Stock Name: RLC
Amount: CAD 0.0865
Announcement Date: 14/11/2012
Record Date: 28/11/2012
Dividend Detail:
TORONTO, Nov. 14, 2012 /CNW/ - Regal Lifestyle Communities Inc. ("Regal"
or the "Company") (TSX: RLC) announced today that its Board of
Directors declared an initial cash dividend of $0.0865 cents per share
for the 45-day period from October 16, 2012 to November 30, 2012.�� The
dividend is payable on December 14, 2012 to shareholders of record as
at November 30, 2012.
About Regal Lifestyle Communities Inc.
Regal Lifestyle Communities Inc. is a corporation incorporated under the
laws of the Province of Ontario. With the completion of its recent
initial public offering and related transactions, the Company acquired
a portfolio consisting of income-producing retirement communities
offering primarily independent serviced living and assisted living
programs. The Company's portfolio is comprised of ten "current
generation" retirement communities with an average age of approximately
five years, consisting of over 1,400 suites, primarily located in the
Province of Ontario and including a property located in each of the
Provinces of Saskatchewan and Newfoundland and Labrador.
Regal's goals are to deliver stable dividends to its shareholders while
expanding its portfolio of current generation retirement communities
over time through accretive acquisitions and expansions of owned
communities
For more information, visit the Company's issuer profile at www.sedar.com
SOURCE: Regal Lifestyle Communities Inc.
For further information:
Simon Nyilassy,
President and Chief Executive Officer
Regal Lifestyle Communities Inc.
(416) 777-9677 x 202
or
Harold Atterton,
Chief Financial Officer
Regal Lifestyle Communities Inc.
(416) 777-9677 x 203
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