MARKHAM, ON--(Marketwired - April 15, 2015) - Leisureworld Senior Care Corporation ("Leisureworld" or the "Company") (
The dividend will be payable on May 15, 2015 to shareholders of record as at April 30, 2015.
The Company's dividends are designated as eligible dividends for Canadian tax purposes in accordance with subsection 89(14) of the Income Tax Act (Canada), and any applicable corresponding provincial and territorial legislation.
Leisureworld has a Dividend Reinvestment Plan (the "DRIP") which allows eligible shareholders of the Company to direct that their cash dividends be reinvested in additional Common Shares. Common Shares issued pursuant to the DRIP are issued from treasury at a 3% discount from the market price. Participation in the DRIP is optional and shareholders who do not wish to participate in the plan will continue to receive cash dividends. A complete copy of the DRIP is available under the Investors section of the Company's website.
ABOUT LEISUREWORLD SENIOR CARE CORPORATION
Leisureworld Senior Care Corporation (
Contact Information:
CONTACT INFORMATION
Lois Cormack
President & Chief Executive Officer
(905) 415-7612
Lois.Cormack@leisureworld.ca
Nitin Jain
Executive Vice President & Chief Financial Officer
(905) 489-0787
Nitin.Jain@leisureworld.ca