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Cliffside Capital Ltd V.CEP

Cliffside Capital Ltd. is a Canada-based company engaged in investing in strategic partnerships. The Company holds investments in three limited partnerships, CAL LP, ACC LP III and CAR LP I. The Partnerships were formed to engage in the business of investing in retail sales/loan contracts originated by CanCap Management Inc. (CCMI) and secured by collateral charges on motor vehicles. The Company owns 85%, 60% and 75% of the partnership units in CAL LP, ACC LP III and CAR LP I respectively, and CCMI owns the remaining interest. The Company holds investments in the automotive financial services segment in Canada.


TSXV:CEP - Post by User

Post by Betteryear2on Nov 23, 2021 9:10pm
170 Views
Post# 34159800

Dividend

DividendCliffside also paid a quarterly cash dividend on the outstanding Common Shares of $0.0025 per Common Share (or $0.01 on an annualized basis) on November 1, 2021, to holders of Common Shares of record at the close of business on Oct 1, 2021. The dividend was an "eligible dividend" for Canadian income tax purposes.
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