Genworth MI Canada Inc. Announces 9% Dividend Payment Increase In the Fourth
TORONTO, Oct. 29, 2013 /CNW/ - The Board of Directors of Genworth MI Canada
Inc. (the "Company") (TSX: MIC) today announced that it has authorized and
declared a dividend of $0.35 per common share for the fourth quarter of
2013. This dividend will be paid on November 29, 2013, to shareholders of
record at the close of business on November 15, 2013. This represents an
increase of $0.03 or 9% per common share.
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. (TSX: MIC) through its subsidiary, Genworth Financial
Mortgage Insurance Company Canada (Genworth Canada), is the largest private
residential mortgage insurer in Canada. The Company provides mortgage
default insurance to Canadian residential mortgage lenders, making
homeownership more accessible to first-time homebuyers. Genworth Canada
differentiates itself through customer service excellence, innovative
processing technology, and a robust risk management framework. For almost
two decades, Genworth Canada has supported the housing market by providing
thought leadership and a focus on the safety and soundness of the mortgage
finance system. As at September 30, 2013, Genworth Canada had $5.6 billion
total assets and $3.0 billion shareholders' equity. Find out more at
SOURCE Genworth Canada
Contact Information: Investors - Samantha Cheung,
firstname.lastname@example.org Media- Lisa Azzuolo,
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CO: Genworth MI Canada
NI: REL DIV
-0- Oct/29/2013 20:42 GMT
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