Imperial Equities declares quarterly dividend

EDMONTON, May 29, 2013 /CNW/ - Imperial Equities Inc. (TSX-V:IEI) through its Board of Directors declared its Q2, 2013 quarterly dividend of $0.025 per share payable on June 28, 2013 to shareholders of record on June 14, 2013. The ex-dividend date has been set for June 12, 2013.

Net income for Q2, 2013 was $380,610 or $0.04 per share on revenue of $14 million. The revenues were generated from both segments of Imperial Equities being real estate and pharmaceutical distribution.

"The Board of Directors of Imperial Equities are pleased to reward its loyal shareholder base with this Q2 dividend", said Sine Chadi, President and CEO of Imperial Equities. 

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 symbol IEI.

Neither TSX Venture nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Imperial Equities Inc.

Editorial Contact:

Sine Chadi, CEO
Imperial Equities Inc.
Phone: [phone]
Email: [email protected]