Onex Corporation Announces Latest Quarterly Dividend Update
Onex Corporation Declares Third-Quarter Dividend
Onex Corporation today announced a third-quarter dividend of C$0.10 per Subordinate Voting Share. This announcement highlights the company’s ongoing commitment to delivering value to its shareholders. The dividend is slated to be payable on October 31, 2024, to shareholders who are on record as of October 10, 2024.
Understanding Onex Corporation
Founded in 1984, Onex Corporation operates as a global asset management firm. Over the years, it has built a robust track record of creating value not only for its clients but also for its shareholders. The company thrives by managing a diverse portfolio of investments sourced from a variety of clients, including pension plans, sovereign wealth funds, and high-net-worth individuals.
Financial Strength of Onex
As of now, Onex boasts an impressive $49 billion in assets under management. Out of this, $8.5 billion represents Onex's own investment capital, showcasing its strong commitment to its investment strategies and the confidence the firm has in its operations.
Global Presence and Expertise
Onex operates offices in major financial hubs, including Toronto, New York, New Jersey, and London. This global footprint enables it to tap into various markets effectively, further enhancing its ability to manage investments efficiently.
Investment Strategy
The investment philosophy at Onex is centered around finding undervalued assets and partnerships that present significant growth potential. This strategy is designed to create long-term value, benefiting both its clients and shareholders alike.
Contact Information for Shareholder Relations
For any inquiries regarding shareholder relations, Onex provides direct access to their Vice President, Zev Korman. Interested parties can contact him at +1 416.362.7711 for personalized assistance on matters related to investments or shareholder communications.
Frequently Asked Questions
What is the dividend declared by Onex Corporation?
Onex Corporation declared a third-quarter dividend of C$0.10 per Subordinate Voting Share.
When will the dividend be paid?
The dividend is scheduled to be paid on October 31, 2024.
Who is eligible for the dividend?
Shareholders on record as of October 10, 2024, will be eligible for the dividend payment.
What is the asset under management for Onex?
Onex manages $49 billion in assets, which reflects its considerable size and influence in the market.
Who can I contact for further information about Onex?
You can contact Zev Korman, Vice President of Shareholder Relations, at +1 416.362.7711 for more information.
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