Income tax in Australia

Mount Logan Capital Inc. Announces September 2021 Interim Results; Declares Shareholder Distribution

Retrieved on: 
Tuesday, November 9, 2021

The Board has declared a cash dividend in the amount of CAD$0.02 per common share to be paid on December 23, 2021 to shareholders of record on November 22, 2021.

Key Points: 
  • The Board has declared a cash dividend in the amount of CAD$0.02 per common share to be paid on December 23, 2021 to shareholders of record on November 22, 2021.
  • We will hold a conference call on Friday, November 12, 2021 at 11:30 a.m. Eastern Time to discuss our third quarter 2021 financial results.
  • To join the call, please use the dial-in information below and ask to be joined into the Mount Logan Capital call.
  • About Mount Logan Capital Inc.
    Mount Logan Capital Inc. is an alternative asset management and insurance solutions company that is focused on public and private debt securities in the North American market and the reinsurance of annuity products.

Atrium Mortgage Investment Corporation Announces August 2021 Dividend

Retrieved on: 
Wednesday, August 4, 2021

Toronto, Ontario--(Newsfile Corp. - August 4, 2021) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of August 2021 of $0.075 per common share, to be paid September 14, 2021 to shareholders of record August 31, 2021.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - August 4, 2021) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of August 2021 of $0.075 per common share, to be paid September 14, 2021 to shareholders of record August 31, 2021.
  • Shareholders are reminded that Atrium offers a dividend reinvestment plan (DRIP) that allows them to automatically reinvest their dividends in new shares of Atrium at a 2% discount from market price and with no commissions.
  • This provides shareholders with an easy way to realize the benefits of compound growth of their investment in Atrium.
  • Atrium is a Mortgage Investment Corporation (MIC) as defined in the Canada Income Tax Act, 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.

Fraser Institute News Release: Alberta can regain tax advantage by reinstating 10% flat tax

Retrieved on: 
Tuesday, July 20, 2021

CALGARY, Alberta, July 20, 2021 (GLOBE NEWSWIRE) -- The Alberta government can reinstate a 10 per cent single-rate personal income tax and restore the Alberta Tax Advantage while incurring only a modest loss in revenue, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

Key Points: 
  • CALGARY, Alberta, July 20, 2021 (GLOBE NEWSWIRE) -- The Alberta government can reinstate a 10 per cent single-rate personal income tax and restore the Alberta Tax Advantage while incurring only a modest loss in revenue, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
  • The Alberta government in 2015 replaced the provinces 10 per cent single-rate personal income taxalso known as the flat taxwith a progressive tax system, which now includes five different rates and a 15 per cent top rate.
  • According to the study, if Alberta gradually reinstated the 10 percent single-rate income tax over four years, the provincial government would collect about $16 million less in personal income tax revenue in the first year following the reform.
  • By restoring the Alberta Tax Advantage, the government can help stimulate economic activity, which will increase prosperity among Albertans during the COVID recovery and beyond, Ferede said.

Canadian General Investments, Limited Declares Dividend on Common Shares

Retrieved on: 
Thursday, July 15, 2021

TORONTO, July 15, 2021 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited(TSX: CGI) (TSX: CGI.PR.D) (LSE: CGI) (CGI or the Company) has declared a quarterly dividend of $0.22 per share payable on September 15, 2021 to common shareholders of record at the close of business on August 31, 2021 (the Dividend).

Key Points: 
  • TORONTO, July 15, 2021 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited(TSX: CGI) (TSX: CGI.PR.D) (LSE: CGI) (CGI or the Company) has declared a quarterly dividend of $0.22 per share payable on September 15, 2021 to common shareholders of record at the close of business on August 31, 2021 (the Dividend).
  • The Dividend is a capital gains dividend for purposes of the Income Tax Act (Canada).
  • Since CGI qualifies as an investment corporation for Canadian income tax purposes, the payment of capital gains dividends allows the Company to recover taxes paid, or payable, on realized capital gains.
  • Non-residents of Canada will not be subject to Canadian withholding tax on the Dividend.

First Trust Energy Income and Growth Fund Declares its Quarterly Distribution of $0.30 Per Share

Retrieved on: 
Monday, July 12, 2021

First Trust Energy Income and Growth Fund (the "Fund") (NYSE American: FEN) has declared the Fund's regularly scheduled quarterly distribution of $0.30 per share.

Key Points: 
  • First Trust Energy Income and Growth Fund (the "Fund") (NYSE American: FEN) has declared the Fund's regularly scheduled quarterly distribution of $0.30 per share.
  • The distribution will be payable on July 30, 2021, to shareholders of record as of July 23, 2021.
  • The Fund focuses on investing in MLPs and related public entities in the energy sector which the Fund's investment sub-advisor believes offer opportunities for income and growth.
  • The Fund is treated as a regular corporation, or a "C" corporation, for United States federal income tax purposes and, as a result, is subject to corporate income tax to the extent the Fund recognizes taxable income.

Atrium Mortgage Investment Corporation Announces July 2021 Dividend

Retrieved on: 
Tuesday, July 6, 2021

Toronto, Ontario--(Newsfile Corp. - July 6, 2021) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of July 2021 of $0.075 per common share, to be paid August 12, 2021 to shareholders of record July 30, 2021.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - July 6, 2021) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of July 2021 of $0.075 per common share, to be paid August 12, 2021 to shareholders of record July 30, 2021.
  • Shareholders are reminded that Atrium offers a dividend reinvestment plan (DRIP) that allows them to automatically reinvest their dividends in new shares of Atrium at a 2% discount from market price and with no commissions.
  • This provides shareholders with an easy way to realize the benefits of compound growth of their investment in Atrium.
  • Atrium is a Mortgage Investment Corporation (MIC) as defined in the Canada Income Tax Act, 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.

Annaly Capital Management, Inc. Announces 2nd Quarter 2021 Common Stock Dividend of $0.22 per Share

Retrieved on: 
Wednesday, June 9, 2021

The Board of Directors of Annaly Capital Management, Inc. (NYSE: NLY) (Annaly or the Company) declared the second quarter 2021 common stock cash dividend of $0.22 per common share.

Key Points: 
  • The Board of Directors of Annaly Capital Management, Inc. (NYSE: NLY) (Annaly or the Company) declared the second quarter 2021 common stock cash dividend of $0.22 per common share.
  • This dividend is payable July 30, 2021, to common shareholders of record on June 30, 2021.
  • Annaly is a leading diversified capital manager that invests in and finances residential and commercial assets.
  • Annaly is internally managed and has elected to be taxed as a real estate investment trust, or REIT, for federal income tax purposes.

Hammond Power Solutions Declares Quarterly Dividend

Retrieved on: 
Tuesday, June 8, 2021

GUELPH, Ontario, June 08, 2021 (GLOBE NEWSWIRE) -- (TSX: HPS.A) The Board of Directors of Hammond Power Solutions Inc. (HPS) declared a quarterly cash dividend of eight and one half cents ($0.085) per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of eight and a half cents ($0.085) per Class B Common Share of HPS payable on June 29, 2021, to shareholders of record at the close of business on June 22, 2021.

Key Points: 
  • GUELPH, Ontario, June 08, 2021 (GLOBE NEWSWIRE) -- (TSX: HPS.A) The Board of Directors of Hammond Power Solutions Inc. (HPS) declared a quarterly cash dividend of eight and one half cents ($0.085) per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of eight and a half cents ($0.085) per Class B Common Share of HPS payable on June 29, 2021, to shareholders of record at the close of business on June 22, 2021.
  • HPS designates the entire amount of this taxable dividend to be an eligible dividend for purposes of the Income Tax Act (Canada), as amended from time to time.
  • Please contact your tax advisor if you have any questions with regard to the designation of the eligible dividend.
  • ABOUT HAMMOND POWER SOLUTIONS INC.
    Hammond Power Solutions Inc. (TSX: HPS.A) is a North American leader for the design and manufacture of dry-type custom electrical engineered magnetics, electrical dry-type and cast resin transformers.

Atrium Mortgage Investment Corporation Announces June 2021 Dividend

Retrieved on: 
Wednesday, June 2, 2021

Toronto, Ontario--(Newsfile Corp. - June 2, 2021) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of June 2021 of $0.075 per common share, to be paid July 13, 2021 to shareholders of record June 30, 2021.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - June 2, 2021) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of June 2021 of $0.075 per common share, to be paid July 13, 2021 to shareholders of record June 30, 2021.
  • Shareholders are reminded that Atrium offers a dividend reinvestment plan (DRIP) that allows them to automatically reinvest their dividends in new shares of Atrium at a 2% discount from market price and with no commissions.
  • This provides shareholders with an easy way to realize the benefits of compound growth of their investment in Atrium.
  • Atrium is a Mortgage Investment Corporation (MIC) as defined in the Canada Income Tax Act, 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.

Alamos Gold Declares Quarterly Dividend

Retrieved on: 
Wednesday, June 2, 2021

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.