EDMONTON, March 10, 2014 /CNW/ - Imperial Equities Inc. (TSX-V:IEI) through its Board of Directors
declared its Q1, 2014 quarterly dividend of $0.025 per share payable on
March 31, 2014 to shareholders of record on March 17, 2014. The
ex-dividend date has been set for March 15, 2014.
Net income for Q1, 2014 was $1,378,405 or $0.14 per share on revenue of
$17,855,923. The revenues were generated from both segments of Imperial
Equities being real estate and pharmaceutical distribution.
"The Board of Directors of Imperial Equities is pleased to reward its
loyal shareholder base with this Q1 dividend", said Sine Chadi,
President and CEO of Imperial Equities.
This dividend is an eligible dividend for the purposes of the income tax
About Imperial Equities Inc.:
Imperial Equities Inc. is based in Edmonton, Alberta. A diversified
company anchored by commercial and industrial real estate properties in
its targeted Edmonton and Alberta markets. Imperial also distributes
pharmaceutical products to the institutional and retail customers
through its wholly owned subsidiary, Imperial Distributors Canada Inc.
Additional information is available at: www.imperialequities.com.
Imperial's common shares are listed on the TSX Venture Exchange under
Neither TSX Venture nor its Regulation Services Provider accepts
responsibility for the adequacy or accuracy of this release.
SOURCE: Imperial Equities Inc.
For further information:
Sine Chadi, CEO
Imperial Equities Inc.