WINNIPEG, May 17 /CNW/ - Exchange Income Corporation (TSX: EIF) (the
"Corporation"), announced today that the Directors of the Corporation
have declared eligible dividends totaling $0.135 per share for the
month ended May 31, 2011, payable June 15, 2011 to shareholders of
record at the close of business on May 31, 2011.
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, Calm Air International LP, and
Bearskin Lake Air Service LP and the specialty manufacturing segment
consists of Jasper Tank Ltd., Overlanders Manufacturing LP, Water Blast
Manufacturing LP, Stainless Fabrication, Inc, and WesTower
Communications Ltd. 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
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