Business
Genesis Land Development Corp. Announces Declaration of approximately $10.81 Million Special Dividend
Genesis Land Development Corp. Announces Declaration of approximately $10.81 Million Speci...
About this update from Genesis Land Development Corp.
[{"type":"text","content":"\n\n\n\nGenesis Land Development Corp. Announces Declaration of approximately $10.81 Million Special 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\nCALGARY, Dec. 19, 2017\n\n\n\nCALGARY, Dec. 19, 2017 ­/CNW/ - Genesis Land Development Corp. (\"Genesis\") (TSX: GDC), announces that its Board of Directors has declared a special cash dividend of $0.25 per common share for a total of $10,813,180.25  payable to shareholders of record on December 27, 2017, which will be paid on January 5,  2018.\n\nThe ex-dividend date for the special dividend is December 22, 2017.\n\nThe special dividend is designated as an eligible dividend under the Income Tax Act (Canada) \n\nAbout Genesis \n\nGenesis Land Development Corp. is a land developer and residential home builder in the Calgary Metropolitan Area. The Corporation's common shares are listed on the Toronto Stock Exchange (TSX: GDC).\nSOURCE Genesis Land Development Corp.\n\n\n\nView original content: http://www.newswire.ca/en/releases/archive/December2017/19/c4937.html\n\n\n\n\nStephen J. Griggs, Chief Executive Officer, Wayne King, CPA, CA, Chief Financial Officer, 7315 - 8 Street NE Calgary AB T2E 8A2, Phone 403-265-8079 Fax 403-984-1299, [email protected], www.genesisland.comCopyright CNW Group 2017","length":2425,"tagName":"div"}]