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Exchange Income Corporation Announces February 2018 Dividend
Exchange Income Corporation Announces February 2018 Dividend Canada NewsWire WIN...
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[{"type":"text","content":"\n\n\n\nExchange Income Corporation Announces February 2018 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\n\nCanada NewsWire\nWINNIPEG, Feb. 16, 2018\n\n\n\nWINNIPEG, Feb. 16, 2018 /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 $0.175 per share for the month ended February 28, 2018, payable March 15, 2018 to shareholders of record at the close of business on February 28, 2018.\n\nEligible 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. \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  \n\nExchange Income Corporation is a diversified acquisition-oriented company, focused in two sectors: aerospace and 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: Aerospace & Aviation and Manufacturing. The Aerospace & Aviation segment consists of the operations of Perimeter Aviation (including Bearskin Airlines), Keewatin Air, Calm Air International, Custom Helicopters, Regional One and Provincial Aerospace. The Manufacturing segment consists of the operations of Overlanders, Water Blast, Stainless Fabrication, WesTower Communications, Ben Mac...