TORONTO, Feb. 25, 2014 /CNW/ - Davis + Henderson Corporation (TSX: DH)
("D+H" or "Company") today announced that its Board of Directors has
declared a quarterly dividend of $0.32 per common share payable on
March 31, 2014 to shareholders of record at the close of business on
March 10, 2014. The dividend is an eligible dividend for Canadian
income tax purposes.
D+H is a leading North American provider of secure and reliable technology
solutions to domestic and global financial institutions with a
reputation for being a trusted partner that helps clients build deeper,
more profitable relationships with their customers based on rich
industry and market insight, and consumer knowledge. Today,
approximately 7,000 banks, specialty lenders, community banks and
credit unions rely on D+H to deliver solutions across three broad service areas:
Banking Technology Solutions (Enterprise, Lending), Lending Processing
Solutions, and Payments Solutions. Our integrated, compliant technology
solutions enable clients to grow, compete, and optimize their
operations, while our forward looking approach helps them stay ahead of
the market and anticipate changing consumer needs. D+H is one of the
world's top FinTech companies as measured on the FinTech 100 list.
Davis + Henderson Corporation is listed on the Toronto Stock Exchange under the symbol DH. Further
information can be found at www.dhltd.com and in the disclosure documents filed by Davis + Henderson Corporation
with the securities regulatory authorities at www.sedar.com.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains certain statements that constitute
forward-looking information within the meaning of applicable securities
laws ("forward-looking statements"). Statements concerning D+H's
objectives, goals, strategies, intentions, plans, beliefs, expectations
and estimates, and the business, operations, financial performance and
condition of D+H are forward-looking statements. The words "believe",
"expect", "anticipate", "estimate", "intend", "may", "will", "would"
and similar expressions and the negative of such expressions are
intended to identify forward-looking statements, although not all
forward-looking statements contain these identifying words.
D+H has also made certain macroeconomic and general industry assumptions
in the preparation of such forward-looking statements. While D+H
considers these factors and assumptions to be reasonable based on
information currently available, there can be no assurance that actual
results will be consistent with these forward-looking statements.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause D+H's actual results,
performance or achievements, or developments in its industry, to differ
materially from the anticipated results, performance, achievements or
developments expressed or implied by such forward-looking statements.
Risks related to forward-looking statements include, among other things,
challenges presented by declines in the use of personal and business
cheques; the Company's dependence on a limited number of large
financial institution customers in Canada and dependence on their
acceptance of new programs; strategic initiatives being undertaken to
meet the Company's financial objective; stability and growth in the
real estate, mortgage and lending markets; increased pricing pressures
and increased competition which could lead to loss of contracts or
reduced margins; changes in the U.S. banking and financial services
industry and demand for HFS's products and services; as well as general
market conditions, including economic and interest rate dynamics. Given
these uncertainties, readers are cautioned not to place undue reliance
on such forward-looking statements. The documents incorporated by
reference herein also identify additional factors that could affect the
operating results and performance of the Company. Forward-looking
statements are based on management's current plans, estimates,
projections, beliefs and opinions, and D+H does not undertake any
obligation to update forward-looking statements should assumptions
related to these plans, estimates, projections, beliefs and opinions
change except as required by applicable securities laws.
All of the forward-looking statements made in this press release are
qualified by these cautionary statements and other cautionary
statements or factors contained herein, and there can be no assurance
that the actual results or developments will be realized or, even if
substantially realized, that they will have the expected consequences
to, or effects on, the Company.
SOURCE: Davis + Henderson Corporation
For further information:
Brian Kyle, Executive Vice President and Chief Financial Officer, Davis + Henderson Corporation, (416) 696-7700, email@example.com or visit our website at www.dhltd.com.