Mr. Jonathan Morgan reports
CANADIAN GENERAL INVESTMENTS, LIMITED DECLARES DIVIDEND ON COMMON SHARES
Canadian General Investments Ltd. has declared a quarterly dividend of 27 cents per share payable on Sept. 15, 2025, to common shareholders of record at the close of business on Aug. 29, 2025. The dividend is a capital gain dividend for purposes of the Income Tax Act (Canada).
Canadian General has the ability to pay two types of dividends to common shareholders: regular (taxable) dividends and capital gain dividends, such as this one. Since Canadian General qualifies as an investment corporation for Canadian income tax purposes, the payment of capital gain dividends allows the company to recover taxes paid, or payable, on realized capital gains.
Canadian General is a closed-end equity fund, focused on medium- to long-term investments in primarily Canadian corporations. Its objective is to provide better-than-average returns to investors through prudent security selection, timely recognition of capital gains/losses and appropriate income-generating instruments.
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