Dominion Lending Centres Inc. Increases Quarterly Dividend to $0.04 per Common Shares
Dominion Lending Centres (DLCG) has announced a 33% increase in its quarterly cash dividend to $0.04 per class "A" common share, up from the previous dividend rate. This increase brings the annualized dividend to $0.16 per share, compared to $0.12 per share in 2024. The dividend will be payable on June 13, 2025, to shareholders of record as of May 30, 2025, and will be designated as an "eligible dividend" for Canadian tax purposes.
CEO Gary Mauris attributed the dividend increase to the company's strong financial position, including a solid balance sheet, robust free cash flow generation, and positive long-term growth prospects.
Dominion Lending Centres (DLCG) ha annunciato un aumento del 33% del suo dividendo trimestrale in contanti, che passa a 0,04 $ per azione ordinaria di classe "A", rispetto al precedente tasso di dividendo. Questo aumento porta il dividendo annualizzato a 0,16 $ per azione, rispetto a 0,12 $ per azione nel 2024. Il dividendo sarà pagabile il 13 giugno 2025 agli azionisti registrati al 30 maggio 2025 e sarà qualificato come "dividendo idoneo" ai fini fiscali canadesi.
Il CEO Gary Mauris ha attribuito l'aumento del dividendo alla solida posizione finanziaria dell'azienda, che include un bilancio robusto, una forte generazione di flussi di cassa liberi e prospettive di crescita a lungo termine positive.
Dominion Lending Centres (DLCG) ha anunciado un aumento del 33% en su dividendo trimestral en efectivo, que ahora es de $0.04 por acción común clase "A", frente a la tasa anterior. Este incremento eleva el dividendo anualizado a $0.16 por acción, comparado con $0.12 por acción en 2024. El dividendo se pagará el 13 de junio de 2025 a los accionistas registrados a fecha del 30 de mayo de 2025 y será designado como un "dividendo elegible" para efectos fiscales en Canadá.
El CEO Gary Mauris atribuyó el aumento del dividendo a la sólida posición financiera de la empresa, incluyendo un balance sólido, una fuerte generación de flujo de caja libre y perspectivas positivas de crecimiento a largo plazo.
Dominion Lending Centres (DLCG)는 분기별 현금 배당금을 33% 인상하여 클래스 "A" 보통주당 $0.04로 조정했다고 발표했습니다. 이는 이전 배당금보다 증가한 수치입니다. 이번 인상으로 연간 배당금은 주당 $0.16가 되어 2024년의 $0.12에서 상승했습니다. 배당금은 2025년 6월 13일에 지급되며, 2025년 5월 30일 기준 주주 명부에 등재된 주주들에게 지급될 예정이며, 캐나다 세법상 "적격 배당금"으로 지정됩니다.
CEO 게리 모리스는 이번 배당금 인상이 견고한 재무 상태, 탄탄한 대차대조표, 강력한 자유 현금 흐름 창출 및 긍정적인 장기 성장 전망 덕분이라고 설명했습니다.
Dominion Lending Centres (DLCG) a annoncé une augmentation de 33% de son dividende trimestriel en espèces, porté à 0,04 $ par action ordinaire de catégorie "A", contre un taux de dividende précédent inférieur. Cette augmentation porte le dividende annualisé à 0,16 $ par action, contre 0,12 $ par action en 2024. Le dividende sera payable le 13 juin 2025 aux actionnaires inscrits au registre au 30 mai 2025, et sera qualifié de "dividende admissible" aux fins fiscales canadiennes.
Le PDG Gary Mauris a attribué cette hausse du dividende à la solide situation financière de l'entreprise, comprenant un bilan solide, une génération robuste de flux de trésorerie disponible et des perspectives de croissance à long terme positives.
Dominion Lending Centres (DLCG) hat eine 33%ige Erhöhung seiner vierteljährlichen Bardividende auf 0,04 $ pro Stammaktie der Klasse "A" bekanntgegeben, was über dem vorherigen Dividendenbetrag liegt. Diese Erhöhung bringt die annualisierte Dividende auf 0,16 $ pro Aktie, verglichen mit 0,12 $ pro Aktie im Jahr 2024. Die Dividende wird am 13. Juni 2025 an die zum 30. Mai 2025 eingetragenen Aktionäre ausgezahlt und wird für kanadische Steuerzwecke als "qualifizierte Dividende" eingestuft.
CEO Gary Mauris führte die Dividendenerhöhung auf die starke finanzielle Lage des Unternehmens zurück, einschließlich einer soliden Bilanz, einer robusten Generierung von freiem Cashflow und positiven langfristigen Wachstumsaussichten.
- 33% increase in quarterly dividend from previous rate
- Strong free cash flow generation supporting dividend increase
- Solid balance sheet position
- Positive long-term growth outlook
- None.
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2025) - Dominion Lending Centres Inc. (TSX: DLCG) ("DLCG" or the "Corporation") is pleased to announce that its Board of Directors has declared a quarterly cash dividend of
"We are pleased to announce an increase in our quarterly dividend," said Gary Mauris, Chairman and CEO of DLCG. "The increase is reflective of our ongoing commitment to delivering value to our shareholders and is supported by our solid balance sheet, strong free cash flow generation and positive long-term growth outlook for DLCG."
The dividend is payable on June 13, 2025, to shareholders of record as of May 30, 2025. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes.
About Dominion Lending Centres Inc.
Dominion Lending Centres Inc. is Canada's leading network of mortgage professionals. DLCG operates through Dominion Lending Centres Inc. and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc. and Newton Connectivity Systems Inc., and has operations across Canada. DLCG extensive network includes over 8,500 agents and over 500 locations. Headquartered in British Columbia, DLC was founded in 2006 by Gary Mauris and Chris Kayat.
DLCG can be found on X (Twitter), Facebook and Instagram and LinkedIn @DLCGmortgage and on the web at www.dlcg.ca.
Investor Contact:
| Eddy Cocciollo | James Bell |
| President | EVP, Corporate and Chief Legal Officer |
| 647-403-7320 | 403-560-0821 |
| eddy@dlc.ca |
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252019
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