Latest news with #cashdistribution
Globe and Mail
17 hours ago
- Business
- Globe and Mail
Chemtrade Logistics Income Fund Declares June 2025 Distribution
Chemtrade Logistics Income Fund (TSX: today announced that it has declared a cash distribution of $0.0575 per unit for the month of June 2025 payable on July 31, 2025 to unitholders of record at the close of business on June 30, 2025. Holders of units who are non-residents of Canada will be required to pay all withholding taxes payable in respect of any distributions of income by the Fund.
National Post
17 hours ago
- Business
- National Post
Chemtrade Logistics Income Fund Declares June 2025 Distribution
Article content TORONTO — Chemtrade Logistics Income Fund (TSX: today announced that it has declared a cash distribution of $0.0575 per unit for the month of June 2025 payable on July 31, 2025 to unitholders of record at the close of business on June 30, 2025. Article content Holders of units who are non-residents of Canada will be required to pay all withholding taxes payable in respect of any distributions of income by the Fund. Article content Article content Article content Article content Article content Article content Contacts Article content For further information: Article content Rohit Bhardwaj Chief Financial Officer Tel: (416) 496-4177 Article content Article content
Argaam
18 hours ago
- Business
- Argaam
SIIG deposits post-capital cut fractional shares proceeds
Saudi Industrial Investment Group (SIIG) deposited proceeds from selling fractional shares resulting from its recent capital reduction in the accounts of eligible shareholders. In a statement to Tadawul today, June 19, the company said the fractional shares sale ended on June 1. As many as 24,427 shares were sold at a total of SAR 371,576, at an average price of SAR 15.21 apiece. According to Argaam data, SIIG shareholders recently approved a 10% capital cut to SAR 6.79 billion from SAR 7.54 billion at an extraordinary general meeting (EGM), citing excess capital. Shareholders will be compensated for the cancelled shares through a cash distribution of SAR 754.8 million (SAR 10 apiece).
Yahoo
2 days ago
- Business
- Yahoo
Net asset value of the EfTEN United Property Fund as of 31.05.2025
EfTEN United Property Fund earned a net profit of 170 thousand euros in May and 1,32 million euros in the first five months of 2025 (compared to 357 thousand euros in the same time last year). In May, the fund made a cash distribution to investors in the amount of 1.47 million euros, or 57-euro cents per unit. As a result, the fund's net asset value (NAV) decreased by 4,4% and was 11,02 euros per unit at the end of May. Without the distribution the NAV of EfTEN United Property Fund would have increased by 0,6% in May. The fund's largest investment, the EfTEN Real Estate Fund 5, of which EfTEN United Property Fund owns 36.5%, earned a profit of 257 thousand euros in May. Performance of the EfTEN Real Estate Fund 5 was primarily supported by the investment in Kristiine shopping centre, completed in December last year. As of the end of May, the centre's vacancy rate was just 0.17%, and the equity value of EfTEN Kristiine OÜ, increased by 1,1% in a month. In the fund's development investment in Uus-Järveküla, one terraced house was handed over to clients (a real right agreement was concluded) in May. The development company Invego Uus-Järveküla OÜ, of which the EfTEN United Property Fund owns 80%, earned 7.7 thousand euros in profit in May. In addition, EfTEN United Property Fund earned 38.3 thousand euros in interest income from this investment. The completion of the next development stage (17 terraced houses) is planned for July, and the signing of real right agreements for most of the 16 terraced houses that have already been booked by clients started in June. Thereafter 5 finished terraced houses in the development remain unsold. The completion of the last stage of development (32 terraced houses) is expected to be completed in the first quarter of 2026. A more detailed overview of EfTEN United Property Fund's portfolio can be found on the fund's website: Kristjan Tamla Managing Director Phone: 655 9515 E-mail: Attachment EUPF_dashboard_052025Effettua l'accesso per consultare il tuo portafoglio
Yahoo
2 days ago
- Business
- Yahoo
ArrowMark Financial Corp. Announces Q1 2025 Results and Cash Distribution of $0.45 per Share for the Second Quarter 2025
DENVER, June 17, 2025 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (Nasdaq: BANX) ("ArrowMark Financial" or the "Company"), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a cash distribution of $0.45 per share for the second quarter 2025. The total distribution of $0.45 per share will be payable on June 27, 2025 to shareholders of record on June 23, 2025. 'We are very pleased to announce the net income for Q1 2025 was $0.58 per share, well in excess of the quarterly distribution amount of $0.45 per share. Over the past four years, the Fund has consistently over-earned its quarterly distribution rate. This has allowed the Fund to deliver on its objective to provide shareholders with consistent income,' said Chairman & CEO Sanjai Bhonsle. About ArrowMark Financial Corp. ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on the NASDAQ Global Select Market under the symbol 'BANX.' Its investment objective is to provide shareholders with current income. The Fund pursues its objective by investing primarily in regulatory capital securities of financial institutions. ArrowMark Financial is managed by ArrowMark Asset Management, LLC. To learn more, visit or contact the Fund's secondary market service agent at 877-855-3434. Disclaimer and Risk Factors: There is no assurance that ArrowMark Financial will achieve its investment objective. ArrowMark Financial is subject to numerous risks, including investment and market risks, management risk, income and interest rate risks, banking industry risks, preferred stock risk, convertible securities risk, debt securities risk, liquidity risk, valuation risk, leverage risk, non-diversification risk, credit and counterparty risks, market at a discount from net asset value risk and market disruption risk. Shares of closed-end investment companies may trade above (a premium) or below (a discount) their net asset value. Shares of ArrowMark Financial may not be appropriate for all investors. Investors should review and consider carefully ArrowMark Financial's investment objective, risks, charges and expenses. Past performance does not guarantee future results. The Annual Report, Semi-Annual Report and other regulatory filings of the Fund with the SEC are accessible on the SEC's website at and on the Fund's website at Contact: BANX@ Destra Capital Advisors LLC (877) 855-3434 Destra Capital Advisors LLC provides secondary market services for the Fund by agreement.
