Industry News

Manulife Financial Corporation has declared a quarterly shareholders' dividend of CAD0.185 per share on the common shares of Manulife Financial Corporation, the company said. The dividend is payable on and after September 19, 2016 to shareholders of record at the close of business on August 16, 2016.. The board declared dividends on its non-cumulative preferred shares, payable on or after September 19, 2016 to shareholders of record at the close of..."/>
Manulife Financial declares dividends
National Bank Holdings Corporation has approved a quarterly cash dividend to shareholders of USD0.05 per share, the company said. The dividend is payable on September 15, 2016 to shareholders of record at the close of business on August 26, 2016.. National Bank Holdings Corporation is a bank holding company that operates a network of 91 banking centers located in Colorado, the greater Kansas City region and Texas."/>
National Bank declares quarterly dividend
Shore Bancshares, Inc. has declared a quarterly common stock dividend in the amount of USD0.03 per share, the company said. The dividend is payable August 31, 2016 to stockholders of record on August 15, 2016.. Shore Bancshares, Inc. is a financial holding company headquartered in Easton, Maryland and the parent company of Shore United Bank."/>
Shore Bancshares declares quarterly dividend
Federal Agricultural Mortgage Corporation has declared a third quarter dividend of USD0.26 per share for each of Farmer Mac's three classes of common stock, the company said. The quarterly dividend is payable on September 30, 2016 to holders of record of common stock as of September 15, 2016 on Class A voting common stock, Class B voting common stock, and Class C non-voting common stock. Farmer Mac's board of directors has also declared a dividend on each..."/>
Farmer Mac declares dividends
American Capital Senior Floating, Ltd. has declared monthly cash distributions of USD0.097 per share of common stock for August, September and October of 2016, the company said. The monthly cash distributions will be paid on September 2, October 4 and November 2 to common stockholders of record as August 23, September 22, October 21, respectively. American Capital Senior Floating, Ltd. is a non-diversified closed-end investment management company..."/>
American Capital declares monthly cash distributions
National Health Investors, Inc. announced today that it will pay a third quarter dividend of$. 90 per common share on November 10, 2016 to shareholders of record as of September 30, 2016.. Incorporated in 1991, National Health Investors, Inc. is a real estate investment trust specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. NHI’ s portfolio consists..."/>
NHI Announces Third Quarter Dividend
National Health Investors, Inc. announced today its Funds From Operations, its Normalized Funds From Operations, its Normalized Adjusted Funds From Operations, its Normalized Funds Available for Distribution and net income attributable to common stockholders for the three months and six months ended June 30, 2016.. Announced $337.0 million in acquisitions and loans year-to-date; $27.6 million in dispositions Normalized AFFO up 8.9% quarter over..."/>
NHI Announces Second Quarter 2016 Results
Stellus Capital Investment Corporation today announced financial results for its second fiscal quarter ended June 30, 2016.. HIGHLIGHTS As of Portfolio results June 30, 2016---------------------------------------------------------------------------- Total assets $366.1 Investment portfolio, at fair value $350.8 Net assets $163.7 Weighted average yield on debt investments 10.7% Net asset value per share $13.12 Quarter Quarter ended ended June 30, 2016 June 30, 2015---------------------------------------------------------------------------- Portfolio activity Total investments made, at par $12.8 $38.9..."/>
Stellus Capital Investment Corporation Reports Results for Its Second Fiscal Quarter Ended June 30, 2016
GMP Capital Inc., our results for second quarter 2016 and the meaning of certain references, this earnings release should be read in conjunction with our unaudited interim condensed consolidated financial statements as at and for the three and six months ended June 30, 2016, and our management's discussion and analysis for the three and six months ended June 30, 2016, which..."/>
GMP Capital Inc. reports second quarter 2016 results
Willis Towers Watson, a leading global advisory, broking and solutions company, today announced financial results for the second quarter of 2016, which ended June 30, 2016. On January 4, 2016, the merger of Willis..."/>
Willis Towers Watson Reports Second Quarter Earnings
Preferred Apartment Communities Inc on Thursday declared a common stock dividend of USD0.2025 per share for the third quarter of 2016, as authorised by its board of directors. This dividend will be paid on 14 October 2016 to stockholders of record on 15 September 2016.. A Maryland corporation, Preferred Apartments acquires and operates multifamily properties in select markets in the US."/>
Preferred Apartment Communities declares USD0.2025 per share dividend for Q3 2016
TMB slashes lending growth outlook [Bangkok Post, Thailand]
Empire State Realty Trust today announced a new elevator experience for visitors to the Empire State Building. One-of-a-kind mini-shows with sound, created by design studio Imaginary Forces, will play on the ceiling of the elevator cars both on the ascent to and descent from the world-famous 86th Floor Observatory. The shows are to be unveiled at 6 p.m."/>
Empire State Building Soars to New Heights with Exciting New Elevator Experience Exclusively for Observatory Visitors | Empire State Realty Trust
Far East Consortium International Limited is delighted to announce that the Group was appointed as the developer for a prime residential site located near Victoria Station at Manchester, the United Kingdom, by Manchester Place and The Co-operative Group. FEC intends to deliver more than 600 new homes as part of the NOMA neighbourhood and reinvigorate the historic Angel Meadow Park. Totalling approximately 9,591 square metres across four..."/>
FEC Appointed as the Developer for Angel Meadow Site at NOMA, One of the Major Residential Growth Areas for Manchester in the UK
Weyerhaeuser Reports Second Quarter Results
Mytrah Energy Ltd Thursday said GE Energy Financial Services will invest $31 million in a 200 MW wind energy project it is developing in Andhra Pradesh. Holdings B.V., an investment vehicle of GE, will invest up to 49% of the capital in Mytrah Vayu Pvt. Ltd, a subsidiary of Mytrah Energy."/>
GE to invest up to $31 million in Mytrah wind energy project [Mint, New Delhi]
Coromandel International Ltd and Gujarat State Fertilizers and Chemicals Ltd. Net profit of both the companies roughly halved in the June quarter as price cuts forced them to write down the value of inventories. "Sharp correction in fertilizer prices ahead of the consumption season has impacted pipeline stocks..."/>
How govt intervention made a bad quarter worse for Coromandel, GSFC [Mint, New Delhi]
Kingfisher Airlines is a case in point. Unlike retail loans, where banks repossess a defaulter's car or house and auction them off to recover their advance, data shows that banks have found it difficult to find buyers for large assets like factories and offices."/>
Why banks can't find buyers for stressed assets [Mint, New Delhi]

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