Eclipse Residential Mortgage Investment Corporation Announces Distribution Reinvestment Plan

Eclipse Residential Mortgage Investment Corporation Announces Distribution Reinvestment Plan

ID: 518955

(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 01/20/17 -- (TSX: ERM) ("Eclipse") is pleased to announce the reinstatement of its distribution reinvestment plan (the "DRIP"). As previously announced, the DRIP has been amended as a result of the transition of Eclipse from the Canadian securities regulatory regime for investment funds to the Canadian securities regulatory regime for reporting issuers that are not investment funds, which was effective January 4, 2017. Eligible holders of common shares (the "Shareholders") may elect to participate in the DRIP for common shares beginning with the January 31, 2017 record date.

The DRIP provides Shareholders with the ability to automatically reinvestment monthly dividends in additional common shares of Eclipse, commission free, and realize the benefits of compound growth. Shareholders can enroll in the DRIP by contacting their investment advisor.

About Brompton Funds

Brompton Funds, a division of Brompton Group which was founded in 2000, is an experienced investment fund manager with approximately $2.0 billion in assets under management. Brompton's investment solutions include TSX traded funds, mutual funds and flow-through limited partnerships. For further information, please contact your investment advisor, call Brompton's investor relations line at 416-642-6000 (toll-free at 1-866-642-6001), email or visit our website at .

About MCAP Financial Corporation

One of Canada's largest mortgage financing companies, MCAP Financial Corporation ("MCAP") originates and services all mortgages for Eclipse. MCAP has more than 20 years of experience underwriting and servicing Canadian Single Family Residential Mortgages, with over $60 billion in mortgage assets managed for banks, lifecos, credit unions and institutional investors.



Contacts:
Brompton's investor relations line
416-642-6000 (toll-free at 1-866-642-6001)



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drucken  als PDF  an Freund senden  Eclipse Residential Mortgage Investment Corporation Increases Dividend Edgefront Real Estate Investment Trust Announces January and February 2017 Distributions and Payment of Trustee Fees in Units
Bereitgestellt von Benutzer: Marketwired
Datum: 20.01.2017 - 17:21 Uhr
Sprache: Deutsch
News-ID 518955
Anzahl Zeichen: 0

contact information:
Town:

TORONTO, ONTARIO



Kategorie:

Residential Real Estate



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