Mr. Alex Baluta reports
FLOW CAPITAL ANNOUNCES A CASH DIVIDEND OF $0.0696 PER SHARE ON SERIES A PREFERRED SHARES
Flow Capital Corp.'s board of directors has declared a cash dividend of 6.96 cents per Series A preferred share, payable on Oct. 16, 2023, to holders of record of preferred shares as at Sept. 30, 2023. The dividend represents the dividend payable on the preferred shares for the period from July 1, 2023, to Sept. 30, 2023.
This dividend is designated by the company to be an eligible dividend for the purpose of the Income Tax Act (Canada) and any similar provincial or territorial legislation. An enhanced dividend tax credit applies to eligible dividends paid to Canadian residents.
The declaration and payment of dividends on the preferred shares is at the discretion of the board of directors of the company and any future declaration of dividends on the preferred shares will depend on the company's financial results, cash requirements, future prospects and other factors deemed relevant by the board of directors of the company.
About Flow
Capital
Corp.
Flow Capital is a diversified alternative asset investor and adviser, specializing in providing minimally dilutive capital to emerging growth businesses.
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