Information Services Corporation Declares Quarterly Dividend

About this update from Information Services Corp. Class A

[{"type":"text","content":"\n\n\nREGINA, Nov. 13, 2013 /CNW/ - The Board of Directors of Information\n Services Corporation (\"ISC\" or the \"Company\") today declared a\n quarterly cash dividend of $0.20 per Class A Limited Voting Share\n (\"Class A Share\"). The dividend will be paid on or before January 15,\n 2014 to shareholders of record as of December 31, 2013. \n\n\nThe dividend has been designated as an eligible dividend pursuant to the\n Income Tax Act. An eligible dividend paid to a Canadian resident is\n entitled to the enhanced dividend tax credit.  For further information on tax implications, please consult a tax advisor.\n\n\nBackground\n\n\nIn August, 2013, ISC established a policy of paying an annual dividend\n of $0.80 per Class A Share to be payable on a quarterly basis. The\n payment of dividends is not guaranteed, and the amount and timing of\n any dividend payable by the Company will be at the discretion of the\n Board and established on the basis of the Company's cash available for\n distribution, its financial requirements and other factors existing at\n the time.\n\n\nAbout ISC\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....

More updates from Information Services Corp. Class A