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Huntwicke Capital Group Inc (ID) HCGI

Magnolia Lane Income Fund formerly known as Magnolia Lane Income Fund is a real estate investment arm of Magnolia Lane Financial, Inc specializing in acquisition of properties in small markets. The firm develops property, syndicate, manage, and acquire property for capital appreciation. It previously operates as a stock agent in the wool trade. Magnolia Lane Income Fund was founded on 12 May 2009 and is based in Topsfield, Massachusetts.


OTCID:HCGI - Post by User

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  • TimeBuilderX
Comment by TimeBuilderon Apr 01, 2017 6:44pm
210 Views
Post# 26063670

RE:Dividend Logic

RE:Dividend Logic

CORPORATE DEVELOPMENT

The Company is pleased to announce that the Board of Directors has approved a dividend policy recommending the payment of a quarterly dividend of C$0.01 per common share (C$0.04 per common share annually). The inaugural quarterly dividend of C$0.01 per common share is payable on July 14, 2017 to shareholders of record as at the close of business on June 30, 2017.

The declaration and payment of dividends remains at the discretion of the Board of Directors and will depend on the Company's financial results, cash requirements, future prospects and other factors deemed relevant by the Board.


Read more at https://www.stockhouse.com/news/press-releases/2017/03/29/kirkland-lake-gold-reports-strong-q4-2016-and-full-year-financial-results#1TMeAEwBye4PMSoD.99

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