Dividend Declaration - Special Year-End Dividend

RNS Number : 2163V

Canadian General Investments Ld

10 December 2013

 



NEWS RELEASE TRANSMITTED BY MARKETWIRED                                                                                                          

FOR:   CANADIAN GENERAL INVESTMENTS, LIMITED

TSX SYMBOLS: CGI, CGI.PR.C, CGI.PR.D

LONDON STOCK EXCHANGE: CGI

DECEMBER 10, 2013

Canadian General Investments, Limited

Declares a Special Year-End Capital Gains Dividend

TORONTO, CANADA -- Canadian General Investments, Limited today declared a special cash capital gains dividend of $0.50 per common share.  This dividend is payable on December 27, 2013 to shareholders of record on December 23, 2013.

Including the quarterly dividends of $0.06 per common share for the first three quarters of the year and $0.08 for the fourth quarter, total annual cash dividend payments of $0.76 per common share in 2013 represent a yield to investors of 4.1% based on the December 9, 2013 closing share price of $18.44.

Canadian General Investments, Limited, established in 1930, is one of Canada's largest closed-end investment companies with total portfolio assets in excess of $680 million as at December 9, 2013.

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FOR FURTHER INFORMATION PLEASE CONTACT:

Vanessa L. Morgan

Chairman

Phone: [phone]

Fax: [phone]

e-mail: [e-mail]

website: www.mmainvestments.com

 

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