Economic Investment Trust Limited Announces Dividend
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 05/09/12 -- The Board of Directors of Economic Investment Trust Limited (TSX: EVT) today declared a cash dividend of $0.70 per Common Share payable June 29, 2012 to shareholders of record on June 15, 2012.
The $0.70 cash dividend includes a $0.15 quarterly dividend, and an additional $0.55 per Common Share, representing a distribution of the balance of net investment income for the year ended December 31, 2011.
The Company's dividend policy going forward will be to distribute annual net investment income in the form of dividends. The distributions will be composed of $0.15 quarterly dividends together with an additional dividend representing the balance of net investment income. This additional dividend will be paid in the first quarter following the year end. The Company's dividend policy is established by the Board of Directors at its discretion and is subject to change.
Economic Investment Trust Limited advises that the above referenced dividend is an eligible dividend for the purposes of the Income Tax Act (Canada), and any similar provincial tax legislation.
Contacts:
Economic Investment Trust Limited
Frank J. Glosnek
Treasurer
(416) 947-2578
(416) 362-2592 (FAX)
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Datum: 09.05.2012 - 18:58 Uhr
Sprache: Deutsch
News-ID 144678
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TORONTO, ONTARIO
Kategorie:
Investment Opinion
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