Business News • MarketWire • Matrix Announces Initiation of Dividend & Normal Course Issuer Bid |
Matrix Announces Initiation of Dividend & Normal Course Issuer Bid |
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Matrix Announces Initiation of Dividend & Normal Course Issuer Bid
TORONTO, ONTARIO--(Marketwire - Dec. 6, 2010) - Matrix Asset Management Inc. ("Matrix") (TSX:MTA) announced today that its Board of Directors has adopted a cash management / dividend policy establishing regular quarterly dividends on the common shares of Matrix. An initial dividend under the Policy was declared by the Board at $0.015 per common share and is payable on December 30, 2010 to shareholders of record as of December 15, 2010. All future quarterly dividends will be subject to quarterly financial review and board approval.
View More : http://www.marketwire.com/mw/release.do?id=1364721&sourceType=3
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