Stock Name: CCH
Amount: CAD 0.0265
Announcement Date: 19/06/2012
Record Date: 27/06/2012
Dividend Detail:
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES/
TORONTO, June 19, 2012 /CNW/ - C2C Industrial Properties Inc. (the
"Company" or "C2C") (CCH: TSX-V), announced that the Board of Directors
has approved a quarterly dividend of $0.0265 per common share payable
on July 16, 2012 to the shareholders of record on June 29, 2012.�� The
ex-dividend date is June 27, 2012.
"C2C is fulfilling its stated intentions in regard to dividend
payments.�� The Company maintains a conservative payout ratio relative
to industry norms, as it focuses on maintaining a stable and growing
cash flow distribution to Shareholders as part of its value-add
business strategy," stated Chris Ross, President of C2C.
About C2C Industrial Properties Inc.
C2C is a real estate investment corporation specializing in the
acquisition, ownership and operation of industrial properties across
Canada. C2C owns fourteen industrial assets totalling approximately 1.2
million square feet. More information about C2C (CCH: TSX-V) is
available at www.sedar.com.
Forward Looking Statements
This document contains forward-looking statements relating to C2C and
the industry in which it operates and its strategy, action plans and
investments, which may involve estimates, forecasts and projections.
These statements are not guarantees of future performance and involve
risks and uncertainties that are difficult to predict and/or are beyond
C2C's control.�� Consequently, readers should not place any undue
reliance on such forward-looking statements. These forward-looking
statements are made as of the date of this press release. C2C is under
no obligation to update any forward-looking statements contained herein
should material facts change due to new information, future events or
other factors, unless otherwise required to do so by applicable law.
All forward-looking statements attributable to C2C are expressly
qualified by these cautionary statements.
The TSX Venture Exchange has neither approved nor disapproved the
contents of this press release.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this press
release.
For further information:
C2C Industrial Properties Inc.
Christopher Ross, President
(416) 646-7353
cross@c2cip.com
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