TORONTO, May 8, 2014 /CNW/ - The Board of Directors of Home Capital Group Inc.
(TSX: HCG) has approved the payment of a quarterly dividend of 16.0 cents per
share on the outstanding Common Shares of the Company, which is equivalent to
an annual dividend of 64.0 cents per share. The dividend is payable on June 1,
2014 to shareholders of record at the close of business on May 16, 2014.
The above-mentioned dividend on the Common Shares is designated as an
"eligible" dividend for the purposes of the Income Tax Act (Canada) and any
similar provincial legislation.
Home Capital Group Inc. is a public company, traded on the Toronto Stock
Exchange (HCG), operating through its principal subsidiary, Home Trust
Company. Home Trust is a federally regulated trust company offering deposit,
residential and non-residential mortgage lending, securitization of insured
residential first mortgage products, consumer lending, Visa and payment card
services. Licensed to conduct business across Canada, Home Trust has offices
in Ontario, Alberta, British Columbia, Nova Scotia, Quebec and Manitoba.
SOURCE Home Capital Group Inc.
Gerald M. Soloway, CEO, or Martin Reid, President 416-360-4663
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CO: Home Capital Group Inc.
NI: FIN DIV
-0- May/08/2014 12:00 GMT
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