2017. First-Quarter 2017: Revenue was $7.1 million, up $1.7 million from the first quarter of fiscal 2016. Net loss was $7.9 million, or $0.56 per share. Reported EBITDA* was ($6.9) million. Resort operating expenses were up $1.6 million over the first quarter of fiscal 2016. The next deadline for 2016/2017 season pass sales occurs in mid-October; management expects season pass sales

McEwen Mining Appoints New Chief Operating Officer

TORONTO, Sept. 08, 2016 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) is pleased to announce the appointment of Xavier Ochoa as Chief Operating Officer (“COO”), effective immediately and the departure of the Company’s current COO, William Faust effective September 30, 2016.  Mr. Ochoa is a seasoned executive, bringing more than 25 years of operational experience to the McEwen team and will be instrumental in the continued growth and development of our projects. Rob McEwen, CEO and Chairman of McEwen Mining stated: “We would like to welcome Xavier to the team; he has an outstanding track record delivering growth and

Evolution Petroleum Announces Results for Fiscal Year 2016

HOUSTON, Texas, Sept. 07, 2016 (GLOBE NEWSWIRE) — Evolution Petroleum Corporation (NYSE:EPM) today reported financial and operating highlights for its fiscal year and fourth quarter ended June 30, 2016, with comparisons to the fiscal third quarter ended March 31, 2016 (the “prior quarter”) and the quarter ended June 30, 2015 (the “year-ago quarter”), as well as the prior fiscal year ended June 30, 2015. Highlights: Generated $24.0 million in net income for the year, or $0.73 per common share, with the proceeds of the litigation settlement on top of another profitable year. Improved our balance sheet strength further, finishing the

Colony Bankcorp, Inc. Announces Partial Redemption of Preferred Stock

FITZGERALD, Ga., Sept. 07, 2016 (GLOBE NEWSWIRE) — Colony Bankcorp, Inc. (Nasdaq:CBAN) today announced redemption of 3,661 shares of its Cumulative Perpetual Preferred Stock ($1,000 Par Value).  Total principal payment will be $3,661,000 and leave the company with 14,360 preferred shares outstanding.  This action was in concurrence with both Georgia Department of Banking and Finance and Federal Reserve Bank of Atlanta.  “This will be immediately accretive to EPS,” said Ed Loomis, President and Chief Executive Officer.  “Subject to regulatory approval later this year, we intend to exercise our option to redeem additional shares of the preferred stock that has a

ABM Industries Announces Results for Third Quarter Fiscal 2016

Revenue Increase of 3.8% to $1.3 billion; Organic Growth of 2.2% GAAP Continuing EPS of $0.58, Reflecting Recognition of Tax Benefit Adjusted Continuing EPS of $0.54; 2020 Vision Progress Continues Full Year Guidance Outlook Increased Declaration of 202nd Consecutive Quarterly Dividend NEW YORK, Sept. 07, 2016 (GLOBE NEWSWIRE) — ABM (NYSE:ABM), a leading provider of facility solutions, today announced financial results for the third quarter of fiscal 2016.     Three Months Ended July 31,   Increase/ (Decrease)   Nine Months Ended July 31,   Increase/ (Decrease) ($ in millions, except per share amounts) (unaudited) 2016     2015  

Alico, Inc. Announces Fiscal Year 2016 Fourth Quarter Dividend

FORT MYERS, Fla., Sept. 07, 2016 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico”) (NASDAQ:ALCO), a holding company with assets and related operations in agriculture and natural resources, announced that its Board of Directors, by Action of Written Consent on September 6, 2016, declared a fourth quarter cash dividend in the amount of $0.06 per share on its outstanding common stock. The dividend is to be paid to shareholders of record as of September 30, 2016, with payment expected on October 14, 2016. About Alico Alico is a holding company with assets and related operations in agriculture and natural resources. In addition

Correction Notice to Press Release on Sprott Focus Trust Third Quarter Common Stock Distribution

TORONTO, Sept. 07, 2016 (GLOBE NEWSWIRE) — Sprott Focus Trust, Inc. (Nasdaq:FUND) (the “Fund” or “FUND”) today announced a correction to its press release issued August 6, 2016, entitled “Sprott Focus Trust Declares Third Quarter Common Stock Distribution of $0.09 Per Share”. In the press release, the ex-dividend date was misstated. The correct ex-dividend date is September 13, 2016.  About Sprott Focus Trust, Inc. Sprott Focus Trust, Inc. is a closed-end diversified management investment company whose shares of Common Stock are listed and traded on the Nasdaq Global Select Market.  The Fund’s investment goal is long-term capital growth, which it

Kona Grill Announces Adoption of Stockholder Rights Plan

SCOTTSDALE, Ariz., Sept. 06, 2016 (GLOBE NEWSWIRE) — Kona Grill, Inc. (NASDAQ:KONA), an American grill and sushi bar, announced today that its Board of Directors adopted a Stockholder Rights Plan. Under the Rights Plan, Kona Grill will declare a dividend distribution of one Preferred Share Purchase Right for each outstanding share of the Company’s common stock held by stockholders of record as of the close of business on September 16, 2016. Berke Bakay, President and CEO of Kona Grill, said, “The Rights Plan is designed to assure that our stockholders receive fair and equal treatment in the event of any

Quanex Building Products Announces Third Quarter 2016 Results

Margin Expansion Continues Debt Refinancing Complete HOUSTON, Sept. 06, 2016 (GLOBE NEWSWIRE) — Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced its results for the quarter ended July 31, 2016. Third Quarter 2016 Highlights Net sales increased 38% to $248.1 million compared to $180.2 million in Q3 2015 Loss from continuing operations of $4.0 million, driven largely by interest expense related to the debt refinancing, compared to income from continuing operations of $6.5 million in Q3 2015 Adjusted EBITDA increased 32% to $33.1 million versus $25.1 million in Q3 2015 Debt refinancing complete, significantly reducing future annual