MARKHAM, ONTARIO--(Marketwired - Jan. 15, 2015) - Leisureworld Senior Care Corporation (TSX:LW) today announced that the Company's dividend for January, 2015 will be $0.075 per share, representing $0.90 per share on an annualized basis.
Payment will be made on February 13, 2015 to shareholders of record on January 30, 2015.
Leisureworld's dividends are designated as eligible dividends for Canadian tax purposes in accordance with subsection 89(14) of the Income Tax Act (Canada), and any applicable corresponding provincial and territorial provisions.
About Leisureworld
Leisureworld Senior Care Corporation is one of Canada's largest owners of seniors' housing and the largest licensed long-term care provider in Ontario, operating across four business lines. Leisureworld has 7,500 employees and owns and operates 35 long-term care homes across Ontario with 5,733 beds and 10 retirement residences, representing 1,065 suites, in Ontario and British Columbia. Under its management services division, Leisureworld provides management and consulting services to long-term care homes and retirement residences in Ontario. Subsidiaries include Preferred Health Care Services, an accredited provider of home care services. For more information, please visit Leisureworld's website at www.leisureworld.ca.