TORONTO, Oct. 29 /CNW/ - The Board of Directors of Home Capital Group
Inc. (TSX: HCG) has approved a quarterly dividend of 11.0 cents per share on
the outstanding Common Shares of the Company, which is equivalent to an annual
dividend of 44.0 cents per share. The dividend is payable on December 1, 2007
to shareholders of record at the close of business on November 15, 2007.
The above-mentioned dividend on the Common Shares is designated as an
"eligible" dividend for the purposes of the Income Tax Act (Canada) and any
similar provincial legislation.
Home Capital Group Inc. is a holding company, publicly traded on the
Toronto Stock Exchange (HCG), operating through its principal subsidiary, Home
Trust Company. Home Trust is a federally regulated trust company offering
deposit, mortgage lending, retail credit and credit card issuing services.
Licensed to conduct business across Canada, Home Trust has offices in Ontario,
Alberta, British Columbia, Nova Scotia and Québec.
For further information:
For further information: Gerald M. Soloway, President & CEO, or Nick
Kyprianou, Sr. Vice President & COO, (416) 360-4663, www.homecapital.com