Dividend on common shares and Class A Non-Voting shares of Newco Bancorp Inc.



    TORONTO, April 28 /CNW/ - Newco Bancorp Inc. announced today that it has
declared a dividend in the amount of 9.091 cents on each of its common shares
outstanding and 10 cents on each of its Class A Non-Voting shares outstanding,
such dividends to be payable on the 15th day of May, 2009 to holders of record
of common shares and Class A Non-Voting shares as at the close of business May
8th, 2009. The dividend payable to the holders of common shares will in the
aggregate be approximately $55,628.21 and that to the holders of the Class A
Non-Voting shares will in the aggregate be approximately $335,787.10,
representing in total approximately 7.5% of the total of the corporation's net
investments and cash on hand.





For further information:

For further information: Maxwell L. Rotstein, Chairman & CEO, (416)
488-3322

Organization Profile

NEWCO BANCORP INC.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890