Canadian General Investments, Limited Declares a Special Year-End Capital Gains Dividend Morgan Meighen & Associates
Toronto, Canada, December 4, 2007 -- Canadian General Investments, Limited today declared a special cash capital gains dividend of $1.36 per common share. This dividend is payable on December 28, 2007 to shareholders of record on December 21, 2007.
Including the quarterly income dividends of $0.06 per common share, total cash dividend payments of $1.60 per common share in 2007 represent a yield to investors of 5.45% based on the December 3, 2007 closing market price of $29.35.
Canadian General Investments, Limited, established in 1930, is one of Canada’s largest closed-end investment companies with total portfolio assets in excess of $850 million as at December 3, 2007.
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