Special Year-End Capital Gain

RNS Number : 6281X

Canadian General Investments Ld

08 December 2010

 



NEWS RELEASE TRANSMITTED BY MARKETWIRE                                                                                                             

FOR:   CANADIAN GENERAL INVESTMENTS, LIMITED

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

LONDON STOCK EXCHANGE: CGI

DECEMBER 8, 2010

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 $0.76 per common share.  This dividend is payable on December 24, 2010 to shareholders of record on December 22, 2010.

Including the quarterly income dividends of $0.06 per common share, total cash dividend payments of $1.00 per common share in 2010 represent a yield to investors of 5.1% based on the December 7, 2010 closing market price of $19.45.

Canadian General Investments, Limited, established in 1930, is one of Canada's largest closed-end investment companies with total portfolio assets in excess of $660 million as at December 7, 2010.

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FOR FURTHER INFORMATION PLEASE CONTACT:

Jonathan A. Morgan

President & CEO

Phone: [phone]

Fax: [phone]

e-mail: [e-mail]

website: www.mmainvestments.com

 

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