Montreal, January 25, 2023, Dynacor Group Inc. (TSX: DNG) (Dynacor or the Corporation) announced its monthly dividend for February 2023. The declaration of a dividend payment of C$0.01 per common share will be payable on February 17, 2023, to shareholders of record as of the close of business on February 9, 2023. This dividend represents the thirty fifth (35th) dividend and twenty fifth (25th) monthly payment made to shareholders.
The Corporation’s monthly dividend qualifies as an “eligible dividend” for Canadian income tax purposes.
The payment and increase of dividends are at the discretion of the Board and will depend on the Corporation’s financial results, cash requirements, prospects and other factors deemed relevant by the Board. |