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SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR JUNE 2025
Prnewswire· 2025-06-06 12:00
DALLAS, June 6, 2025 /PRNewswire/ -- Argent Trust Company, as Trustee of the Sabine Royalty Trust (NYSE: SBR), today declared a cash distribution to the holders of its units of beneficial interest of $0.426490 per unit, payable on June 30, 2025, to unit holders of record on June 16, 2025. Sabine's cash distribution history, current and prior year financial reports and tax information booklets, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://w ...
Pathward (CASH) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-06-03 17:01
Investors might want to bet on Pathward Financial (CASH) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The p ...
BTQ Technologies Unveils Breakthrough Performance of CASH Architecture, Paving the Way for the Future of Quantum-Secure Devices
Prnewswire· 2025-06-02 11:30
BTQ's CASH architecture delivers industry-leading cryptographic performance, processing up to 1 million digital signatures per second and executing encryption tasks up to 5x faster than competing solutions. CASH is compact, energy-efficient, and post-quantum ready, supporting both today's standard encryption and next-generation quantum-safe algorithms in a single, integrated system. With applications across payments, IoT, identity, and telecom, CASH positions BTQ Technologies at the forefront of securing g ...
All That Fuss For What? - April Dividend Income Report
Seeking Alpha· 2025-05-23 13:20
My name is Mike and I’m the author of The Dividend Guy Blog & The Dividend Monk along with the owner and portfolio manager here at Dividend Stocks Rock (DSR). I earned my bachelor degree in finance-marketing, own a CFP title along with an MBA in financial services. Besides being a passionate investor, I’m also happily married with three beautiful children. I started my online venture to educate people about investing and to be able to spend more time with my family. I started my career in the financial indu ...
OLD REPUBLIC DECLARES SECOND QUARTER REGULAR CASH DIVIDEND OF 29 CENTS PER SHARE
Prnewswire· 2025-05-23 11:00
CHICAGO, May 23, 2025 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced its Board of Directors has declared a regular quarterly cash dividend of 29 cents per share. This dividend is payable on June 16, 2025 to shareholders of record on June 6, 2025. Subject to Board approval of each quarter's new rate, the full year's cash dividend will amount to $1.16 per share compared to $1.06 per share paid in 2024, a 9.4% increase.2025 marks the 44th consecutive year that Old Republic ...
SERVICE CORPORATION INTERNATIONAL DECLARES QUARTERLY CASH DIVIDEND AND INCREASES SHARE REPURCHASE AUTHORIZATION
Prnewswire· 2025-05-06 15:26
HOUSTON, May 6, 2025 /PRNewswire/ -- Service Corporation International (NYSE: SCI), the largest provider of deathcare products and services in North America, today announced that its Board of Directors has approved a quarterly cash dividend of thirty-two cents per share of common stock.  The quarterly cash dividend announced today is payable on June 30, 2025 to shareholders of record at the close of business on June 13, 2025.  While the Company intends to pay regular quarterly cash dividends for the foresee ...
LUCA'S CASH BALANCE SURGES TO US$21 MILLION THROUGH WARRANT EXERCISE AND CASH FLOW
Prnewswire· 2025-04-28 11:00
VANCOUVER, BC, April 28, 2025 /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company") (TSX-V: LUCA; OTCQX: LUCMF; Frankfurt: Z68) is pleased to announce that Luca investors, including certain insiders, have exercised an aggregate of 38.8 million share purchase warrants worth USD$14.0 million (CAD$19.8 million). The Company has substantially reduced its debt by USD $8.4 million since January 1, 2025, resulting in a current debt balance of USD $8.5 million. Luca's total cash and cash equivalents balance (i ...
Pathward (CASH) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2025-04-22 23:06
Pathward Financial (CASH) reported $262.87 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 6.3%. EPS of $3.11 for the same period compares to $2.56 a year ago.The reported revenue represents a surprise of +2.24% over the Zacks Consensus Estimate of $257.11 million. With the consensus EPS estimate being $2.71, the EPS surprise was +14.76%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to W ...
Pathward Financial(CASH) - 2025 Q2 - Earnings Call Transcript
2025-04-22 22:48
Financial Data and Key Metrics Changes - The company reported earnings of $3.11 per share for the March quarter, representing year-over-year growth of 21% and net income of $74.3 million [9] - Non-interest income increased by 7% and net interest income grew by 5% compared to the same quarter last year [9] - The net interest margin for the quarter was 6.50%, up from 6.23% in the prior year period, with an adjusted net interest margin expanding by 33 basis points [21] Business Line Data and Key Metrics Changes - Non-interest income related to refund transfer products and refund advance products increased by 13% each, with total tax services revenues reaching $85 million, a growth of 17% year-over-year [13] - Pre-tax income for tax services grew by 29% to $47.6 million, indicating stable growth and solid results in this segment [14] - Loans and leases at March 31 were $4.5 billion, a slight increase from $4.4 billion last year, representing significant growth when excluding insurance premium finance loans [26] Market Data and Key Metrics Changes - The company operated with over 42,000 independent tax offices, a new record, contributing to strong performance during the tax season [12] - Deposits held on the company's balance sheet declined from a year ago, with custodial deposits at partner banks at $1.1 billion, down from $1.2 billion [25] Company Strategy and Development Direction - The company is focused on balance sheet optimization, allowing it to generate revenue without needing to grow its balance sheet [8] - A strategic partnership was established to support renewable energy loan growth, which is expected to accelerate growth within this initiative [15] - The company aims to be a trusted platform for partners, enhancing operational effectiveness and market share in the tax business [18] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the tax business continuing to perform well, although growth may not be as rapid as in the current year [35] - The company is not seeing any deterioration in credit quality and expects to benefit from higher-quality companies seeking funding during economic downturns [40] - Fiscal year 2025 EPS guidance was revised to a range of $7.40 to $7.80, reflecting confidence in continued performance [29] Other Important Information - The company repurchased approximately 576,000 shares at an average price of $78.11, bringing year-to-date repurchases to almost 1.3 million shares [29] - Liquidity remains strong with almost $3.9 billion available, higher than the previous year [28] Q&A Session Summary Question: Future of the tax business and market share growth - Management indicated that operational effectiveness and market share improvements are ongoing, with expectations for continued performance despite potential slower growth [35] Question: Commercial finance business outlook amid macro uncertainty - Management noted no deterioration in credit quality and expressed optimism about growth opportunities, particularly in working capital lending [40] Question: Capital return strategy and buyback program - Management confirmed plans to maintain buybacks at a level of 80% to 90% for the remainder of the year while targeting a tier one leverage ratio closer to 10% [46] Question: Changes in activity since economic shifts - Management reported no measurable changes in consumer behavior, as the business primarily serves essential needs [50] Question: New partnership for loan origination - Management provided details on a new partnership focused on online consumer term loans, emphasizing careful monitoring of credit exposure [53] Question: Margin outlook and potential rate cuts - Management explained that while rate cuts could have a minor impact, the overall balance sheet management strategy remains robust [62] Question: Opportunities from market disruptions - Management stated that the current market dynamics are creating opportunities, allowing the company to selectively pursue advantageous deals [65]
Pathward Financial (CASH) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2025-04-22 22:25
Core Viewpoint - Pathward Financial (CASH) reported quarterly earnings of $3.11 per share, exceeding the Zacks Consensus Estimate of $2.71 per share, and showing an increase from $2.56 per share a year ago, indicating a strong performance in the recent quarter [1][2] Financial Performance - The company achieved revenues of $262.87 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.24% and up from $247.25 million year-over-year [2] - Pathward has consistently outperformed consensus EPS estimates over the last four quarters, achieving this four times [2] Stock Performance - Pathward shares have declined approximately 4.4% since the beginning of the year, while the S&P 500 has seen a decline of 12.3%, indicating relative outperformance [3] Future Outlook - The company's earnings outlook will be crucial for determining the stock's immediate price movement, with current consensus EPS estimates at $1.82 for the coming quarter and $7.55 for the current fiscal year [4][7] - The estimate revisions trend for Pathward is currently mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Banks - Northeast industry, to which Pathward belongs, is currently ranked in the top 25% of over 250 Zacks industries, indicating a favorable industry outlook [8]