Olympia Financial Group Inc. - Trading Symbol: OLY (TSX-V) - Dividends increase by 50%

About this update from Olympia Financial Group Inc.

[{"type":"text","content":"\n\n\n\nCALGARY, Nov. 21 /CNW/ -\n\n\n For the nine-month period ended, September 30\n ---------------------------------------------\n 2008 2007\n ---- ----\n\nRevenue $22,431,716 $18,183,334\nPre-tax earnings 5,747,966 5,024,996\nDiluted earnings per share 1.61 1.36\n\n\nAccording to the Financial Post, Olympia Financial Group Inc. has the\nnumber 6 spot in Canada for dividend growth in the last 5 years. On November\n20th, Olympia Financial Group Inc., parent company of Olympia Trust Company,\nannounced that its board of directors has approved its 7th consecutive\ndividend increase effective for the quarterly dividend payable on January 31,\n2009.\n\n\nThe board of directors has increased the quarterly dividend by 50% to\n$0.45 per share from $0.30 per share.\n\n\nOlympia Financial Group Inc. is a non-deposit taking trust company\noperating in the four western provinces. It has four business units comprising\nof marketing and managing health and dental plans for small business,\nproviding corporate transfer services to public and private companies,\nproviding self directed registered plans administration and foreign exchange\nservices.\n\n\nThe company has applied for its Federal Charter that, if received, would\nallow it to operate across Canada.\n\n\nThe Company has no sub-prime market investments and will therefore not\nexperience any asset deterioration due to sub-prime market exposure.\n\n\nAdditional information on Olympia Financial Group Inc. can be found on\nthe Group's website at www.olympiatrust.com and on SEDAR at www.sedar.com.\n\n\nDISCLAIMER\n\nTHE TSX VENTURE EXCHANGE INC. HAS NOT REVIEWED AND DOES NOT ACCEPT\nRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE\n\n\n","length":2059,"tagName":"div"}]

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