Business
Information Services Corporation Declares First Quarterly Dividend
REGINA, Aug. 12, 2013 /CNW/ - The Board of Directors of Information Services Corporation ...
About this update from Information Services Corp. Class A
[{"type":"text","content":"\n\n\nREGINA, Aug. 12, 2013 /CNW/ - The Board of Directors of Information\n Services Corporation (\"ISC\" or the \"Company\") (TSX:ISV) today announced\n that it has established a policy of paying an annual dividend of $0.80\n per Class A Limited Voting Share (\"Class A Share\") to be payable on a\n quarterly basis. The payment of dividends is not guaranteed, and the\n amount and timing of any dividend payable by the Company will be at the\n discretion of the Board and established on the basis of the Company's\n cash available for distribution, its financial requirements and other\n factors existing at the time.\n\n\nIn that regard, the Board of Directors of ISC declared an $0.18 per\n Class A Share quarterly cash dividend at their August 12, 2013 meeting.\n The dividend, which represents a partial dividend for the period July\n 9, 2013 (the closing date of the Company's Initial Public Offering) to\n September 30, 2013, will be paid on or before October 15, 2013 to\n shareholders of record as of September 30, 2013.\n\n\nISC is a provider of registry and information services to the Province\n of Saskatchewan. The Company is the exclusive provider of the Land\n Titles Registry, Land Surveys Directory, Personal Property Registry and\n Corporate Registry in Saskatchewan, which are key supporters of\n economic activity in the province.\n\n\nForward-looking Information: This release contains forward-looking\n information within the meaning of applicable Canadian securities\n legislation, including information with respect to ISC's policy of\n paying dividends on a quarterly basis and factors that may affect such\n policy such as available cash for distribution, financial requirements\n and other factors. Forward-looking information involves known and\n unknown risks, uncertainties and other factors that may cause actual\n results or events to differ materially from those expressed or implied\n by such forward-looking information. Although ISC believes the\n forward-looking information contained in this release is based upon\n reasonable assumptions, readers are cautioned not to place undue\n reliance on forward-looking information as it is inherently uncertain\n and no assurance can be given that the expectations reflected in such\n information will prove to be correct. Many factors and risks could\n cause our actual results to differ...