TORONTO, Nov. 21,
2022 /CNW/ - Chesswood Group Limited (TSX: CHW) today
announced that a dividend in an amount of four cents per share ($0.04) has been declared for the month of
November, payable on December 15,
2022, to shareholders of record at the close of business on
November 30, 2022.
Chesswood Group Limited for the purposes of the Income Tax Act
(Canada) and any similar
provincial legislation advises that the dividend declared for the
month ending November 30, 2022 and
all future dividends will be eligible dividends unless indicated
otherwise.
About Chesswood Group
Limited
Through three wholly-owned operating subsidiaries in
the United States and five
operating subsidiaries in Canada,
two of which are wholly-owned, Chesswood Group Limited is a North
American specialty finance company publicly traded on the Toronto
Stock Exchange. Colorado-based
Pawnee Leasing Corporation, founded in 1982, finances a highly
diversified portfolio of commercial equipment leases and loans
through relationships with over 600 brokers in the United States. Tandem Finance Inc.
provides financing in the U.S. through the equipment vendor
channel. Vault Credit Corporation, which through its predecessor
corporations, has been originating and servicing commercial
equipment leases and loans in Canada since 1996, specializes in equipment
leases and commercial loans across Canada, allowing for customizable financing
solutions while catering to a wide spectrum of credit tiers,
equipment types and sectors by offering industry-leading service
levels, experienced underwriters and account administrators. Vault
Credit operates through a nationwide network of more than 60
brokers. Vault Home Credit Corporation was launched in September 2021 and focuses on providing home
improvement and other consumer financing solutions in Canada. Rifco National Auto Finance
Corporation, with the mission to help Canadians own automobiles,
seeks to create sustainable long-term competitive advantages
through personalized partnerships with dealers, innovative
products, the use of industry-leading data and analytics, and
leading collection practices. Through Waypoint Investment Partners
Inc., a Toronto-based investment
manager and exempt market dealer, and Chesswood Capital Management
USA Inc., Chesswood Capital
Management provides private credit alternatives to Canadian and
U.S. investors seeking exposure to lease and loan receivables,
including those originated by Chesswood subsidiaries.
Based in Toronto, Canada,
Chesswood Group Limited's shares trade on the TSX under the symbol
CHW.
To learn more about Chesswood Group Limited, visit
www.ChesswoodGroup.com.
The websites of Chesswood Group Limited's operating businesses
are:
www.PawneeLeasing.com
www.BlueChipLeasing.com
www.TandemFinance.com
www.VaultCredit.com
www.VaultPay.ca
www.Rifco.net
www.WaypointInvestmentPartners.com
NO STOCK EXCHANGE, SECURITIES COMMISSION OR OTHER REGULATORY
AUTHORITY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED
HEREIN.
SOURCE Chesswood Group Limited
