CALGARY, Nov. 19 /CNW/ - Olympia Financial Group Inc.'s board of directors has just approved, for the 8th year in a row, a dividend increase.
Commencing on January 31, 2010, the quarterly dividend will be 50 cents per quarter.
The increase in the dividend rate reflects the company's positive outlook for the future.
Olympia Financial Group Inc. is the parent company of Olympia Trust Company and Olympia Benefits Inc.
Olympia Financial Group Inc. designates the entire amount of this taxable dividend to be an "eligible dividend" for purposes of the Income Tax Act (Canada), as amended from time to time. Please contact your tax advisor if you have any questions with regards to the designation of the eligible dividend.
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SOURCE Olympia Financial Group Inc.
For further information: For further information: Rick Skauge, President, at (403) 261-7501, e-mail firstname.lastname@example.org or visit the website www.olympiatrust.com