TORONTO, Oct. 29, 2013 /CNW/ - The Board of Directors of Genworth MI
Canada Inc. (the "Company") (TSX: MIC) today announced that it has
authorized and declared a dividend of $0.35 per common share for the
fourth quarter of 2013. This dividend will be paid on November 29,
2013, to shareholders of record at the close of business on November
15, 2013. This represents an increase of $0.03 or 9% per common
Genworth MI Canada Inc. designates any and all dividends paid or deemed
for Canadian federal, provincial or territorial income tax purposes to
be paid as "eligible dividends", unless indicated otherwise in respect
of dividends paid subsequent to this notification, and hereby notifies
all recipients of such dividends of this designation.
About Genworth MI Canada Inc.
Genworth MI Canada Inc. (TSX: MIC) through its subsidiary, Genworth
Financial Mortgage Insurance Company Canada (Genworth Canada), is the
largest private residential mortgage insurer in Canada. The Company
provides mortgage default insurance to Canadian residential mortgage
lenders, making homeownership more accessible to first-time homebuyers.
Genworth Canada differentiates itself through customer service
excellence, innovative processing technology, and a robust risk
management framework. For almost two decades, Genworth Canada has
supported the housing market by providing thought leadership and a
focus on the safety and soundness of the mortgage finance system. As
at September 30, 2013, Genworth Canada had $5.6 billion total assets
and $3.0 billion shareholders' equity. Find out more at www.genworth.ca.
SOURCE: Genworth Canada
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