WINNIPEG, Dec. 17 /CNW/ - Exchange Income Corporation (TSX: EIF) (the
"Corporation"), announced today that the Directors of the Corporation
have declared eligible dividends totaling $0.13 per share for the month
ended December 31, 2010, payable January 14, 2011 to shareholders of
record at the close of business on December 31, 2010.
Eligible shareholders have the opportunity to reinvest their dividends
in accordance with the Corporation's dividend reinvestment and cash
purchase plan. Additional details can be found in the investor
information section of the Corporation's website, www.exchangeincomecorp.ca.
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
About Exchange Income Corporation
Exchange Income Corporation is a diversified acquisition-oriented
company, focused on opportunities in the industrial products and
transportation sectors which are ideally suited for public markets
except for their size. The strategy of the Corporation is to invest in
profitable, well-established companies with strong cash flows operating
in niche markets in Canada and/or the United States.
The Corporation is currently operating in two niche business segments:
aviation and specialty manufacturing. The aviation segment consists of
Perimeter Aviation LP, Keewatin Air LP and Calm Air International LP,
and the specialty manufacturing segment consists of Jasper Tank Ltd.,
Overlanders Manufacturing LP, Water Blast Manufacturing LP, and
Stainless Fabrication, Inc. For more information on Exchange Income
Corporation, please visit www.exchangeincomecorp.ca.
Additional information relating to the Corporation, including all public
filings, is available on SEDAR (www.sedar.com).
SOURCE Exchange Income Corporation
For further information: For further information:
|Mike Pyle ||Joe Racanelli|
|President and CEO ||Investor Relations|
|Exchange Income Corporation ||The Equicom Group Inc.|
|(204) 982-1850 ||Phone: (416) 815-0700 Ext. 243|