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Exchange Income Corporation Announces April 2016 Dividend
Exchange Income Corporation Announces April 2016 Dividend Exchange Income Corporat...
About this update from Exchange Income Corporation
[{"type":"text","content":"\n\n\n\nExchange Income Corporation Announces April 2016 Dividend\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nExchange Income Corporation Announces April 2016 Dividend\nCanada NewsWire\nWINNIPEG, April 15, 2016\n\n\n\n\n \n \n \n \n\n\nWINNIPEG, April 15, 2016 /CNW/ - Exchange Income Corporation (TSX: EIF) (the \"Corporation\"), a diversified, acquisition-oriented company focused on opportunities in aviation and manufacturing sectors announced today that the Directors of the Corporation have declared eligible dividends totaling $0.16 per share for the month ended April 30, 2016, payable May 13, 2016 to shareholders of record at the close of business on April 29, 2016. \n\n \n\nEligible shareholders have the opportunity to reinvest their dividends in accordance with the Corporation's dividend reinvestment and cash purchase plan. Additional details can be found in the investor information section of the Corporation's website, www.ExchangeIncomeCorp.ca. \n\nThe 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. \n\nAbout Exchange Income Corporation Exchange Income Corporation is a diversified acquisition-oriented company, focused in two sectors: 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. \n\nThe Corporation currently operates two segments: Aviation and Manufacturing. The Aviation segment consists of the operations by Perimeter Aviation, Keewatin Air, Calm Air International, Bearskin Lake Air Service, Custom Helicopters, Regional One and Provincial Aerospace. The Manufacturing segment consists of the operations by Jasper Tank, Overlanders Manufacturing, Water Blast Manufacturing, Stainless...