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F.N.B. Corporation Invests in Initiatives Serving the Hill District Community of Pittsburgh, Pennsylvania
April 27, 2021 GMT
PITTSBURGH, April 27, 2021 /PRNewswire/ F.N.B. Corporation (NYSE: FNB) announced the expansion of its commitment to drive economic development in the Hill District community of Pittsburgh, PA, with a significant investment in programs aiming to connect local businesses and entrepreneurs with essential funding.
Highlighting FNB’s commitment is a $5 million investment in the launch of its new, proprietary Hill District Gap Lending Program, which is designed to address financing gaps for real estate projects in the community. FNB will provide loans of up to $400,000 and flexible lending parameters for local businesses that require additional funding to complete a capital structure so they can move forward with developing or redeveloping community assets. With an emp
F N B Corporation Invests in Initiatives Serving the Hill District Community of Pittsburgh, Pennsylvania
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The VanEck Vectors
® Real Asset Allocation ETF (“RAAX”) returned +2.29% versus -2.15% for the Bloomberg Commodity Index. March was another strong month for RAAX. The largest contributors to performance, from largest to smallest, were income assets with a return of +5.66%, financial assets with a return of +2.72% and resource assets, with a return of +0.48%.
President Joe Biden recently announced an ambitious $2.3 trillion spending plan to upgrade the nation’s bridges, roads, schools and more. This level of investment is going to require a lot of natural resources to complete. This combined with the unprecedented monetary support from the U.S. Federal Reserve (Fed) and the other aggressive fiscal support programs, is creating strong inflationary pressures. In our view, this leads to a very nice outlook for real assets and, more specifically, RAAX.
April 20, 2021
Dividends and value are two avenues for reducing some of the turbulence associated with emerging markets investing. The
EDOG tracks the performance of the S-Network Emerging Sector Dividend Dogs Index. The index is comprised of the highest paying stocks, or “Dividend Dogs,” from the S-Network Emerging Markets Index, which holds large cap, emerging market stocks. The Dividend Dogs include the five stocks in each of the ten Global Industry Classification Standard sectors that make up the S-Network Emerging Markets.
“The road to successful investing in emerging markets is littered with potholes, speed bumps, and tolls. The risks facing investors in these markets are many and acute,” notes Morningstar analyst Daniel Sotiroff. “Over the 10 years through March 2021, the standard deviation of the MSCI Emerging Markets Index was 27% higher than the MSCI World Index–a proxy for global developed-markets stocks.”
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PITTSBURGH, April 20, 2021 /PRNewswire/ F.N.B. Corporation (NYSE: FNB) today announced it declared a declared a quarterly cash dividend of $18.13 per share (equivalent to $0.45325 per depositary share or 1/40
th interest per share) on F.N.B. Corporation s Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: FNB PRE). The dividend is payable on May 15, 2021, to shareholders of record as of the close of business on April 30, 2021.
About F.N.B. Corporation
F.N.B. Corporation (NYSE: FNB), headquartered in Pittsburgh, Pennsylvania, is a diversified financial services company operating in seven states and the District of Columbia. FNB s market coverage spans several major metropolitan areas including: Pittsburgh, Pennsylvania; Baltimore, Maryland; Cleveland, Ohio; Washington, D.C.; and Charlotte, Raleigh, Durham and the Piedmont Triad (Winston-Salem, Greensboro and High Point) in North Carolina. The Company has total assets of more than $3
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