Exchange Income (TSE:EIF) has released an update.
Exchange Income Corporation has declared a monthly dividend of $0.22 per share for April 2024, to be paid on May 15 to shareholders on record as of April 30. The company emphasizes its acquisition-oriented strategy in the Aerospace & Aviation and Manufacturing sectors, highlighting the option for shareholders to reinvest dividends through their plan. Exchange Income Corporation assures that these dividends are ‘eligible’ under Canadian tax laws, which may afford certain tax benefits to Canadian residents.
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