Taxation in Australia

Alamos Gold Declares Quarterly Dividend

Retrieved on: 
Wednesday, June 2, 2021
Taxation in Australia, Alamos Gold, Dividends, Corporate finance, Income tax in Australia, Alamos, Stock market, Financial markets

TORONTO, June 02, 2021 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (Alamos or the Company) today announced that the Companys Board of Directors has declared a quarterly dividend of US$0.025 per common share.

Key Points: 
  • TORONTO, June 02, 2021 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (Alamos or the Company) today announced that the Companys Board of Directors has declared a quarterly dividend of US$0.025 per common share.
  • The dividend is payable on June 30, 2021 to shareholders of record as of the close of business on June 16, 2021.
  • This dividend qualifies as an eligible dividend for Canadian income tax purposes.
  • Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America.

Fairfax Announces Quarterly Dividend on Series C, D, E, F, G, H, I, J, K and M Preferred Shares and Quarterly Dividend Rate for Series D, F, H and J Preferred Shares

Retrieved on: 
Tuesday, June 1, 2021
Finance, Financial markets, Corporate finance, Dividends, Taxation in Australia, Taxation in the United Kingdom, Shareholders, Corporate taxation, Tax withholding, Preferred stock, Dividend imputation, Dividend tax

Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.

Key Points: 
  • Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.
  • Fairfax has also determined the quarterly dividend rates in respect of the June 30, 2021 to September 29, 2021 dividend period for its floating rate preferred shares.
  • The rates, together with the dividends per share payable for such period (if and when declared), are set forth below:

World Financial Split Corp. Declares Quarterly Preferred Share Distribution

Retrieved on: 
Tuesday, June 1, 2021
Financial markets, Corporate finance, Finance, Dividends, Taxation in Australia, Shareholders, Preferred stock, Dividend tax, Dividend imputation

TORONTO, June 01, 2021 (GLOBE NEWSWIRE) -- (TSX: WFS.PR.A) World Financial Split Corp. has declared a quarterly distribution on its preferred shares in the amount of $0.13125 payable on June 30, 2021 to shareholders of record on June 15, 2021.

Key Points: 
  • TORONTO, June 01, 2021 (GLOBE NEWSWIRE) -- (TSX: WFS.PR.A) World Financial Split Corp. has declared a quarterly distribution on its preferred shares in the amount of $0.13125 payable on June 30, 2021 to shareholders of record on June 15, 2021.
  • To the extent that any portions of the distributions are ordinary taxable dividends and not capital gains dividends, they will be eligible dividends.
  • For further information, please contact Investor Relations at 416.681.3966, toll free at 1.800.725.7172, email at [email protected] or visit www.strathbridge.com .
  • Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

Templeton Global Income Fund (“GIM”) Announces Distribution

Retrieved on: 
Tuesday, June 1, 2021
Banking, Professional services, Finance, Finance, Money, Economy, Financial ratios, Investment funds, Investment, Dividend, Shareholders, Taxation in Australia, Return of capital, Income fund, Rate of return

Templeton Global Income Fund [NYSE: GIM] today announced a monthly distribution from net investment income of $0.0368 per share, payable on June 30, 2021, to shareholders of record on June 15, 2021 (Ex-Dividend Date: June 14, 2021).

Key Points: 
  • Templeton Global Income Fund [NYSE: GIM] today announced a monthly distribution from net investment income of $0.0368 per share, payable on June 30, 2021, to shareholders of record on June 15, 2021 (Ex-Dividend Date: June 14, 2021).
  • The Fund is managed with a goal of generating as much of the distribution as possible from net ordinary income and short-term capital gains, that is consistent with the Funds investment strategy and risk profile.
  • To the extent that sufficient distributable income is not available on a monthly basis, the Fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution rate.
  • A return of capital distribution does not necessarily reflect the Funds investment performance and should not be confused with yield or income.

CW BANCORP Quarterly Cash Dividend

Retrieved on: 
Thursday, May 27, 2021
Finance, Banking, Small business, Professional services, Technology, Online Retail, Mobile, Wireless, Retail, Shareholders, Corporate finance, Stock market, Dividends, Finance, Corporate taxation, Taxation in Australia

CW BANCORP (OTCQX: CWBK), the parent company of CommerceWest Bank announced the approval of a quarterly cash dividend by its Board of Directors.

Key Points: 
  • CW BANCORP (OTCQX: CWBK), the parent company of CommerceWest Bank announced the approval of a quarterly cash dividend by its Board of Directors.
  • The Board of Directors declared a cash dividend of $0.20 per common share, payable July 1, 2021 to shareholders of record on June 11, 2021.
  • CommerceWest Bank is a California based full service business bank with a unique vision and culture of focusing exclusively on the business community by delivering on customized products and services.
  • Founded in 2001 and headquartered in Irvine, California, the Bank serves businesses throughout the state of California.

Dynacor Declares June 2021 Monthly Dividend

Retrieved on: 
Thursday, May 27, 2021
Dividends, Shareholders, Finance, Corporate taxation, Taxation in Australia, Money, Economy, Universal basic income, Ex-dividend date, Dividend imputation

MONTREAL, May 27, 2021 (GLOBE NEWSWIRE) -- Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Corporation) announced its monthly dividend.

Key Points: 
  • MONTREAL, May 27, 2021 (GLOBE NEWSWIRE) -- Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Corporation) announced its monthly dividend.
  • The declaration of a dividend payment of C$0.0067 per common share will be payable on June 17, 2021, to shareholders of record as of the close of business on June 8, 2021.
  • This dividend represents the fifteenth dividend and fifth monthly payment made to shareholders.
  • The Corporations monthly dividend qualifies as an eligible dividend for Canadian income tax purposes.

Legg Mason Partners Fund Advisor, LLC Announces Distributions for Certain Closed-End Funds Pursuant to their Managed Distribution Policy for the Months of June, July, August, September, October, and November 2021

Retrieved on: 
Wednesday, May 26, 2021
Professional services, Finance, Finance, Money, Economy, Income fund, Taxation in Australia, Financial ratios, Taxation in the United States, Taxation in Canada

**The October and November distributions for the Western Asset Inflation-Linked Opportunities & Income Fund (WIW) will be declared at the next board meeting.

Key Points: 
  • **The October and November distributions for the Western Asset Inflation-Linked Opportunities & Income Fund (WIW) will be declared at the next board meeting.
  • Pursuant to its managed distribution policy, each Fund intends to make regular monthly distributions to shareholders at a fixed rate per common share, which rate may be adjusted from time to time by the Funds Board of Trustees.
  • The Board of Trustees may modify, terminate or suspend the managed distribution policy at any time.
  • The Funds distributions have been set based on the current level of income generated from the Funds investment portfolio and accumulated capital gains, if any.

Central Securities Corporation Declares Dividend

Retrieved on: 
Wednesday, May 19, 2021
Banking, Professional services, Finance, Tax, Taxation in Australia, Taxation in India

b'Of the $0.20 per share to be paid on June 25, 2021, $0.05 is expected to be taxable as ordinary income and $0.15 is expected to be taxable as long-term capital gain.

Key Points: 
  • b'Of the $0.20 per share to be paid on June 25, 2021, $0.05 is expected to be taxable as ordinary income and $0.15 is expected to be taxable as long-term capital gain.
  • The final tax breakdown of all amounts paid during 2021 will be available after year end.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210519005861/en/\n'

Atrium Mortgage Investment Corporation Announces Election of Directors

Retrieved on: 
Thursday, May 13, 2021
Mortgage-backed security, Finance, Taxation in Australia, Mortgage investment corporation, Money, Corporate finance, Income tax, Dividends, Corporate taxation

b"Atrium is a non-bank provider of residential and commercial mortgages that lends in major urban centres in Canada where the stability and liquidity of real estate are high.

Key Points: 
  • b"Atrium is a non-bank provider of residential and commercial mortgages that lends in major urban centres in Canada where the stability and liquidity of real estate are high.
  • Atrium's objectives are to provide its shareholders with stable and secure dividends and preserve shareholders' equity by lending within conservative risk parameters.\nAtrium is a Mortgage Investment Corporation (MIC) as defined in the Income Tax Act (Canada), so is not taxed on income provided that its taxable income is paid to its shareholders in the form of dividends within 90 days after December 31 each year.
  • Such dividends are generally treated by shareholders as interest income, so that each shareholder is in the same position as if the mortgage investments made by the company had been made directly by the shareholder.
  • For further information, please refer to regulatory filings available at www.sedar.com or Atrium's website at www.atriummic.com .\n"

ECN Capital Reports US$0.08 in Adjusted Net Income per Common Share in Q1-2021 Solid Q1 Results Across Businesses

Retrieved on: 
Wednesday, May 12, 2021
Financial markets, Taxation in Australia, Corporate finance, Dividend, Shareholders, ECN Capital, Income tax in the United States, Income tax in Australia, Share, Finance

b'TORONTO, May 12, 2021 (GLOBE NEWSWIRE) -- ECN Capital Corp. (TSX: ECN) (\xe2\x80\x9cECN Capital\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) today reported financial results for the three-month period ended March 31, 2021.\nFor the three-month period ended March 31, 2021, ECN Capital reported Adjusted net income applicable to common shareholders from continuing operations of $19.7 million or $0.08 per share (basic) versus $19.7 million or $0.08 per share (basic) for the previous three-month period and $14.5 million or $0.06 per share (basic) for the same period last year.\n\xe2\x80\x9cECN had strong Q1 results across each of the businesses\xe2\x80\x9d, said Steven Hudson, CEO of ECN Capital Corp. \xe2\x80\x9c$0.08 per share is at the high end of our Q1 guidance of $0.07-$0.08 from our Investor Day.

Key Points: 
  • b'TORONTO, May 12, 2021 (GLOBE NEWSWIRE) -- ECN Capital Corp. (TSX: ECN) (\xe2\x80\x9cECN Capital\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) today reported financial results for the three-month period ended March 31, 2021.\nFor the three-month period ended March 31, 2021, ECN Capital reported Adjusted net income applicable to common shareholders from continuing operations of $19.7 million or $0.08 per share (basic) versus $19.7 million or $0.08 per share (basic) for the previous three-month period and $14.5 million or $0.06 per share (basic) for the same period last year.\n\xe2\x80\x9cECN had strong Q1 results across each of the businesses\xe2\x80\x9d, said Steven Hudson, CEO of ECN Capital Corp. \xe2\x80\x9c$0.08 per share is at the high end of our Q1 guidance of $0.07-$0.08 from our Investor Day.
  • These dividends are designated to be eligible dividends for purposes of section 89(1) of the Income Tax Act (Canada).\nA quarterly dividend of $0.390625 per outstanding Cumulative 5-Year Rate Reset Preferred Share, Series C (TSX: ECN.PR.C) payable on June 30, 2021 to shareholders of record on the close of business on June 15, 2021.
  • These dividends are designated to be eligible dividends for purposes of section 89(1) of the Income Tax Act (Canada).\nThe Company will host its analyst briefing to discuss these results commencing at 5:30 PM (ET) on Wednesday, May 12, 2021.
  • The call can be accessed as follows:\n'