Leisureworld Announces June Dividend
JUN 15, 2012 - 10:40 ET
FOR: LEISUREWORLD SENIOR CARE CORPORATION
MARKHAM, ONTARIO--(Marketwire - June 15, 2012) - Leisureworld Senior Care Corporation (TSX:LW) today announced that the Company's dividend for June, 2012 will be $0.0708 per share, representing $0.85 per share on an annualized basis. Payment will be made on July 13, 2012 to shareholders of record June 29, 2012.
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.
Leisureworld is the third largest licensed long-term care (LTC) provider in Ontario, owning and operating 26 LTC homes with 4,314 beds. Leisureworld also owns and operates six retirement residences in Ontario and British Columbia, comprising 715 suites, and one independent living residence in Ontario with 53 apartments. Leisureworld subsidiaries include: Preferred Health Care Services, an accredited provider of professional nursing and personal support services; and Ontario Long Term Care, a provider of purchasing services, and dietary, social work, and other regulated health professional services. For more information, please visit the Company's website at www.leisureworld.ca.
Leisureworld Senior Care Corporation