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Montfort Capital Announces Quarterly Cash Dividend on Series A Preferred Shares
Montfort Capital Announces Quarterly Cash Dividend on Series A Preferred Shares Canada ...
About this update from Montfort Capital Corp
[{"type":"text","content":"\n \n \n \n Montfort Capital Announces Quarterly Cash Dividend on Series A Preferred Shares\n \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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n ~Montfort to pay cash dividend payment to\n \n \n Series A Preferred Shareholders of record on\n \n December 21st\n \n \n \n ~\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Dec. 8, 2022\n \n \n /CNW/ -\n \n Montfort Capital Corporation (\"Montfort\" or the \"Company\")\n \n (TSXV: MONT) (OTCQB: MONTF), a leading alternative lender utilizing focused strategies, experienced management teams and advanced technology, today announced that the Company's board of directors has declared a quarterly cash dividend of\n \n $0.02\n \n per Series A Preferred Share (each, a \"Preferred Share\"), payable on\n \n December 30, 2022\n \n to Preferred Shareholders of record as of\n \n December 21, 2022\n \n . The Company's dividend payments qualify as an 'eligible dividend' for Canadian income tax purposes.\n \n \n \n \n \n \n \n \n \n Holders of Preferred Shares are entitled to receive fixed non-cumulative preferential cash dividends, if, as and when declared by the board of directors of the Company at an annual rate equal to\n \n $0.08\n \n per Preferred Share. Dividends, if declared, will be payable on the last day of December, March, June and September in each year, or if such day is not a business day, on the next business day, at a quarterly rate of\n \n $0.02\n \n per Preferred Share.\n \n \n \n About Montfort Capital Corporation\n \n \n \n \n Montfort\n \n manages a diversified family of specialized private credit brands that utilize focused strategies and experienced management teams combined with advanced technology to improve fee related performance.\n \n Montfort\n \n facilitates transparency for all of its investors through public company reporting. For further information, please visit\n \n www.montfortcapital.com\n \n .\n \n \n Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Ex...