MARKHAM, Ontario, Dec. 13, 2018 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) introduced that it has declared a money dividend of C$0.04 per frequent share of the Company (the “Common Share”) for the month of December 2018, which is payable on January 15, 2019 to shareholders of file on the shut of enterprise on December 31, 2018. This dividend is designated as an “eligible dividend” throughout the that means of the Income Tax Act (Canada).
Extendicare has a Dividend Reinvestment Plan (the “DRIP”), which offers Canadian resident holders of Common Shares with the chance to extend their respective investments at a 3% low cost to the amount weighted common buying and selling value of the Common Shares on the TSX for the 5 buying and selling days instantly previous the dividend fee date. A duplicate of the DRIP bundle is accessible beneath the buyers part of Extendicare’s web site.
A number one supplier of care and providers for seniors throughout Canada, Extendicare is dedicated to delivering high quality care all through the health continuum to fulfill the wants of a rising seniors inhabitants, by its community of 120 senior care and retirement residing centres (67 owned/53 managed) and residential health care operations, beneath the Extendicare, Esprit Lifestyle and ParaMed manufacturers. Our certified and extremely educated workforce of 23,600 people is devoted to serving to individuals reside higher by a dedication to high quality service and a ardour for what we do.
Information supplied by Extendicare sometimes, together with this launch, comprises or might include forward-looking statements regarding anticipated monetary occasions, outcomes, circumstances, financial efficiency or expectations with respect to Extendicare and its subsidiaries, together with, with out limitation, statements concerning its enterprise operations, enterprise technique, and monetary situation. Forward-looking statements may be recognized as a result of they typically include the phrases “anticipate”, “believe”, “estimate”, “expect”, “intend”, “objective”, “plan”, “project”, “will” or different comparable expressions or the unfavorable thereof. Forward-looking statements mirror administration’s beliefs and assumptions and are based mostly on data at the moment accessible, and Extendicare assumes no obligation to replace or revise any forward-looking assertion, besides as required by relevant securities legal guidelines. These statements aren’t ensures of future efficiency and contain recognized and unknown dangers, uncertainties and different components which will trigger precise outcomes, efficiency or achievements of Extendicare to vary materially from these expressed or implied within the statements. Given these dangers and uncertainties, readers are cautioned to not place undue reliance on Extendicare’s forward-looking statements. Further data may be discovered within the disclosure paperwork filed by Extendicare with the securities regulatory authorities, accessible at www.sedar.com and on Extendicare’s web site at www.extendicare.com.
For additional data, contact:
Jillian E. Fountain
Vice President, Investor Relations
Phone: (905) 470-5534; Fax: (905) 470-4003