TechnipFMC Announces Record and Distribution Dates for Separation into Two Industry-leading, Independent, Publicly Traded Companies
édité le 04/02/2021 - Plus de news de TechnipFMC - Voir la fiche entreprise de TechnipFMC
TechnipFMC plc today announced the timing and details regarding its previously announced separation into two industry-leading, independent, publicly traded companies: TechnipFMC, a fully integrated technology and services provider; and Technip Energies, a leading engineering and technology player (Technip Energies). The transaction is structured as a spin-off of a majority stake in TechnipFMCs Technip Energies segment in the form of a share dividend pursuant to which holders of TechnipFMC shares will receive shares of Technip Energies (the Spin-off).
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DENVER, Dec. 16, 2020 /PRNewswire/ The Reaves Utility Income Fund (NYSE MKT: UTG) announced today the next three monthly dividends at a rate of $0.18 per common share per month, unchanged from the per share rate paid for the previous quarter. As of December 11, 2020, the Fund s market price was $32.75 per share and its net asset value was $32.40 per share.
Tim Porter, the Fund s portfolio manager and Chief Investment Officer of Reaves Asset Management, the Fund s investment adviser, commented, high-quality utility and communications companies have weathered the economic storm of the past year and continue to pay consistent and growing income streams for Fund shareholders.