Stock Name: DH
Amount: CAD 0.31
Announcement Date: 08/05/2012
Record Date: 29/05/2012
Dividend Detail:
TORONTO, May 8, 2012 /CNW/ - Davis + Henderson Corporation (TSX: DH)
("D+H" or "Davis + Henderson") today announced that its Board of
Directors has declared a quarterly dividend of $0.31 per common share
payable on June 29, 2012 to shareholders of record at the close of
business on May 31, 2012. The dividend is an eligible dividend for
Canadian income tax purposes.
Founded in 1875, Davis + Henderson provides innovative programs,
technology products, and technology based business services to
customers in the financial services industry who offer deposit,
lending, insurance and wealth management products to consumers and
businesses. Davis + Henderson Corporation is listed on the Toronto
Stock Exchange under the symbol DH. Further information can be found in
the disclosure documents filed by Davis + Henderson Corporation with
the securities regulatory authorities, available at www.sedar.com.
Forward-Looking Information
This press release contains certain statements that constitute
forward-looking information within the meaning of applicable securities
laws ("forward-looking statements"). Statements concerning D+H's
objectives, goals, strategies, intentions, plans, beliefs, expectations
and estimates, and the business, operations, financial performance and
condition of D+H are forward-looking statements. The words "believe",
"expect", "anticipate", "estimate", "intend", "may", "will", "would"
and similar expressions and the negative of such expressions are
intended to identify forward-looking statements, although not all
forward-looking statements contain these identifying words. These
forward-looking statements are subject to important assumptions,
including the following specific assumptions: the ability of D+H to
meet its revenue, EBITDA and Adjusted net income targets; general
industry and economic conditions; changes in D+H's relationship with
its customers and suppliers; pricing pressures and other competitive
factors; the anticipated effect of acquisitions on the financial
performance of D+H; and the expected benefits arising as a result of
the acquisitions. D+H has also made certain macroeconomic and general
industry assumptions in the preparation of such forward-looking
statements. While D+H considers these factors and assumptions to be
reasonable based on information currently available, there can be no
assurance that actual results will be consistent with these
forward-looking statements.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Business, or developments in D+H's
industry, to differ materially from the anticipated results,
performance, achievements or developments expressed or implied by such
forward-looking statements.
Risks related to forward-looking statements include, among other things,
challenges presented by declines in the use of personal and business
cheques; D+H's dependence on a limited number of large financial
institution customers and dependence on their acceptance of new
programs; strategic initiatives being undertaken to meet the D+H's
financial objective; stability and growth in the real estate, mortgage
and lending markets; as well as general market conditions, including
economic and interest rate dynamics. Given these uncertainties, readers
are cautioned not to place undue reliance on such forward-looking
statements. The documents incorporated by reference herein also
identify additional factors that could affect the operating results and
performance of D+H. Forward-looking statements are based on
management's current plans, estimates, projections, beliefs and
opinions, and D+H does not undertake any obligation to update
forward-looking statements should assumptions related to these plans,
estimates, projections, beliefs and opinions change except as required
by applicable securities laws.
All of the forward-looking statements made in this press release are
qualified by these cautionary statements and other cautionary
statements or factors contained herein, and there can be no assurance
that the actual results or developments will be realized or, even if
substantially realized, that they will have the expected consequences
to, or effects on, D+H.
For further information:
Brian Kyle, Executive Vice President and Chief Financial Officer, Davis + Henderson Corporation, (416) 696-7700,��investorrelations@dhltd.com or visit our website at��www.dhltd.com
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