Canadian General Investments, Limited (CGI or the Company)
(TSX:CGI)(TSX:CGI.PR.C)(TSX:CGI.PR.D)(LSE:CGI) has declared a quarterly dividend
on its common shares.


Concurrently, the Board of Directors of the Company advanced a change in its
approach to common share dividend payments. Henceforth, it is the Board's
intention, when prudent, for CGI to provide its common shareholders with steady
to rising quarterly dividends. The capital gains facility, whereby the Company
is able to recoup capital gains taxes owing or payable when it distributes
capital gains dividends to its common shareholders, would continue to be used,
but the year-end special dividend would be de-emphasized and more of the annual
distributions would be paid to common shareholders in the form of the four
quarterly dividends. The Board believes this change should provide common
shareholders with greater reliability as to their expected dividend income and
potentially greater scope for share price appreciation. 


Accordingly, the Board announced that it is increasing the regular quarterly
cash dividend to $0.12 per share, reflecting a 4 cent or 50% increase over the
previous quarter's dividend. The dividend is payable on March 15, 2014 to common
shareholders of record at the close of business on February 28, 2014.


This dividend is designated as an "eligible dividend" for purposes of the Income
Tax Act (Canada).


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: 
Canadian General Investments, Limited
Jonathan A. Morgan
President & CEO
(416) 366-2931
(416) 366-2729 (FAX)
cgifund@mmainvestments.com
www.canadiangeneralinvestments.ca
Canadian General Investm... (TSX:CGI)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Canadian General Investm... Charts.
Canadian General Investm... (TSX:CGI)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Canadian General Investm... Charts.