Stock Name: MIC
Amount: CAD 0.29
Announcement Date: 02/02/2012
Record Date: 13/02/2012
Dividend Detail:
TORONTO, Feb. 2, 2012 /CNW/ - The Board of Directors of Genworth MI
Canada Inc. (the "Company") (TSX: MIC) today announced that it has
authorized and declared a shareholder dividend of $0.29 per common
share for the first quarter of 2012.This dividend will be paid on
March 1, 2012, to shareholders of record at the close of business on
February 15, 2012.
Genworth MI Canada Inc. designates any and all dividends paid or deemed
for Canadian federal, provincial or territorial income tax purposes to
be paid as "eligible dividends", unless indicated otherwise in respect
of dividends paid subsequent to this notification, and hereby notifies
all recipients of such dividends of this designation.
About Genworth MI Canada Inc.
Genworth MI Canada Inc., through its subsidiary, Genworth Financial
Mortgage Insurance Company Canada, has been the leading Canadian
private residential mortgage insurer since 1995.Known as Genworth
Financial Canada, "The Homeownership Company," it provides default
mortgage insurance to Canadian residential mortgage lenders that
enables low down payment borrowers to own a home more affordably and
stay in their homes during difficult financial times.Genworth
Financial Canada combines technological and service excellence with
risk management expertise to deliver innovation to the mortgage
marketplace.As at December 31, 2011, Genworth Financial Canada had
$5.4 billion in total assets and $2.7 billion in shareholders'
equity.Based in Oakville, Ontario, the Company employs approximately
265 people across Canada. Additional information about Genworth MI
Canada Inc. is available at www.genworth.ca.
For further information:
Investors - Samantha Cheung, 905-287-5482samantha.cheung@genworth.com
Media- Lisa Azzuolo, 905-287-5520lisa.azzuolo@genworth.com
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