Finance News

IRVINE, Calif.--(BUSINESS WIRE)--American Healthcare REIT, Inc. (NYSE: AHR; the “Company”) announced today the pricing of an underwritten public offering of 14,000,000 shares of its common stock, all of which are being offered in connection with the forward sale agreement described below. The aggregate gross proceeds to the Company from the offering, before deducting estimated offering expenses, are expected to be approximately $705.6 million. The offering is expected to close May 22, 2026, sub...

NEW YORK--(BUSINESS WIRE)--Oceanhawk Acquisition Corp. (Nasdaq: OHAC) (the “Company”) today announced the pricing of its upsized initial public offering of 16,000,000 units at $10.00 per unit. The units are expected to be listed on the Nasdaq Stock Market (“Nasdaq”) and trade under the ticker symbol “OHACU” beginning May 21, 2026. Each unit consists of one Class A ordinary share and one right to receive one-fourth of one Class A ordinary share upon the consummation of an initial business combin...

NEW DELHI & MIAMI--(BUSINESS WIRE)--I Squared Capital ("I Squared"), a leading global infrastructure investment manager, today announced the launch of Cube Grid, a new power transmission platform targeting India's rapidly expanding electricity grid. I Squared expects to deploy up to USD $1 billion of equity capital into Cube Grid to acquire and build a scaled portfolio of high-quality transmission assets across India. Consistent with I Squared's platform-building approach, Cube Grid has signed...

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Franklin Templeton announced today that certain closed-end funds have declared distributions pursuant to their managed distribution policy for the next three months. Effective with the July distribution, the Fund has increased the monthly distribution from $0.0475 per share per month to $0.0540 per share per month. Month Record Date Ex-Dividend Date Payable Date July 7/24/2026 7/24/2026 7/31/2026 August 8/24/2026 8/24/2026 8/31/2026 September 9/23/2026 9/...

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Franklin Templeton announced today that certain closed-end funds have declared distributions pursuant to their managed distribution policy for the quarter. Effective with the June distribution, the Funds have increased their quarterly distribution, as follows: Templeton Dragon Fund, Inc. from $0.1000 per share per quarter to $0.1500 per share per quarter. Templeton Emerging Markets Fund from $0.2200 per share per quarter to $0.2400 per share per quarter....

NEW YORK--(BUSINESS WIRE)--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA, SPME), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today is pleased to announce the declaration of distributions on shares of the Company’s common and preferred stock for the second fiscal quarter 2027 (third calendar quarter of 2026). The Company is declaring a monthly distribution of $0.20 per share o...

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (the “Company”) [NYSE:BEN] announced a quarterly cash dividend in the amount of $0.33 per share payable on July 10, 2026 to stockholders of record holding shares of common stock at the close of business on June 29, 2026. The quarterly dividend of $0.33 per share is equivalent to the dividend paid for the prior quarter and represents a 3.1% increase over the quarterly dividend paid for the same quarter last year. About Franklin Templet...

HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. (the “Company”) (NYSE: STEL) announced today that on May 20, 2026, its Board of Directors declared a quarterly cash dividend of $0.15 per share of common stock payable on June 26, 2026, to the shareholders of record at the close of business on June 15, 2026. About Stellar Bancorp, Inc. Stellar Bancorp, Inc. is a bank holding company headquartered in Houston, Texas. The Company’s principal banking subsidiary, Stellar Bank, provides a diversified ra...

TORONTO--(BUSINESS WIRE)--PIMCO Canada Corp. (“PIMCO Canada”) is pleased to announce today that it has declared monthly distributions on its Class A Units (the “Units”) of the PIMCO Canada closed end funds (the “Funds”). The distributions will be paid on June 12, 2026 to the holders of record at the close of business on May 29, 2026. Details of the distribution amounts are as follows: Fund Name Ticker Cash Distribution per Unit Change from Previous Month Percentage Change from Previous Month PI...

CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) announced today that the Company's Board of Directors has declared a cash dividend of $.46 per share to shareholders of record June 15, 2026, payable June 30, 2026. Investors Title Company is a publicly held North Carolina company whose stock is traded on The Nasdaq Global Select Market. Investors Title Company is engaged in the business of issuing and underwriting title insurance policies. The Company also provides serv...