Press release from Marketwire
Deans Knight Income Corporation Announces Monthly Cash Dividend for Next Three Months
Tuesday, March 22, 2011
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 22, 2011) - Deans Knight Income Corporation (the "Company") (TSX:DNC) is pleased to announce the continuation of its monthly cash dividend on its voting and non-voting common shares. For each of the next three months, the Company will pay $0.0583 per share, payable on each of April 29, 2011, May 31, 2011 and June 30, 2011 to shareholders of record as of April 15, 2011, May 16, 2011 and June 15, 2011, respectively.
About Deans Knight Income Corporation
Deans Knight Income Corporation is an investment company focused on investing in corporate debt securities, predominantly rated below investment grade. The Company's objective is to maximize the total return for shareholders, consisting of bond price appreciation and income received from bond investments. The Company intends to pay a monthly dividend to shareholders, based on earned income each month. The capital of the Company is actively managed by Deans Knight Capital Management, a respected investment firm, based in Vancouver B.C., that has been investing in corporate bonds since its inception in 1992. For information: www.dkincomecorp.com.
This press release contains the forward-looking statement relating to the Company's intention to pay a monthly dividend to shareholders. There can be no assurance that the Company will be successful in meeting its monthly dividend objectives. Forward-looking statements are made as of the date of this press release and, other than as required by applicable law, the Company assumes no obligation to update or revise them to reflect new events or circumstances.
FOR FURTHER INFORMATION PLEASE CONTACT:
Craig Langdon Deans Knight Income Corporation Chief Executive Officer and Director (604) 669-0212
Mark Myles Deans Knight Income Corporation Chief Financial Officer (604) 669-0212 www.dkincomecorp.com