DBRG - Dividend announcements

Data Center Platform Sale to Igneo Infrastructure Partners Highlights Landmark's Capabilities in Digital Infrastructure Investment Management Landmark Dividend ("Landmark"), a leading acquirer, developer and manager of digital infrastructure real property, today announced the successful sale, alongside CVC DIF and Northleaf Capital Partners ("Northleaf"), of Vault Digital Infrastructure's ("Vault") US data center portfolio to Igneo Infrastructure Partners, the direct infrastructure business of First Sentier Investors. Landmark served as manager of Vault, a joint venture owned by CVC DIF (49%), Northleaf (49%), and Landmark (2%). Over the life of the platform, Landmark was responsible fo

Vault Digital Infrastructure ("Vault") is a joint venture owned by CVC DIF (49%), Northleaf (49%), and Landmark Dividend (2%) Over the last seven years, CVC DIF's local North American team and Northleaf have built an attractive, diversified portfolio of strategic data center assets in core US markets, with 75MW of critical capacity The transaction demonstrates CVC DIF and Northleaf's ability to deliver value creation initiatives as well as develop timely exit options to ensure consistent return of capital to their investors CVC DIF, the infrastructure strategy of leading global private markets manager CVC, and Northleaf Capital Partners ("Northleaf"), a global private markets inve

DigitalBridge Group, Inc. ("DigitalBridge" or the "Company") (NYSE:DBRG) today announced that its Board of Directors has reinstated the Company's quarterly dividend, declaring a cash dividend of $0.01 per share. The dividend will be payable on October 17, 2022 to shareholders of record at the close of business on September 30, 2022. "We are pleased to follow through on another commitment to our shareholders and reinstate our quarterly cash dividend," said Marc Ganzi, CEO of DigitalBridge. "Successful execution against our strategic objectives has strengthened DigitalBridge's cash flow profile and significantly improved our long-term earnings potential. While management continues to priorit

PLDT Group announces landmark sale and leaseback towers deal of PHP 77 billionMajor investment by international tower operators represents a strong endorsement of the country's recovery from the pandemic and its long-term growth prospectsSignificant efficiencies and improved connectivity to benefit all FilipinosSmart's customers to enjoy superior network quality, improved resilience, and even better customer experienceSupports the Philippine DICT's goal of improving tower density  MANILA, Philippines, April 19, 2022 /PRNewswire/ -- The country's largest integrated telco, PLDT Inc. ("PLDT") (PSE: TEL) (NYSE:PHI), announced today that its subsidiaries, Smart Communications, Inc. ("Smart") and

DigitalBridge Group, Inc. (NYSE:DBRG) ("DigitalBridge" or the "Company") today announced that it is redeeming 2,560,000 shares (the "Redeemed Shares"), representing approximately 22.3% of the 11,500,000 issued and outstanding shares of 7.125% Series H Cumulative Redeemable Perpetual Preferred Stock (NYSE:DBRG) (the "Series H Preferred Shares") with a total liquidation preference of $64,000,000. "With this latest redemption, we will have reduced our preferred stock outstanding by over $140 million since July," said Jacky Wu, CFO of DigitalBridge. "We look forward to continuing to drive corporate cash flows by reducing our effective cost of capital as we leverage the strong growth in our inv

Redemption to be Funded by Recent Lower-Cost Securitized Notes Offering, Generating Significant Corporate Savings DigitalBridge Group, Inc. (NYSE:DBRG) ("DigitalBridge" or the "Company") today announced that it is redeeming all of its 3,450,000 outstanding shares of 7.500% Series G Cumulative Redeemable Perpetual Preferred Stock (NYSE:DBRG) (the "Series G Preferred Shares") with a total liquidation preference of $86,250,000. "We have highlighted lowering our corporate cost of capital as a key priority and redemption of higher cost securities as one of the uses of our recent $500 million securitized notes offering," said Jacky Wu, Executive Vice President and Chief Financial Officer of Dig