EDMONTON, AB, July 6, 2022
/CNW/ - Imperial Equities Inc. (TSXV: IEI) through its Board of
Directors has declared a quarterly dividend of $0.02 per share effective Q3, 2022, payable on
July 29, 2022 to shareholders of
record effective July 18,
2022.
"This is the second Quarter after increasing our dividend to
$0.08/share annually, reflecting
stable earnings and consistent Company performance," said Sine
Chadi, President and CEO of Imperial Equities. "We are pleased
to be able to continue to deliver this return to our shareholders
as a key performance metric for our Company."
This dividend is an eligible dividend for the purposes of the
Income Tax Act.
About Imperial Equities
Inc:
Based in Edmonton, Alberta,
Imperial Equities Inc. is a publicly traded company anchored by
industrial, agricultural, and commercial real estate
properties in its targeted markets throughout Western Canada. Additional information is
available at: www.imperialequities.com. Imperial's common shares
are listed on the TSX Venture Exchange under symbol IEI.
Neither TSX Venture nor its Regulation Services Provider
accepts responsibility for the adequacy or accuracy of this
release.
SOURCE Imperial Equities Inc.
