Declared Dividend • Aug 14
Second quarter dividend of US$0.03 announced Shareholders will receive a dividend of US$0.03. Ex-date: 21st August 2026 Payment date: 31st August 2026 Dividend yield will be 3.8%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. Reported Earnings • Aug 13
Second quarter 2026 earnings: EPS and revenues miss analyst expectations Second quarter 2026 results: US$0.37 loss per share (down from US$0.83 profit in 2Q 2025). Net loss: US$4.18m (down 174% from profit in 2Q 2025). Revenue missed analyst estimates by 34%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 43% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Diversified Financial industry in the US. Announcement • Aug 13
Mount Logan Capital Inc. announces Quarterly dividend, payable on August 31, 2026 Mount Logan Capital Inc. announced Quarterly dividend of USD 0.0300 per share payable on August 31, 2026, ex-date on August 21, 2026 and record date on August 21, 2026. New Risk • Aug 12
New major risk - Revenue and earnings growth Earnings have declined by 63% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 63% per year over the past 5 years. Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$31.9m market cap). Announcement • Aug 08
Mount Logan Capital Inc. to Report Q2, 2026 Results on Aug 12, 2026 Mount Logan Capital Inc. announced that they will report Q2, 2026 results on Aug 12, 2026 Upcoming Dividend • May 21
Upcoming dividend of US$0.03 per share Eligible shareholders must have bought the stock before 26 May 2026. Payment date: 10 June 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of American dividend payers (4.3%). Higher than average of industry peers (1.1%). Announcement • May 16
Mount Logan Capital Inc. Declares Quarterly Distribution for the Quarter Ended March 31, 2026, Payable on June 10, 2026 Mount Logan Capital Inc. declared a stockholder quarterly distribution in the amount of $0.03 per share of common stock for the quarter ended March 31, 2026, payable on June 10, 2026 to stockholders of record at the close of business on May 26, 2026. This cash dividend marks the third consecutive quarter of the Company issuing a $0.03 distribution to its stockholders following the closing of the Business Combination. Announcement • May 11
Mount Logan Capital Inc. to Report Q1, 2026 Results on May 14, 2026 Mount Logan Capital Inc. announced that they will report Q1, 2026 results After-Market on May 14, 2026 Announcement • May 03
Mount Logan Capital Inc., Annual General Meeting, Jun 25, 2026 Mount Logan Capital Inc., Annual General Meeting, Jun 25, 2026. Announcement • Mar 21
Mount Logan Capital Inc. Declares Quarterly Distribution for the Quarter Ended December 31, 2025, Payable on April 15, 2026 Mount Logan Capital Inc. declared a stockholder quarterly distribution in the amount of $0.03 per share of common stock for the quarter ended December 31, 2025, payable on April 15, 2026 to stockholders of record at the close of business on March 30, 2026. Announcement • Feb 24
Mount Logan Capital Inc. (NasdaqGM:MLCI) announces an Equity Buyback for $10 million worth of its shares. Mount Logan Capital Inc. (NasdaqGM:MLCI) announces a share repurchase program. Under the program, the company will repurchase up to $10 million of the Company’s outstanding common stock. The program will expire on December 31, 2027. Announcement • Feb 14
Lumine Group Inc. (TSXV:LMN) completed the acquisition of Synchronoss Technologies, Inc. (NasdaqCM:SNCR). Lumine Group Inc. (TSXV:LMN) entered into a non-binding letter of intent to acquire Synchronoss Technologies, Inc. (NasdaqCM:SNCR) for approximately $120 million on August 24, 2025. Lumine Group agreed to acquire Synchronoss Technologies on December 3, 2025. A cash consideration valued at $9 per share will be paid by Lumine Group Inc. In case of termination of transaction, sell side will pay a termination fee of $7.75 million. Upon completion of the transaction, the Synchronoss’ common stock will no longer be listed on the Nasdaq Stock Market. The Company is expected to remain headquartered in Bridgewater, New Jersey.
The transaction is subject to approval of offer by target shareholders, board approval and approval by antitrust authorities. Both board unanimously approved the deal. Synchronoss stockholders voted to approve the transaction at the Company’s Special Meeting of Stockholders on February 12, 2026. The completion of the transaction is expected on February 13, 2026.
The team of Goodwin Procter LLP led by Mike Patrone, Josh Zachariah, Josh Eisenson, Amanda Gill, Stephanie Barbanell, Deb Birnbach, Paul Jin, Eram Khan, Sarah Bock, Jennifer Fay, Jacob Osborn, Steve Charkoudian, Jackie Klosek, Dan Karelitz and Brian Muhkerjee acted as legal advisor for Lumine Group Inc. Marc F. Dupre, Andrew Y. Luh and Keith J. Scherer of Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP acted as legal advisor for Synchronoss Technologies, Inc. Equiniti Trust Company, LLC and acted as transfer agent for Synchronoss Technologies, Inc. Innisfree M&A Incorporated acted as information agent for Synchronoss Technologies, Inc.
Lumine Group Inc. (TSXV:LMN) completed the acquisition of Synchronoss Technologies, Inc. (NasdaqCM:SNCR) on February 13, 2026. New Risk • Feb 06
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$98.9m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (US$98.9m market cap). Announcement • Dec 12
Mount Logan Capital Inc. (NasdaqCM:MLCI) announces an Equity Buyback for $15 million worth of its shares. Mount Logan Capital Inc. (NasdaqCM:MLCI) announces a share repurchase program. Under the program, the company will repurchase up to $15 million of its common stock at a price of $9.43 per share. The tender offer launch is expected to occur on or before the end of the first week of January 2026, with closing estimated to occur approximately 20 business days thereafter. Declared Dividend • Nov 17
Second quarter dividend of US$0.03 announced Shareholders will receive a dividend of US$0.03. Ex-date: 25th November 2025 Payment date: 11th December 2025 Dividend yield will be 2.8%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (35% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. Announcement • Nov 14
Mount Logan Capital Inc. Declares Quarterly Distribution for the Quarter Ended September 30, 2025, Payable on December 11, 2025 Mount Logan Capital Inc. declared a shareholder quarterly distribution in the amount of $0.03 per common share for the quarter ended September 30, 2025, payable on December 11, 2025 to shareholders of record at the close of business on November 25, 2025. This cash dividend marks the first quarter of the Company issuing a $0.03 distribution to its shareholders. Announcement • Nov 12
Mount Logan Capital Inc. to Report Q3, 2025 Results on Nov 13, 2025 Mount Logan Capital Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 13, 2025 New Risk • Sep 18
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 113% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Shareholders have been substantially diluted in the past year (113% increase in shares outstanding). Minor Risk Paying a dividend despite being loss-making. 
