Mr. Mike Pyle reports
EXCHANGE INCOME CORPORATION ANNOUNCES SEPTEMBER 2020 DIVIDEND
The directors of Exchange Income Corp. have declared eligible dividends totalling 19 cents per share for the month ended Sept. 30, 2020, payable Oct. 15, 2020, to shareholders of record at the close of business on Sept. 30, 2020.
Eligible shareholders have the opportunity to reinvest their dividends in accordance with the corporation's dividend reinvestment and share purchase plan. Additional details can be found in the investor information section of the corporation's website.
The dividend is designated as an eligible dividend under the Income Tax Act (Canada) and any corresponding provincial legislation. Under this legislation, individuals resident in Canada may be entitled to enhanced dividend tax credits which reduce income tax otherwise payable.
About Exchange Income Corp.
Exchange Income is a diversified acquisition-oriented company, focused in two sectors: aerospace and aviation services and equipment, and manufacturing. The corporation uses a disciplined acquisition strategy to identify already profitable, well-established companies that have strong management teams, generate steady cash flow, operate in niche markets and have opportunities for organic growth.
We seek Safe Harbor.
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