TORONTO
,
Feb. 10
/CNW/ - The Board of Directors of Home Capital Group Inc. (TSX: HCG) has approved a quarterly dividend of 16.0 cents per share on the outstanding Common Shares of the Company, which is equivalent to an annual dividend of 64.0 cents per share. The dividend is payable on
March 1, 2010
to shareholders of record at the close of business on
February 19, 2010
.
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 public company, 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 payment card services. Licensed to conduct business across
Canada
, Home Trust has offices in Ontario, Alberta, British Columbia, Nova Scotia and
Quebec
.
For further information: Gerald M. Soloway, CEO, or Martin Reid, President, (416) 360-4663, www.homecapital.com
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