EDMONTON, AB, Dec. 15, 2020 /CNW/ - Imperial Equities Inc.
(TSXV: IEI) through its Board of Directors has declared a quarterly
dividend of $0.015 per share
effective Q1, 2020, payable on January 31,
2021 to shareholders of record effective January 15, 2021.
"After a very tumultuous year, we are pleased to bring back a
dividend for our shareholders. The suspension of the dividend
during the 3rd and 4th Quarters of 2020 was
out of an abundance of caution given the impacts from COVID-19 and
related economic uncertainty. As we emerge from 2020, our Board
feels confident in the fundamentals of our company which has
weathered the 2020 impacts well. Looking ahead we see growing
stability of our market and the projections for growth for our
Company," said Sine Chadi, President and CEO of Imperial
Equities.
This dividend is an eligible dividend for the purposes of the
Income Tax Act.
About Imperial Equities Inc:
Based in Edmonton, Alberta,
Imperial Equities Inc. is a publicly traded company anchored by
industrial, agricultural, and commercial real estate properties in
its targeted markets throughout Western
Canada. Additional information is available at:
www.imperialequities.com. Imperial's common shares are listed on
the TSX Venture Exchange under symbol IEI.
Neither TSX Venture nor its Regulation Services Provider
accepts responsibility for the adequacy or accuracy of this
release.
SOURCE Imperial Equities Inc.