TORONTO, ONTARIO--(Marketwired - Jan. 22, 2014) - Eclipse Residential Mortgage Investment Corporation ("Eclipse") (TSX:ERM) announces monthly dividends in the amount of $0.05 per Class A Share for record dates from January to March 2014. Eclipse expects that this will be the monthly distribution rate throughout 2014 with formal announcements made quarterly.
|Record Date||Payment Date|
|January 31, 2014||February 14, 2014|
|February 28, 2014||March 14, 2014|
|March 31, 2014||April 14, 2014|
Shareholders are reminded that Eclipse offers a distribution reinvestment plan ("DRIP") which provides shareholders with the ability to automatically reinvest their dividends and realize the benefits of compound growth of their investment. Shareholders can enroll in the DRIP program by contacting their investment advisor.
About Brompton Funds
Brompton Funds, a division of Brompton Group, is an experienced investment fund manager operating since 2002. Brompton is focused on meeting the needs of investors by offering low cost, innovative products with client friendly terms and supported by strong corporate governance. For further information, please contact your investment advisor, call Brompton's investor relations line at 416-642-6000, toll-free at 1-866-642-6001, email email@example.com or visit our website at www.bromptongroup.com.
About MCAP Financial Corporation
One of Canada's largest non-bank mortgage lenders, MCAP Financial Corporation originates and services all mortgages for Eclipse Residential MIC. MCAP has more than 20 years of experience underwriting and servicing Canadian Single Family Residential Mortgages, with over $36 billion in mortgage assets managed for banks, lifecos, credit unions and institutional investors.
Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read Eclipse's publicly filed documents which are available from SEDAR at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.
Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this press release and to other matters identified in public filings relating to Eclipse, to the future outlook of Eclipse and anticipated events or results and may include statements regarding the future financial performance of Eclipse. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information.