Genesis Land Development Corp. Announces Declaration of approximately $10.81 Million Special Dividend
December 19 2017 - 9:25AM
PR Newswire (Canada)
CALGARY, Dec. 19, 2017 /CNW/ - Genesis Land Development
Corp. ("Genesis") (TSX: GDC), announces that its Board of Directors
has declared a special cash dividend of $0.25 per common share for a total of
$10,813,180.25 payable to
shareholders of record on December 27,
2017, which will be paid on January
5, 2018.
The ex-dividend date for the special dividend is December 22, 2017.
The special dividend is designated as an eligible dividend under
the Income Tax Act (Canada)
About Genesis
Genesis Land Development Corp. is a land developer and
residential home builder in the Calgary Metropolitan Area. The Corporation's
common shares are listed on the Toronto Stock Exchange (TSX:
GDC).
SOURCE Genesis Land Development Corp.
Copyright 2017 Canada NewsWire
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