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Pin to quick picksCanadian Gen. Regulatory News (CGI)

Share Price Information for Canadian Gen. (CGI)

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2,800.00    60.00 (2.19%)
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Spread: 40.00 (1.439%)
Market Cap: £584.11m
CGI Live PriceLast checked at - London Stock Exchange

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Dividend Declaration

25 Apr 2025 07:00

RNS Number : 1363G
Canadian General Investments Ld
24 April 2025
 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

TSX: CGI

LONDON STOCK EXCHANGE: CGI

 

April 24, 2025

 

Canadian General Investments, Limited

Declares Dividend on Common Shares

 

TORONTO, CANADA -- Canadian General Investments, Limited ("CGI" or "the Company") has declared a quarterly dividend of $0.27 per share payable on June 15, 2025 to common shareholders of record at the close of business on May 30, 2025 ("the Dividend"). This dividend is designated as an "eligible dividend" for purposes of the Income Tax Act (Canada).

 

CGI has the ability to pay two types of dividends to common shareholders: regular (taxable) dividends, such as this one, and capital gains dividends. Since CGI qualifies as an investment corporation for Canadian income tax purposes, the payment of capital gains dividends allows the Company to recover taxes paid, or payable, on realized capital gains.

 

CGI is a closed-end equity fund, focused on medium to long-term investments in primarily Canadian corporations. Its objective is to provide better than average returns to investors through prudent security selection, timely recognition of capital gains/losses and appropriate income generating instruments.

 

FOR FURTHER INFORMATION PLEASE CONTACT:

Jonathan A. Morgan

President & CEO

Phone: (416) 366-2931

Fax: (416) 366-2729

e-mail: cgifund@mmainvestments.com

website: www.canadiangeneralinvestments.ca

 

 

 

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