The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Marketwire

Deans Knight Income Corporation Announces Monthly Cash Dividend for Next Three Months

Thursday, April 05, 2012

Deans Knight Income Corporation Announces Monthly Cash Dividend for Next Three Months12:47 EDT Thursday, April 05, 2012VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 5, 2012) - 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 30, 2012, May 31, 2012 and June 29, 2012 to shareholders of record as of April 13, 2012, May 15, 2012 and June 15, 2012, 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: Reader Advisory 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 LangdonDeans Knight Income CorporationChief Executive Officer and Director(604)669-0212ORMark MylesDeans Knight Income CorporationChief Financial Officer(604)