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Bullboard - Stock Discussion Forum Maple Leaf Royalties Corp. V.MPL.P

TSXV:MPL.P - Post Discussion

Maple Leaf Royalties Corp. > Inaugural Divy !
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Post by freedom-1970 on Jul 04, 2015 11:42am

Inaugural Divy !

CALGARY, ALBERTA--(Marketwired - July 2, 2015) - Maple Leaf Royalties Corp. (TSX VENTURE:MPL) ("Maple Leaf") has declared an inaugural quarterly dividend of 0.3 cents per common share, payable in cash on July 31, 2015, to shareholders of record on July 15, 2015, with an ex-dividend date of July 13, 2015. This dividend has been designated as an eligible dividend for Canadian income tax purposes.

About Maple Leaf Royalties Corp.

Maple Leaf Royalties Corp. is focused on oil and gas royalty interests in Canada. The company owns royalties on oil and gas production with its current asset base concentrated in west central Alberta and including a mixture of oil, natural gas, and natural gas liquids from numerous producing wells. Royalty interests offer unique investment characteristics including revenue that is directly correlated with oil and gas prices, but with minimal exposure to capital and operating costs and no exposure to abandonment and reclamation costs. Maple Leaf intends to grow and diversify its royalty portfolio through the acquisition of additional royalty interests.

 


Read more at https://www.stockhouse.com/news/press-releases/2015/07/02/maple-leaf-royalties-corp-announces-inaugural-dividend#7HYFEvPjCzJvswBD.99
Comment by freedom-1970 on Jul 05, 2015 11:36am
With our cash flow increasing every month for the last 6 months we should be socking away around 100 k a month to make our next deal. One more deal will give us the size to really have the cash flow coming in....
Comment by freedom-1970 on Jul 05, 2015 10:51pm
July 13th is he last day to grab the first divy ! Not many shares under 40 cents on the tape..  Lets see if the smart money can add more before we gap up ! 
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