Finance News

HOUSTON--(BUSINESS WIRE)--Texas LNG Brownsville LLC ("Texas LNG"), the four million tonnes per annum ("MTPA") liquefied natural gas ("LNG") export terminal being developed in the Port of Brownsville, Texas, by an affiliate of Glenfarne Group, LLC ("Glenfarne"), today announced a significant milestone in assembling a debt financing package of $5.7 billion for the construction of Texas LNG. The project remains on schedule for an early 2026 Final Investment Decision (“FID”). Texas LNG has assemble...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa” (Superior) of Factory Mutual Insurance Company (FMIC) (Johnston, RI) and its subsidiaries, which are collectively referred to as FM or FM Group. At the same time, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a” (Excellent) of Velocity Specialty Insurance Company (VSIC) (Wilmington, Delaware), an affi...

KNOXVILLE, Tenn.--(BUSINESS WIRE)--SmartFinancial, Inc. (“SmartFinancial”) (NYSE: SMBK), the parent company for SmartBank, announced that on January 29, 2026, the board of directors of SmartFinancial declared a quarterly cash dividend of $0.08 per share of SmartFinancial common stock payable on March 2, 2026, to shareholders of record as of the close of business on February 13, 2026. The Board also authorized a stock repurchase plan (the “2026 Repurchase Plan”), pursuant to which SmartFinancial...

NEW YORK--(BUSINESS WIRE)--Simplify is announcing a NAV restatement for its PCR ETF....

DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced the tax treatment of our 2025 common stock distributions, as summarized in the following table. Farmland Partners Inc. CUSIP: 31154R109 EIN: 46-3769850 Farmland Partners Inc. 2025 Dividend Treatment   Common Stock   Dividends Capital Gains Declaration Date Payment Date Record Date Distribution Per Share Distribution Per Share Allocable to 2025 Taxable Ordinary (Box 1a) Qualified (Box 1b)(1) Tota...

NEW YORK--(BUSINESS WIRE)--Rithm Acquisition Corp. (the “Company”) announced today that it had received written notice on January 26, 2026 (the “Notice”) from the New York Stock Exchange (the “NYSE”) that the Company is not in compliance with Section 802.01B of the NYSE Listed Company Manual (the “Listing Rule”) which requires the Company to maintain a minimum of 300 public stockholders on a continuous basis. In accordance with applicable NYSE procedures, the Company has 45 days from receipt of...

DENVER--(BUSINESS WIRE)--The Principal Real Estate Income Fund (NYSE:PGZ) announces the sources of a distribution paid on January 30, 2026 of $0.1050 per share to shareholders of record at the close of business on January 15, 2026, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission and includes the notice below sent to shareholders regarding the source of the distribu...

NEW YORK--(BUSINESS WIRE)--Goldman Sachs Asset Management, L.P., the investment adviser for the Goldman Sachs ActiveBeta® World Low Vol Plus Equity ETF (the “Fund”), announced that the Fund’s Board of Trustees, at the recommendation of Goldman Sachs Asset Management, has approved changes to the Fund’s name, ticker, management fee and underlying index, together with related changes to the investment objective and principal investment strategy. These changes will be effective after the close of b...

NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) (the “Company”) today announced the 2025 tax treatment for the Company’s common stock distributions (CUSIP # 04013V-10-8). Form 1099 Reference: Box 1a Box 1b Box 2a Box 3 Box 5 Record Date Payment Date Cash Distribution Per Share Allocable to 2025 Total Ordinary Dividends Qualified Dividends (1) Total Capital Gain Distributions Nondividend Distributions Section 199A Dividends (1) 12/31/2024 1/15/2025 $0.2500(2) $0.2...

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) today announced the tax treatment of its 2025 common stock and 6.50% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) dividends. The following table summarizes KKR Real Estate Finance Trust Inc.’s common stock and Series A Preferred Stock dividend payments for the tax year ended December 31, 2025: Tax Treatment of 2025 Common Stock Dividends Record Date Payment Dat...