Target Capital Inc. announces special dividend
March 04 2014 - 3:32PM
PR Newswire (Canada)
CALGARY,
March 4, 2014 /CNW/ - Target Capital
Inc. (TSX-V: TCI) is pleased to announce that its Board of
Directors has declared a special dividend of $0.33 per common share. The special dividend is
being paid in order to distribute the proceeds of a special
dividend Target Capital received from its investment in Olympia
Financial Group Inc. (TSX: OLY).
The dividend will be paid to shareholders of record as at
March 14, 2014. The dividend will be
paid to shareholders on March 21,
2014. The entire amount of this taxable dividend will be
designed an eligible dividend for the purposes of the Income Tax
Act (Canada).
Neither 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 this release.
SOURCE Target Capital Inc.
Copyright 2014 Canada NewsWire
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