VANCOUVER, June 15, 2017 /CNW/ - On June 15, 2017, the Directors of Wall Financial
Corporation (the "Company") declared a cash dividend of
$0.50 for each Common Share without
par value in the capital of the Company (the aggregate of the
dividend being $16,976,682.50) to the
holders of record of the Common Shares without par value on the
29th day of June 2017 to
be payable on or before the 13th day of July,
2017. The Company, for the purposes of the Income tax Act
(Canada) and any similar
provincial legislation, notifies that the dividend declared on
June 15, 2017 is designated as an
eligible dividend, and that all future dividends are designated as
"eligible dividends", unless indicated otherwise.
The above information is expressed in Canadian dollars and is
prepared in accordance with Canadian generally accepted accounting
principles.
Wall Financial Corporation is a B.C. based real estate company
active in the development and management of residential rental
apartments, development and construction of residential housing for
resale, and the development and management of hotel properties.
The Toronto Stock Exchange does not accept responsibility for
the adequacy and accuracy of this release. The Toronto Stock
Exchange has neither approved nor disapproved of the contents of
this release.
SOURCE Wall Financial Corporation