2 hours ago
Kiara Romero has officially earned her LPGA card.
The 20-year-old golfer was named winner of the Mark H. McCormack Medal on Wednesday as the leading female golfer in the World Amateur Golf Ranking. It's her second straight year earning the medal, and it comes with some significant stakes.
The award gives her 20 points in the LPGA's Elite Amateur Pathway program, awarding her an LPGA card whenever she chooses to turn professional. Since Romero has earned her 20th point on or after July 1 of this year, she has two options. She can accept LPGA Membership for the remainder of the current LPGA season and the following LPGA season. However, she can also defer LPGA membership until the following season and gain eligibility for the following season only.
"I am so grateful and excited to have reached the points threshold to earn LPGA Tour status through the LPGA Elite Amateur Pathway," said Kiara Romero. "Thank you to my family, coaches, teammates and to the LPGA for making this possible. I'm looking forward to competing at the highest level and against the best golfers in the world."
Romero earned the McCormack Medal thanks to her stellar play in amateur and professional events throughout the last year. In June, Romero earned low-amateur honors at the U.S. Women's Open, finishing tied for sixth. She edged 2026 Augusta National Women's Amateur champion Maria Jose Marin by a stroke. By virtue of her top ten finish, she is exempt into next year's championship at the Inverness Club in Toledo, Ohio.
#earned #medal #mccormack
The 20-year-old golfer was named winner of the Mark H. McCormack Medal on Wednesday as the leading female golfer in the World Amateur Golf Ranking. It's her second straight year earning the medal, and it comes with some significant stakes.
The award gives her 20 points in the LPGA's Elite Amateur Pathway program, awarding her an LPGA card whenever she chooses to turn professional. Since Romero has earned her 20th point on or after July 1 of this year, she has two options. She can accept LPGA Membership for the remainder of the current LPGA season and the following LPGA season. However, she can also defer LPGA membership until the following season and gain eligibility for the following season only.
"I am so grateful and excited to have reached the points threshold to earn LPGA Tour status through the LPGA Elite Amateur Pathway," said Kiara Romero. "Thank you to my family, coaches, teammates and to the LPGA for making this possible. I'm looking forward to competing at the highest level and against the best golfers in the world."
Romero earned the McCormack Medal thanks to her stellar play in amateur and professional events throughout the last year. In June, Romero earned low-amateur honors at the U.S. Women's Open, finishing tied for sixth. She edged 2026 Augusta National Women's Amateur champion Maria Jose Marin by a stroke. By virtue of her top ten finish, she is exempt into next year's championship at the Inverness Club in Toledo, Ohio.
#earned #medal #mccormack
27 days ago
Ladder Capital Corp (NYSE:LADR) is one of the top beaten-down REITs ready for a rotation rally. On June 15, Ladder Capital Corp.'s (NYSE:LADR) board of directors declared a second-quarter 2026 dividend of $0.23 per share of Class A common stock. The company will distribute the payout on July 15 to stockholders of record as of June 30. This payout translates to a yield of about 9.1%.
This dividend decision builds on the company's Q1 FY2026 earnings, reported on April 23. Ladder posted distributable earnings of $28 million, or $0.22 per share, which was just one cent short of the $0.23 dividend it had already paid out for that quarter on April 15. On the earnings call, CFO Paul Miceli confirmed the $0.23 dividend had been paid and explained that as the loan portfolio continues to scale and interest income grows, the company expects dividend coverage to expand. This scenario would position the company for potential future dividend growth once fully deployed, said Miceli.
When ***** yst Jade Rahmani of KBW asked management about when distributable earnings would exceed the dividend, CEO Brian Harris said next quarter, meaning the second quarter of 2026. This is the very period covered by the newly declared $0.23 dividend.
Pamela McCormack, President of the company, said on the earnings call that that expected improvement is tied to loan portfolio growth of nearly 60% since March 31, 2025. Balance sheet loans now make up 46% of total ***** ets and leverage rose modestly back toward 3 times, as the company continues rotating capital out of lower-yielding securities and into higher-yielding loans. She added that each dollar redeployed from the $2.1 billion securities portfolio into loans generates meaningful incremental yield, and projected that yields could climb from the current 5.3% average toward nearly 7% as the shift completes. This, McCormack noted, directly supports future dividend coverage.
Ladder Capital Corp (NYSE:LADR) is a real estate investment trust. It operates through Loans, Securities, and Real Estate segments. The company originates conduit first mortgage loans; invests in commercial mortgage-backed securities, US treasury and agency securities, corporate bonds, and equity securities; and owns and leases commercial properties.
This dividend decision builds on the company's Q1 FY2026 earnings, reported on April 23. Ladder posted distributable earnings of $28 million, or $0.22 per share, which was just one cent short of the $0.23 dividend it had already paid out for that quarter on April 15. On the earnings call, CFO Paul Miceli confirmed the $0.23 dividend had been paid and explained that as the loan portfolio continues to scale and interest income grows, the company expects dividend coverage to expand. This scenario would position the company for potential future dividend growth once fully deployed, said Miceli.
When ***** yst Jade Rahmani of KBW asked management about when distributable earnings would exceed the dividend, CEO Brian Harris said next quarter, meaning the second quarter of 2026. This is the very period covered by the newly declared $0.23 dividend.
Pamela McCormack, President of the company, said on the earnings call that that expected improvement is tied to loan portfolio growth of nearly 60% since March 31, 2025. Balance sheet loans now make up 46% of total ***** ets and leverage rose modestly back toward 3 times, as the company continues rotating capital out of lower-yielding securities and into higher-yielding loans. She added that each dollar redeployed from the $2.1 billion securities portfolio into loans generates meaningful incremental yield, and projected that yields could climb from the current 5.3% average toward nearly 7% as the shift completes. This, McCormack noted, directly supports future dividend coverage.
Ladder Capital Corp (NYSE:LADR) is a real estate investment trust. It operates through Loans, Securities, and Real Estate segments. The company originates conduit first mortgage loans; invests in commercial mortgage-backed securities, US treasury and agency securities, corporate bonds, and equity securities; and owns and leases commercial properties.
2 months ago
LONDON — What once had scales and sharp teeth is now fluffy with hooves. Lacoste honored Novak Djokovic by replacing its crocodile logo with a goat on an exclusive collection ahead of next week's Wimbledon.
The transformation was unveiled at an intimate panel talk at Lacoste's flagship on Regent Street, where the tennis legend sat down with fans to discuss the new campaign and the philosophies behind his success.
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The transformation was unveiled at an intimate panel talk at Lacoste's flagship on Regent Street, where the tennis legend sat down with fans to discuss the new campaign and the philosophies behind his success.
More from WWD
Jessica McCormack Hosts a Garden Party Full of Diamonds
Caitríona Balfe, Tom Blyth and Marisa Abela Fete Charles Finch's Summer Party
