Tag: financials
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Fed’s moves continue to harm community banks
One size fits all approach to anything saves some but kills others. So goes the Federal Reserve’s policy of continually raising interest rates in an effort to curb inflation. While the “too big to fail” banks get plenty of help from the federal government small institutions struggle to compete. Hopefully the fed can slow down…
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Bank OZK $OZK raises dividend by 2.9%
Bank OZK (the “Bank”) (Nasdaq: OZK) announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.36 per share, up $0.01, or 2.86% from the prior quarter. The common stock dividend is payable on July 21, 2023 to shareholders of record as of July 14, 2023. Bank OZK has increased its quarterly cash dividend on its common stock…
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Arrow Financial (AROW) risks NASDAQ delisting
Arrow Financial, a regional bank in New York, faces the risk of being delisted from the NASDAQ stock exchange after failing to file its 2022 annual report and its first quarterly report with the SEC on time. The bank was to submit a plan to NASDAQ by June 2, 2023 to show how it will…
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CIBC raises dividend by 2.4%, continuing it’s streak to 13 years
CIBC (TSX: CM) (NYSE: CM) announced today that its Board of Directors declared a dividend of $0.87 per share on common shares for the quarter ending July 31, 2023, an increase of $0.02 per share from the previous quarter. This dividend is payable on July 28, 2023 to shareholders of record at the close of business on June 28, 2023. CIBC
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Arrow Financial (AROW) declares 3% dividend increase
The Board of Directors of Arrow Financial Corporation (NasdaqGS® – AROW) on May 3, 2023, declared a quarterly cash dividend of $0.27 per share payable June 15, 2023, to shareholders of record on June 2, 2023. This represents a 3.0% increase over the cash dividend paid in the second quarter of 2022, as a result…
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Sixth Street announces Special Dividend of $0.04 per share
Sixth Street Specialty Lending, Inc. Reports First Quarter 2023 Earnings Results; Declares a Second Quarter Base Dividend Per Share of $0.46, and a First Quarter Supplemental Dividend Per Share of $0.04 Sixth Street Specialty Lending