Canadian General Investments, Limited Declares Dividend on Common Shares
TORONTO, CANADA, July 17, 2019 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) (TSX:CGI), (TSX:CGI.PR.D), (LSE:CGI), ("CGI" or "the Company") has declared a quarterly dividend of $0.20 per share payable on September 15, 2019 to common shareholders of record at the close of business on August 30, 2019 ("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.
The International Franchise Expo ("IFE"), the largest premier franchise show in the U.S., is returning to the Javits Center May 30-June 1. The event is hosted each year by MFV Expositions and...
Middlefield Sustainable Global Dividend ETF (the "Fund") is pleased to announce that distributions for the second quarter of 2024 will be payable to unitholders of Sustainable Global Dividend ETF as follows: Record DatePayable DateDistribution...
Cerro de Pasco Resources Inc. ("CDPR," or the "Corporation") is providing the following update. Easement Update CDPR is the titleholder of the concession located in Peru called "El Metalurgista" (the "Concession"), which grants it the right to...
Community Heritage Financial, Inc. (the "Company" or "CHF") , the parent company of Middletown Valley Bank ("MVB" or the "Bank"), reported net income of $1.4 million, or $0.48 per diluted share, for the three months ended March 31, 2024, representing...
EvolutionIQ, the market-leading Claims Guidance platform for Disability and Workers' Compensation lines of insurance, today announced the release of MedHub, an AI-powered medical summarization and synthesis solution integrated into EvolutionIQ's...
Sandvik has signed an agreement to acquire a majority stake in the leading China-based company Suzhou Ahno Precision Cutting Tool Technology Co., Ltd. (Ahno) from the current majority owner, Ningbo Baosi Energy Equipment Co., Ltd and related parties....
