Dominion Lending Centres Declares New Quarterly Dividend Payment

Author: Owen Jenkins Updated: 02-14-2025 08:18 AM

Dominion Lending Centres Announces Cash Dividend for Shareholders

In an exciting development for investors, Dominion Lending Centres Inc. (TSX:DLCG) has declared a cash dividend of $0.03 per class “A” common share. This announcement reflects the corporation's commitment to providing value to its shareholders. The dividend is set to be distributed on March 14, 2025, to those who hold shares as of February 28, 2025. This dividend will be categorized as an 'eligible dividend' under Canadian income tax regulations, which allows shareholders to benefit from favorable tax treatment.

Understanding Dominion Lending Centres Inc.

Dominion Lending Centres Inc. positions itself as a frontrunner in Canada’s mortgage industry. As the nation’s leading network of mortgage professionals, Dominion Lending Centres boasts a robust infrastructure supported by its core subsidiaries, which include MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc., and Newton Connectivity Systems Inc. This extensive family of companies is instrumental in providing comprehensive mortgage solutions to clients across Canada.

The Individuals Behind DLCG

The operational success of Dominion Lending Centres can be attributed to its founders, Gary Mauris and Chris Kayat, who established the company in 2006. Their vision has transformed the organization into a formidable presence in the mortgage industry, encompassing over 8,000 agents and 500 locations nationwide. This vast network not only enhances customer reach but also emphasizes the dedication of the company to providing top-notch mortgage services.

Engaging with Dominion Lending Centres

To stay connected with the latest updates and information from Dominion Lending Centres, they maintain an active presence on various social media platforms. You can find them on X (Twitter), Facebook, Instagram, and LinkedIn under the handle @DLCGmortgage. Additionally, for detailed company insights, visit their official website at www.dlcg.ca.

Contacting the Corporation

For inquiries and further information, shareholders and interested parties can reach out to the following key personnel at Dominion Lending Centres:

Eddy Cocciollo, President

Contact: 647-403-7320
Email: eddy@dlc.ca

James Bell, EVP, Corporate and Chief Legal Officer

Contact: 403-560-0821
Email: jbell@dlcg.ca

Frequently Asked Questions

What is the amount of the declared cash dividend by Dominion Lending Centres?

The declared cash dividend is $0.03 per class “A” common share.

On what date will the dividend be payable to shareholders?

The dividend will be payable on March 14, 2025.

Who are the founders of Dominion Lending Centres?

The company was founded by Gary Mauris and Chris Kayat in 2006.

How many agents are part of Dominion Lending Centres?

Dominion Lending Centres has over 8,000 agents spread across Canada.

Where can I find more information about Dominion Lending Centres?

Further information can be found on their official website at www.dlcg.ca.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

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