KELOWNA,
BC, May 15, 2024 /CNW/ - Decisive Dividend
Corporation (TSXV: DE) (the "Corporation") announced today
that, in accordance with its current monthly dividend policy, the
directors of the Corporation have declared a dividend of
$0.045 per common share for the month
of June 2024. The dividend is payable
on June 14, 2024, to the shareholders
of record at the close of business May 31,
2024.
Eligible shareholders have the opportunity to
reinvest dividends in accordance with the Corporation's dividend
reinvestment and cash purchase plan (the "DRIP"). Additional
details are available under the investors section of the
Corporation's website www.decisivedividend.com.
This dividend is designated as an "eligible"
dividend under the Income Tax Act (Canada) and any corresponding provincial
legislation ("Tax Legislation").
About Decisive Dividend Corporation
Decisive Dividend Corporation is an
acquisition-oriented company, focused on opportunities in
manufacturing. The Corporation's purpose is to be the sought-out
choice for exiting legacy-minded business owners, while supporting
the long-term success of the businesses acquired, and through that,
creating sustainable and growing shareholder returns. The
Corporation uses a disciplined acquisition strategy to identify
already profitable, well-established, high quality manufacturing
companies that have a sustainable competitive advantage, a focus on
non-discretionary products, steady cash flows, growth potential and
established, strong leadership.
For more information on Decisive, or to sign up
for email notifications of Corporation press releases, please visit
www.decisivedividend.com.
Cautionary Statements
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of the contents of this News
Release.
This press release contains forward-looking
statements. These statements relate to the monthly dividend policy
adopted by the directors of the Corporation. The declaration and
payment of dividends are subject to a number of risks,
uncertainties and assumptions, including without limitation the
financial performance and condition of the Corporation, the
satisfaction of covenants under the Corporation's credit facility
and solvency tests under applicable corporate law. There can be no
assurance that the directors of the Corporation will declare or pay
any dividends in the future or, if dividends are declared and paid,
there can be no assurance as to the frequency or amount of such
dividends. The forward-looking statements contained in this press
release are made as of the date hereof and the Corporation is not
obligated to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by applicable securities laws. Because of the
risks, uncertainties and assumptions contained herein, investors
should not place undue reliance on forward-looking
information.
SOURCE Decisive Dividend Corporation
