Le Lézard
Classified in: Transportation, Business, Covid-19 virus
Subject: DIV

Exchange Income Corporation Announces September 2021 Dividend


WINNIPEG, MB, Sept. 17, 2021 /CNW/ - Exchange Income Corporation (TSX: EIF) (the "Corporation"), a diversified, acquisition-oriented company focused on opportunities in aerospace, aviation and manufacturing sectors, announced today that the Directors of the Corporation have declared eligible dividends totaling $0.19 per share for the month ended September 30, 2021, payable October 15, 2021 to shareholders of record at the close of business on September 30, 2021.

Eligible shareholders have the opportunity to reinvest their dividends in accordance with the Corporation's dividend reinvestment and share purchase plan. Additional details can be found in the investor information section of the Corporation's website, www.ExchangeIncomeCorp.ca.

The dividend is designated as an "eligible" dividend under the Income Tax Act (Canada) and any corresponding provincial legislation. Under this legislation, individuals resident in Canada may be entitled to enhanced dividend tax credits which reduce income tax otherwise payable.

About Exchange Income Corporation 

Exchange Income Corporation is a diversified acquisition-oriented company, focused in two sectors: aerospace & aviation services and equipment, and manufacturing. The Corporation uses a disciplined acquisition strategy to identify already profitable, well-established companies that have strong management teams, generate steady cash flow, operate in niche markets and have opportunities for organic growth. For more information on the Corporation, please visit www.ExchangeIncomeCorp.ca. Additional information relating to the Corporation, including all public filings, is available on SEDAR (www.sedar.com).


Caution concerning forward-looking statements

The statements contained in this news release that are forward-looking are based on current expectations and are subject to a number of uncertainties and risks, and actual results may differ materially. These uncertainties and risks include, but are not limited to, COVID-19 and pandemic related risks, the dependence of Exchange Income Corporation on the operations and assets currently owned by it, the degree to which its subsidiaries are leveraged, the fact that cash distributions are not guaranteed and will fluctuate with the Corporation's financial performance, dilution, restrictions on potential future growth, the risk of shareholder liability, competitive pressures (including price competition), changes in market activity, the cyclicality of the industries, seasonality of the businesses, poor weather conditions, and foreign currency fluctuations, legal proceedings, commodity prices and raw material exposure, dependence on key personnel, and environmental, health and safety and other regulatory requirements. Except as required by Canadian Securities Law, Exchange does not undertake to update any forward-looking statements; such statements speak only as of the date made. Further information about these and other risks and uncertainties can be found in the disclosure documents filed by Exchange Income Corporation with the securities regulatory authorities, available at www.sedar.com.

SOURCE Exchange Income Corporation


These press releases may also interest you

at 19:00
October is Fall Car Care Month ? perfect timing for many families prior to holiday travel and vacations. Bangor-area drivers in need of a brand-new set of tires this fall may find the right tires for their car, truck or SUV at Downeast Toyota. To...

at 18:55
Blume Global, the leading provider of supply chain execution and visibility solutions, is proud to be the first to deliver logistics execution and supply chain visibility solutions completely native to Google Cloud Platform. Customers that use...

at 18:43
Albeit no specific details are being released about the new fishery, the Coalition of Atlantic and Quebec Fishing Organizations recognizes a new agreement between the Department of Fisheries and Oceans and four local Mi'kmaq bands around the...

at 18:27
NAV CANADA announced today its traffic figures for the month of September 2021, as measured in weighted charging units for enroute, terminal and oceanic air navigation services, in comparison to the last fiscal year and to its 2019 fiscal year. ...

at 18:00
In early 2020, the French Defense Innovation Agency launched a program in partnership with 8tree, Donecle and Dassault to explore automated drone-based dent-inspection of the Rafale military aircraft. The focus of this program was to develop an...

at 17:15
The Order Fulfillment Services will grow at a CAGR of 5.24% by 2024. This report offers key advisory and intelligence to help buyers identify and shortlist the most suitable suppliers for their Order Fulfillment Services requirements. Fetch...



News published on 17 september 2021 at 07:00 and distributed by: