Canadian General Investments Ld Dividend Declaration - Common Shares (2191M)
July 27 2017 - 1:00AM
UK Regulatory
TIDMCGI
RNS Number : 2191M
Canadian General Investments Ld
26 July 2017
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.D
LONDON STOCK EXCHANGE: CGI
July 26, 2017
Canadian General Investments, Limited
Declares Dividend on Common Shares
TORONTO, CANADA -- Canadian General Investments, Limited ("CGI"
or "the Company") has declared a quarterly dividend of $0.18 per
share payable on September 15, 2017 to common shareholders of
record at the close of business on August 31, 2017 ("the
Dividend"). The Dividend is a capital gains dividend for purposes
of the Income Tax Act (Canada).
Since CGI qualifies as an investment corporation for Canadian
income tax purposes, the payment of capital gains dividends allows
the Company to recover taxes paid, or payable, on realized capital
gains. Non-residents of Canada will not be subject to Canadian
withholding tax on the Dividend.
CGI is a closed-end equity fund, focused on medium to long-term
investments in primarily Canadian corporations. Its objective is to
provide better than average returns to investors through prudent
security selection, timely recognition of capital gains/losses and
appropriate income generating instruments.
FOR FURTHER INFORMATION PLEASE CONTACT:
Jonathan A. Morgan
President & CEO
Phone: (416) 366-2931
Fax: (416) 366-2729
e-mail: cgifund@mmainvestments.com
website: www.canadiangeneralinvestments.ca
This information is provided by RNS
The company news service from the London Stock Exchange
END
DIVBIGDRRSDBGRL
(END) Dow Jones Newswires
July 27, 2017 02:00 ET (06:00 GMT)
Canadian General Investm... (LSE:CGI)
Historical Stock Chart
From Apr 2024 to May 2024
Canadian General Investm... (LSE:CGI)
Historical Stock Chart
From May 2023 to May 2024