ISC Announces Cash Dividend for Shareholders in Q1
ISC Declares Quarterly Cash Dividend
The Board of Directors of Information Services Corporation (TSX:ISC) has officially announced a quarterly cash dividend for its shareholders. This payment amounts to $0.23 per Class A Limited Voting Share,— a gesture that emphasizes the Company's dedication to providing value to its investors.
Dividend Details
This dividend is scheduled to be distributed on or before a specific date to those listed as shareholders by the end of the month. For shareholders, this dividend reflects not only the Company's performance but also its commitment to rewarding loyal investors.
Eligibility and Tax Implications
The declared dividend is recognized as an eligible dividend under the Income Tax Act, which means that Canadian residents receiving this dividend can benefit from an enhanced dividend tax credit. For accurate tax implications based on individual circumstances, it is advisable for shareholders to connect with tax advisors who can provide tailored guidance.
About Information Services Corporation
ISC is hailed as a premier provider of registry and information management services, operating to deliver solutions for public data and records management. With a solid foundation, the Company has dedicated itself to enhancing the security and administration of information through its various service segments: Registry Operations, Services, and Technology Solutions. They are not just steadfast in their core business but are actively exploring new avenues for growth, ensuring the Company's sustainability and relevance in the industry.
The Company's Growth Strategy
Looking forward, ISC is strategically positioned to consider new growth opportunities while maintaining its core operations. Shareholders can take comfort in the steady performance of the Class A Shares on the Toronto Stock Exchange under the symbol ISC.
Investor Communication
The commitment of ISC to its shareholders goes beyond financial announcements. The Company maintains open channels of communication for investor relations. Jonathan Hackshaw, the Senior Director of Investor Relations and Capital Markets, is available for inquiries via toll-free lines in North America, as well as direct lines for further assistance.
Frequently Asked Questions
What is the amount of the declared dividend?
The declared dividend amount is $0.23 per Class A Limited Voting Share.
When will the dividend be paid?
The dividend will be paid on or before a specified date to shareholders of record.
What is an eligible dividend?
An eligible dividend is one that qualifies for a tax credit under the Income Tax Act for Canadian residents.
Who should shareholders contact for tax advice?
Shareholders are encouraged to consult with their tax advisors for information on potential tax implications.
How can investors reach ISC for further information?
Investors can contact Jonathan Hackshaw, the Senior Director, Investor Relations & Capital Markets, at ISC for assistance.
About The Author
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