TORONTO, March 22, 2022 /CNW/ - Chesswood Group
Limited (TSX: CHW) today announced that a dividend in an amount of
four cents per share ($0.04) has been declared for the month of March,
payable on April 18, 2022, to
shareholders of record at the close of business on March 31, 2022.
Chesswood Group Limited for the purposes of the Income Tax Act
(Canada) and any similar
provincial legislation advises that the dividend declared for the
month ending March 31, 2022, and all
future dividends will be eligible dividends unless indicated
otherwise.
About Chesswood Group Limited
Through three wholly owned subsidiaries in the United States and five subsidiaries in
Canada, two of which are wholly
owned, Chesswood Group Limited is a North American specialty
finance company publicly traded on the Toronto Stock Exchange.
Colorado-based Pawnee Leasing
Corporation, founded in 1982, finances a highly diversified
portfolio of commercial equipment leases and loans through
relationships with over 600 brokers in the United States. Tandem Finance Inc.
provides financing in the U.S. through the equipment vendor
channel. In Canada, Blue Chip
Leasing Corporation has been originating and servicing commercial
equipment leases and loans since 1996, and today operates through a
nationwide network of more than 50 brokers. Vault Credit
Corporation specializes in equipment leases and commercial loans
across Canada, allowing for
customizable financing solutions while catering to a wide spectrum
of credit tiers, equipment types and sectors by offering
industry-leading service levels, experienced underwriters, and
account administrators. Vault Home was acquired in September 2021 and focuses on providing home
improvement and other consumer financing solutions in Canada. Rifco Inc. is focused on being the
best alternative auto finance company, with the mission to help
Canadians own automobiles. Rifco seeks to create sustainable
long-term competitive advantages through personalized partnerships
with dealers, innovative products, the use of industry-leading data
and analytics, and leading collections practices. Chesswood Capital
Management will provide private credit alternatives to investors
seeking exposure to loan receivables, including those originated by
Chesswood subsidiaries.
Based in Toronto, Canada,
Chesswood Group Limited's shares trade on the TSX under the symbol
CHW.
To learn more about Chesswood Group Limited, visit
www.ChesswoodGroup.com.
The websites of Chesswood Group Limited's operating businesses
are:
www.PawneeLeasing.com
|
www.BlueChipLeasing.com
|
www.TandemFinance.com
|
www.VaultCredit.com
|
www.VaultPay.com
|
www.Rifco.net
|
NO STOCK EXCHANGE, SECURITIES COMMISSION OR OTHER REGULATORY
AUTHORITY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED
HEREIN.
SOURCE Chesswood Group Limited