Business
Queen's Road Capital Announces a 10% Increase in 5th Annual Dividend
Hong Kong, Hong Kong--(Newsfile Corp. - October 14, 2025) - Queen's Road Capital Investment Ltd....
About this update from Queen's Road Capital Investment Ltd.
[{"type":"text","content":"Queen's Road Capital Announces a 10% Increase in 5th Annual DividendHong Kong, Hong Kong--(Newsfile Corp. - October 14, 2025) - Queen's Road Capital Investment Ltd. (TSX: QRC) (the \"Company\" or \"QRC\") is pleased to declare a dividend of C$0.23 per share for the year 2025 payable on November 13, 2025 (\"Dividend Payment Date\"), which represents a 10% increase over the 2024 dividend. The 2025 dividend is payable to all shareholders of record as at November 3, 2025 (the \"Dividend Record Date\").The Company also announces its intention to establish a semi-annual dividend, with payments expected in May and November, commencing in May 2026. Subject to the market and the financial condition of the Company, amongst other factors, any future declaration of dividends and the amount thereof will be at the discretion of the board of directors of the Company.Warren Gilman, Chairman & CEO, stated: \"We are delighted to announce another increase in our annual dividend. Dividends are a core value of Queen's Road and reflect the financial discipline with which we manage our investments. I note that our dividend payout has increased by 169% since our inaugural dividend in 2021, which is a testament to the growth and success of our debenture portfolio, and our decision to pay a semi-annual dividend reflects the dependable and predictable nature of our cash flows. We welcome the participation of all shareholders in the DRIP program, which is a testament to their belief in the underlying value and strategy of the Company.\"The previously approved dividend reinvestment plan (\"DRIP\") continues to be in effect, allowing investors to receive QRC shares in lieu of cash as a dividend. In order to participate in the DRIP, shareholders of record need to enrol anytime up to five (5) business days prior to the Dividend Record Date. Shareholders who hold their shares in brokerage accounts need to register for the DRIP at each dividend. Shareholders who hold their shares in DRS (Direct Registration System) form and have previously registered in the DRIP will continue to be registered in the DRIP unless they have taken the steps to deregister.In order to process their DRIP applications:Registered shareholders (those holding share certificates and/or shares under the DRS) must sign up directly with the transfer agent (Computershare) on its website (ww...