EFT Canada Declares Dividend
June 09 2010 - 12:19PM
Marketwired
EFT Canada Inc. (TSX VENTURE: EFT), a leader in electronic
transaction processing, today announced that its Board of Directors
has approved the initiation of a cash dividend to its shareholders
in the amount of $0.005 per common share. The annual dividend will
paid on June 30, 2010 to shareholders of record on the close of
business on June 15, 2010.
While future dividends will be subject to Board approval, EFT
Canada announced that it is initially targeting an annual dividend
payout of $0.005 per common share which is anticipated to be paid
semi-annually.
"EFT Canada continues to focus on shareholder value and I am
pleased to announce this milestone," commented Jonathan Pasternak,
President. "The initiation of a regular dividend is part of our
commitment to return value to our shareholders."
About EFT Canada Inc.
EFT Canada, founded in 2003, is a financial processing company
that offers a complete solution to the collection and payment
processing needs of small and medium sized business merchants,
banks, credit unions, and other financial firms in Canada and the
United States. The Company develops, maintains and delivers
innovative electronic transaction processing technologies, such as
customized electronic payment and collection processing solutions
and gift and loyalty card services, by drawing on its operational
and applications expertise. For more information, please call
416-781-0666 or visit www.eftcanada.com.
This press release contains forward-looking statements which
reflect the Company's current expectations regarding future events.
The forward-looking statements involve risks and uncertainties.
Actual results could differ significantly from those projected
herein.
The Toronto Stock Exchange nor the TSX Venture Exchange have
reviewed and do not accept responsibility for adequacy or accuracy
of the content of the information contained herein.
Contacts: EFT Canada Inc. Jonathan Pasternak President (416)
781-0666 jpasternak@eftcanada.com