Business
Exchange Income Corporation Announces July 2015 Dividend
WINNIPEG , July 17, 2015 /CNW/ - Exchange Income Corporation (TSX: EIF) (the "Corporatio...
About this update from Exchange Income Corporation
[{"type":"text","content":"\n\n\nWINNIPEG, July 17, 2015 /CNW/ - Exchange Income Corporation (TSX: EIF)\n (the \"Corporation\"), a diversified, acquisition-oriented company\n focused on opportunities in aviation and manufacturing sectors\n announced today that the Directors of the Corporation have declared\n eligible dividends totaling $0.145 per share for the month ended July\n 31, 2015, payable August 14, 2015 to shareholders of record at the\n close of business on July 31, 2015.\n\n\nEligible shareholders have the opportunity to reinvest their dividends\n in accordance with the Corporation's dividend reinvestment and cash\n purchase plan.  Additional details can be found in the investor\n information section of the Corporation's website, www.ExchangeIncomeCorp.ca.\n\n\nThe dividend is designated as an \"eligible\" dividend under the Income\n Tax Act (Canada) and any corresponding provincial legislation.  Under\n this legislation, individuals resident in Canada may be entitled to\n enhanced dividend tax credits which reduce income tax otherwise\n payable.\n\n\nAbout Exchange Income Corporation \nExchange Income Corporation is a diversified acquisition-oriented\n company, focused in two sectors: aviation services and equipment, and\n manufacturing. The Corporation uses a disciplined acquisition strategy\n to identify already profitable, well-established companies that have\n strong management teams, generate steady cash flow, operate in niche\n markets and have opportunities for organic growth.\n\n\nThe Corporation currently operates two segments: Aviation and\n Manufacturing. The Aviation segment consists of the operations by\n Perimeter Aviation, Keewatin Air, Calm Air International, Bearskin Lake\n Air Service, Custom Helicopters, Regional One and Provincial Aerospace.\n The Manufacturing segment consists of the operations by Jasper Tank,\n Overlanders Manufacturing, Water Blast Manufacturing, Stainless\n Fabrication, WesTower Communications in Canada and Ben Machine Products\n Company. For more information on the Corporation, please visit www.ExchangeIncomeCorp.ca. Additional information relating to the Corporation, including all\n public filings, is available on SEDAR (www.sedar.com).\n\n\nCaution concerning forward-looking statements\n\n\nThe statements contained in this news release that are forward-looking\n are based on current expecta...