CALGARY, Nov. 21 /CNW/ -
For the nine-month period ended, September 30
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2008 2007
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Revenue $22,431,716 $18,183,334
Pre-tax earnings 5,747,966 5,024,996
Diluted earnings per share 1.61 1.36
According to the Financial Post, Olympia Financial Group Inc. has the number 6 spot in Canada for dividend growth in the last 5 years. On November 20th, Olympia Financial Group Inc., parent company of Olympia Trust Company, announced that its board of directors has approved its 7th consecutive dividend increase effective for the quarterly dividend payable on January 31, 2009.
The board of directors has increased the quarterly dividend by 50% to $0.45 per share from $0.30 per share.
Olympia Financial Group Inc. is a non-deposit taking trust company operating in the four western provinces. It has four business units comprising of marketing and managing health and dental plans for small business, providing corporate transfer services to public and private companies, providing self directed registered plans administration and foreign exchange services.
The company has applied for its Federal Charter that, if received, would allow it to operate across Canada.
The Company has no sub-prime market investments and will therefore not experience any asset deterioration due to sub-prime market exposure.
Additional information on Olympia Financial Group Inc. can be found on the Group's website at www.olympiatrust.com and on SEDAR at www.sedar.com.
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