WINNIPEG, May 20, 2014 /CNW/ - Temple Hotels Inc. ("Temple") (TSX: TPH)
announced today that it has declared a dividend in the amount of $0.045
per share for the month ended May 31, 2014. Payment will be made on
June 15, 2014 to the shareholders of record at the close of business on
May 31, 2014.
Eligible shareholders have the opportunity to reinvest their dividends
in accordance with Temple's Dividend Reinvestment and Share Purchase
Plan. Additional details can be found in the investor information
section of Temple's website, www.templehotels.ca/drip.asp.
The dividend is designated as an "eligible" dividend under the Income
Tax Act (Canada) and any corresponding provincial legislation. Under
this legislation, individuals resident in Canada may be entitled to
enhanced dividend tax credits which reduce income tax otherwise
Temple is a real estate investment company listed on the Toronto Stock
Exchange under the symbols TPH (common shares), TPH.DB.C, TPH.DB.D,
TPH.DB.E and TPH.DB.F (convertible debentures). The objective of
Temple is to provide shareholders with stable cash dividends from
investment in a diversified portfolio of hotel properties and related
assets. For further information on Temple, please visit our website at
The Toronto Stock Exchange has not reviewed or approved the contents of
this press release and does not accept responsibility for the adequacy
or accuracy of this press release.
SOURCE: Temple Hotels Inc.
For further information:
Arni Thorsteinson, Chief Executive Officer, or Gino Romagnoli, Executive Vice President
Tel: (204) 475-9090, Fax: (204) 452-5505, Email: firstname.lastname@example.org