TSX:DLCG - Post Discussion
Post by
tinkvid on Apr 14, 2022 10:00am
RE:Dividend
* Strong insider buying
* Substantial issuer Bid completed
* Graduation to the TSX
* Purchased Remaining 30% stake in Newton Connectivity for 24 mil
* Inaugural Quarterly Dividend beginning June 15, 2022
If they can sell the non-core assets and retire the Preferreds the Free cash flow will triple!
Dividend
Dominion Lending Centres Inc. (DLCG-T) announced the implementation of a quarterly dividend on its Class A common shares. The company said it will pay 3 cents per share on June 15 to shareholders of record on June 1.
“While the corporation continues to prioritize the allocation of free cash flow to growth initiatives and debt reduction, DLC’s strong financial outlook and operating results have enabled the implementation of the quarterly dividend to further augment shareholder returns,” the company stated.
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