|
December 07, 2011
NEWS RELEASE TRANSMITTED BY MARKETWIRE FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.B, CGI.PR.C LONDON STOCK EXCHANGE: CGI
Canadian General Investments, Limited Declares a Special Year-End Capital Gains Dividend
TORONTO, CANADA -- Canadian General Investments, Limited today declared a special cash capital gains dividend of $0.56 per common share. This dividend is payable on December 28, 2011 to shareholders of record on December 22, 2011.
Including the quarterly income dividends of $0.06 per common share, total cash dividend payments of $0.80 per common share in 2011 represent a yield to investors of 5.0% based on the December 6, 2011 closing market price of $15.87.
Canadian General Investments, Limited, established in 1930, is one of Canada’s largest closed-end investment companies with total portfolio assets in excess of $590 million as at December 6, 2011.
-30-
FOR FURTHER INFORMATION PLEASE CONTACT: Jonathan A. Morgan President & CEO Phone: (416) 366-2931 Fax: (416) 366-2729 e-mail: cgifund@mmainvestments.com website: www.mmainvestments.com
|
