TIMIA Capital (TSE:MONT) has released an update.
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Montfort Capital Corp. has declared quarterly cash dividends for its Series A Class A and Series 1 Class C Preferred Shares, with payment to shareholders of record as of March 19, 2024, scheduled for March 28, 2024. The Class A shares will receive $0.02 each, while the Class C shares will receive $0.5520 each, both qualifying as ‘eligible dividends’ for Canadian income tax purposes. Future dividends will be subject to the discretion of the Montfort board of directors.
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