UTC.C - <span class="simulate_din_font">Utility Corp. Declares Monthly Dividend</span> (CAD 0.07)

Company: Utility Corp Cl C
Stock Name: UTC.C
Amount: CAD 0.07
Announcement Date: 23/04/2012
Record Date: 23/04/2012

Dividend Detail:

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TORONTO, April 23, 2012 /CNW/ - The Board of Directors of Utility Corp.
(the "Company") has today declared a regular monthly dividend
distribution of $0.07 per Class C Share payable on April 30, 2012 to
holders of record at the close of business on April 25, 2012.

Shareholders are entitled to receive dividends as declared by the Board
of Directors of Utility Corp.�� It is the Company's policy to declare
and pay equal monthly dividends on the outstanding Class C Shares based
on revenue received less expenses.

Utility Corp. is a mutual fund corporation whose investment portfolio
consists of publicly listed securities of selected Canadian utility and
telecommunication issuers.�� The Class C Shares of Utility Corp. are
listed for trading on the Toronto Stock Exchange under the symbol
UTC.C.

For further information:

Investor Relations
Utility Corp.
(416) 863-7893
E-mail:��mc_utility@scotiacapital.com
Web site:��www.scotiamanagedcompanies.com