Tag: financials
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Bank OZK (OZK) increases dividend by 2.5%
Bank OZK (the “Bank”) (Nasdaq: OZK) announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.41 per share, up $0.01, or 2.5% from the prior quarter. The common stock dividend is payable on October 18, 2024 to shareholders of record as of October 11, 2024. Bank OZK has increased its quarterly cash dividend on its common stock…
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Oaktree Specialty Lending pressured by mounting non-accrual loans
Oaktree Specialty Lending (OSCL), a business development company (BDC) that provides credit solutions to middle-market companies, has faced rising challenges with an increasing number of troubled investments. Non-accrual loans, where borrowers have stopped making interest payments, now represent 5.7% of the firm’s portfolio, up from 2.7% in the previous quarter, contributing to write-downs totaling $182…
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Capital Southwest (CSWC) increases dividend by 1.8%, declares special dividend $0.06 per share
Dividends: Paid $0.57 per share Regular Dividend and $0.06 per share Supplemental Dividend 122% LTM Pre-Tax NII Regular Dividend Coverage Total Dividends for the quarter ended June 30, 2024 of $0.63 per share Board of Directors approved an increase of the Regular Dividend to $0.58 per share and a Supplemental Dividend of $0.06 per share for the quarter ended September 30, 2024 Capital Southwest
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1st Source Corp (SRCE) increases dividend by 5.9% over previous payout
At its July 2024 meeting, the Board of Directors approved an increase in the cash dividend of two cents per share, raising the approved dividend for the quarter to $0.36 per common share, up 12.50% from the cash dividend declared a year ago. The cash dividend is payable to shareholders of record on August 5,…
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Cullen Frost (CFR) increases dividend by 3.3%
The Cullen/Frost board declared a third-quarter cash dividend of $0.95 per common share, representing a 3.3 percent increase compared to the previous quarterly dividend of $0.92 per share. The dividend on common stock is payable September 13, 2024 to shareholders of record on August 30 of this year. The board of directors also declared a…
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Community Trust Bancorp (CTBI) increases dividend by 2.2%, its 44th consecutive annual increase
On July 23, 2024, the Board of Directors of Community Trust Bancorp, Inc. (NASDAQ: CTBI) increased its quarterly cash dividend to $0.47 per share beginning with the October 1, 2024 payment to shareholders of record on September 15, 2024. This represents an increase of 2.2% in the quarterly cash dividend. “We are pleased to have…