On Friday, Pengrowth Energy Corp (USA) (NYSE:PGH)’s shares declined -4.41% to $0.975.
Pengrowth Energy Corporation (PGH) declared that its September 15, 2015 cash dividend will be Cdn $0.02 per common share. The ex-dividend date is August 20, 2015. The dividend will be payable to all shareholders who hold Pengrowth shares at the close of business on the record date of August 24, 2015.
The dividend of Cdn $0.02 per common share is equivalent to about U.S. $0.015 per common share using a Canadian/U.S. dollar exchange rate of Cdn $1.00:U.S. $0.765. The actual U.S. dollar equivalent of the dividend will be based upon the actual Canadian/U.S. dollar exchange rate in effect on the payment date, net of applicable Canadian withholding taxes for U.S. residents who hold their Pengrowth shares in taxable accounts.
The above dividend has been designated as an “eligible dividend” for Canadian income tax purposes. Pengrowth’s dividends are also considered “qualified dividends” for U.S. income tax purposes.
Pengrowth Energy Corporation engages in the acquisition, development, exploration, and production of oil and natural gas assets in the Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada. It primarily explores for crude oil, bitumen, natural gas, and natural gas liquids. The company’s assets comprise Cardium light oil, Lindbergh thermal, and Swan Hills light oil projects.
Marsh & McLennan Companies, Inc. (NYSE:MMC)’s shares gained 0.91% to $54.09.
Marsh & McLennan Agency LLC (MMA), the middle market agency partner of Marsh, recently declared that it has attained Tequesta Insurance Advisors, a leading personal, commercial, and employee benefits insurance provider in Florida. Terms of the transaction were not revealed.
With about $10 million in annual revenues and 50 employees, Tequesta adds additional property/casualty capabilities and personal lines expertise to MMA’ s Florida region. All of Tequesta’s employees are joining MMA and will continue to operate out of the agency’s Tequesta, Florida office.
Marsh & McLennan Companies, Inc., a professional services firm, provides advice and solutions primarily in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services; and Consulting. The Risk and Insurance Services segment offers risk administration services, such as risk advice, risk transfer, risk control, and mitigation solutions, in addition to insurance, reinsurance broking, catastrophe and financial modeling services, and related advisory services. This segment provides its services for businesses, public entities, insurance companies, associations, professional services organizations, and private clients.
At the end of Friday’s trade, Lennar Corporation (NYSE:LEN)‘s shares surged 1.97% to $52.24.
Lennar Corporation (NYSE:LEN and LEN.B), one of the nation’s largest homebuilders, declared recently that the Company will release earnings for the third quarter ended August 31, 2015 before the market opens on September 21, 2015. Additionally, the Company will hold a conference call on September 21, 2015 at 11:00 a.m. Eastern Time.
Lennar Corporation, together with its auxiliaries, engages in the homebuilding activities in the United States. The company operates through Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida, Homebuilding Houston, Financial Services, Rialto, and Lennar Multifamily segments. Its homebuilding activities primarily comprise the construction and sale of single-family attached and detached homes to first-time, move-up, and active adult homebuyers, in addition to the purchase, development, and sale of residential land.
AFLAC Incorporated (NYSE:AFL), ended its Friday’s trading session with 0.78% gain, and closed at $58.14.
Aflac, the leading provider of voluntary insurance at the work site in the United States, has partnered with LifeHealthPro to conduct a three-part webinar series, “Thrive from 2015 to 2025,” startning tomorrow. The three-part webinar series aims to address the ongoing changes in the health insurance industry resulting from the Affordable Care Act (ACA) and how brokers can take advantage of their new role as health benefits advisors.
The webinars will take place on Thursday, Sept. 10; Thursday, Oct. 8 and Thursday, Oct. 22 at 2 p.m. Eastern. Participants in this three-part leadership series will learn more on the following topics:
- The new, game-changing model for selling voluntary
Thursday, Oct. 8, 2015
David Fisher, voluntary benefits specialist, and Justin Phipps, employee benefits broker at Gus Bates Insurance & Investments, will provide perspectives about why and how brokers who elevate voluntary benefits to be part of the overall benefits model and strategy are most likely to enhance their client base and sales. - Grasping the essential solutions to win tomorrow
Thursday, Oct. 22, 2015
Susan Combs, president of Combs & Company, will explain how innovative strategies can assist brokers remain competitive. She will also share the best tools to provide incremental value to brokers’ clients.
Aflac Incorporated, through its partner, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers various voluntary supplemental insurance products, counting cancer plans, general medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans, and annuities in Japan.
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