Canadian General Investments, Limited Declares Dividend on Common Shares
Get Alerts CGI Hot Sheet
Join SI Premium – FREE
TORONTO, Canada, April 24, 2025 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (“CGI” or “the Company”) (TSX: CGI) (LSE: CGI) has declared a quarterly dividend of $0.27 per share payable on June 15, 2025 to common shareholders of record at the close of business on May 30, 2025 (“the Dividend”). This dividend is designated as an "eligible dividend” for purposes of the Income Tax Act (Canada).
CGI has the ability to pay two types of dividends to common shareholders: regular (taxable) dividends, such as this one, and capital gains dividends. Since CGI qualifies as an investment corporation for Canadian income tax purposes, the payment of capital gains dividends allows the Company to recover taxes paid, or payable, on realized capital gains.
CGI is a closed-end equity fund, focused on medium to long-term investments in primarily Canadian corporations. Its objective is to provide better than average returns to investors through prudent security selection, timely recognition of capital gains/losses and appropriate income generating instruments.
FOR FURTHER INFORMATION PLEASE CONTACT:
Jonathan A. Morgan
President & CEO
Phone: (416) 366-2931
Fax: (416) 366-2729
e-mail: [email protected]
website: www.canadiangeneralinvestments.ca
Source: Canadian General Investments, Limited
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Amanda Demanda of Amanda Demanda Injury Lawyers Encourages Houstonians to Support Family of Lorenzo Salgado Araujo Following Tragic Death
- Western Uranium & Vanadium Provides Update on Mill License Application
- Western Uranium & Vanadium Provides Update on Mill License Application
Create E-mail Alert Related Categories
Globe Newswire, Press ReleasesRelated Entities
DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share