We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Canadian General Investments Ld | LSE:CGI | London | Ordinary Share | CA1358251074 | COM NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-20.00 | -0.90% | 2,200.00 | 2,180.00 | 2,220.00 | 2,220.00 | 2,200.00 | 2,220.00 | 2,246 | 15:57:51 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Investors, Nec | 200.35M | 174.15M | 8.3482 | 4.38 | 763.31M |
TIDMCGI
RNS Number : 2468R
Canadian General Investments Ld
07 December 2016
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.D
LONDON STOCK EXCHANGE: CGI
December 7, 2016
Canadian General Investments, Limited
Declares a Special Dividend on Common Shares
TORONTO, CANADA -- Canadian General Investments, Limited ("CGI" or "the Company") today declared a special dividend of $0.12 per share payable on December 28, 2016 to shareholders of record at the close of business on December 22, 2016 ("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.
Including the quarterly dividends of $0.16 per common share, total cash dividend payments of $0.76 per common share in 2016 represent a yield to investors of 4.1% based on the December 6, 2016 closing market price of $18.70.
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
DIVUGGPCPUPQGQM
(END) Dow Jones Newswires
December 07, 2016 11:43 ET (16:43 GMT)
1 Year Canadian General Investm... Chart |
1 Month Canadian General Investm... Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions