WINNIPEG, Oct. 16 /CNW/ -- Exchange Income Corporation (TSX: EIF) (the "Corporation"), announced today that the Directors of the Corporation have declared two cash dividends, an eligible and an ineligible dividend, totaling $0.13 per share for the month ended October 30, 2009, payable November 13, 2009, to shareholders of record at the close of business on October 30, 2009.
The Corporation will notify all shareholders of the amount of the eligible dividend by posting a notice on the Corporation's website on or before the dividend is paid. It is currently estimated that the eligible dividend will be approximately $0.06 per share.
About Exchange Income Corporation
Exchange Income Corporation is a diversified acquisition-oriented company, focused on opportunities in the industrial products and transportation sectors which are ideally suited for public markets except for their size. The strategy of the Corporation is to invest in profitable, well-established companies with strong cash flows operating in niche markets in Canada and/or the United States.
The Corporation is currently operating in two niche business segments: aviation and specialty manufacturing. The aviation segment consists of Perimeter Aviation LP, Keewatin Air LP and Calm Air International LP, and the specialty manufacturing segment consists of Jasper Tank Ltd., Overlanders Manufacturing LP, Water Blast Manufacturing LP, and Stainless Fabrication, Inc. For more information on Exchange Income Corporation, please visit www.exchangeincomecorp.ca.
Additional information relating to the Corporation, including all public filings, is available on SEDAR (www.sedar.com).