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Globe and Mail
30 minutes ago
- Globe and Mail
Marcus Corporation Increases Quarterly Dividend
Directors of The Marcus Corporation (NYSE: MCS) today declared a regular quarterly cash dividend of $0.08 per share of common stock, a 14% increase from the prior dividend rate of $0.07 per share of common stock. The dividend will be paid September 15, 2025, to shareholders of record on August 25, 2025. 'Throughout Marcus Corporation's 90-year history, we have demonstrated a steadfast commitment to returning capital to our shareholders through consistent quarterly dividend payments. Prior to the pandemic, we proudly delivered 45 consecutive years of dividends – a legacy we resumed in 2022 and strengthened in 2023,' said Gregory S. Marcus, chairman and chief executive officer of Marcus Corporation. "Today, we are pleased to raise the quarterly cash dividend once again thanks to the continued financial performance of our company, the strength of our balance sheet and our Board's confidence in our ability to support a growing dividend.' The Board of Directors also declared a dividend of $0.073 per share on the Class B common stock. The dividend on the Class B common stock, which is not publicly traded, will also be paid September 15, 2025, to shareholders of record on August 25, 2025. About Marcus Corporation Headquartered in Milwaukee, Marcus Corporation is a leader in the lodging and entertainment industries, with significant company-owned real estate assets. Marcus Corporation's theatre division, Marcus Theatres ®, is the fourth largest theatre circuit in the U.S. and currently owns or operates 985 screens at 78 locations in 17 states under the Marcus Theatres, Movie Tavern ® by Marcus and Bistro Plex ® brands. The company's lodging division, Marcus ® Hotels & Resorts , owns and/or manages 16 hotels, resorts and other properties in eight states. For more information, please visit the company's website at
CTV News
30 minutes ago
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Prime Minister scheduled to visit B.C.'s Okanagan Tuesday
Prime Minister Mark Carney listens while touring the Royal Canadian Navy torpedo recovery vessel Sikanni at the Canadian Forces Maritime Experimental and Test Ranges (CFMETR), in Nanoose Bay, B.C., on Monday, August 4, 2025. THE CANADIAN PRESS/Darryl Dyck Prime Minister Mark Carney is scheduled to be in Kelowna, B.C., for an announcement at a lumber facility on Tuesday after attending the Vancouver Pride parade on the weekend and touring a military facility on Vancouver Island on Monday. Carney toured the Canadian Forces Maritime Experimental and Test Ranges facility near Nanoose Bay, outside Nanaimo, with officials from the Canadian Navy. He toured the Royal Canadian Navy vessel Sikanni accompanied by Navy Commander Vice-Admiral Angus Topshee and Commanding Officer Craig Piccolo from the testing facility. Carney on Sunday met with B.C. Premier David Eby and officials from the Vancouver Fraser Port Authority. The prime minister's visit to the province comes amid renewed tensions in the softwood lumber dispute with the U.S., which has placed anti-dumping duties on softwood products that the B.C. Council of Forest Industries has condemned as 'unjustified and punitive trade actions.'
CTV News
30 minutes ago
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London area home sales jump in July
Data from the London St. Thomas Association of Realtors (LSTAR) shows that home sales in the area saw a notable uptick in July Compared to the same month one year ago, sales last month increased by more than 28 per cent. Although the volume of home sales was up, the average value did not see the same increase, declining by a little over half a per cent since July 2024 Factors cited by LSTAR include the unpredictability of the market, as well as the Bank of Canada continuing to hold the policy rate at 2.7 per cent.
