TORONTO, July 31, 2012 /CNW/ - The Board of Directors of Genworth MI
Canada Inc. (the "Company") (TSX: MIC) today announced that it has
authorized and declared a shareholder dividend of $0.29 per common
share for the third quarter of 2012. This dividend will be paid on
August 31, 2012, to shareholders of record at the close of business on
August 15, 2012.
Genworth MI Canada Inc. designates any and all dividends paid or deemed
for Canadian federal, provincial or territorial income tax purposes to
be paid as "eligible dividends", unless indicated otherwise in respect
of dividends paid subsequent to this notification, and hereby notifies
all recipients of such dividends of this designation.
About Genworth MI Canada Inc.
Genworth MI Canada Inc., through its subsidiary, Genworth Financial
Mortgage Insurance Company Canada, has been the leading Canadian
private residential mortgage insurer since 1995. Known as Genworth
Canada, "The Homeownership Company," it provides default mortgage
insurance to Canadian residential mortgage lenders that enables low
down payment borrowers to own a home more affordably and stay in their
homes during difficult financial times. Genworth Canada combines
technological and service excellence with risk management expertise to
deliver innovation to the mortgage marketplace. As of June 30, 2012,
Genworth Canada had $5.5 billion total assets and $2.8 billion
shareholders' equity. Based in Oakville, Ontario, Genworth Canada
employs approximately 260 people across Canada. Find out more at www.genworth.ca.
SOURCE: Genworth MI Canada
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