EDMONTON, AB, April 12,
2022 /CNW/ - Imperial Equities Inc. (TSX-V:
IEI) through its Board of Directors has declared a quarterly
dividend of $0.02 per share effective
Q2 2022, payable on April 30, 2022 to
shareholders of record effective April
20, 2022.
"The Board has approved an increase in dividends, to
$0.08/share annually, effective this
Quarter. This is a reflection of the renewed economic stability we
are experiencing, as well as our improving Company performance and
our optimism about our long-term prospects," said Sine Chadi,
President and CEO of Imperial Equities. "It has always been our
intent to increase the dividend at the appropriate time,
recognizing the importance of a consistent dividend as a key
Company mandate and a shareholder priority."
This dividend is an eligible dividend for the purposes of the
Income Tax Act.
About Imperial Equities
Inc:
Based in Edmonton, Alberta,
Imperial Equities Inc. is a publicly traded company anchored by
industrial, agricultural, and commercial real estate properties in
its targeted markets throughout Western
Canada. Additional information is available at:
www.imperialequities.com. Imperial's common shares are listed on
the TSX Venture Exchange under symbol IEI.
Neither TSX Venture nor its Regulation Services Provider
accepts responsibility for the adequacy or accuracy of this
release.
SOURCE Imperial Equities Inc.