Press release from CNW Group
Regal Lifestyle Communities Inc. Declares May Dividend
Wednesday, May 15, 2013
Regal Lifestyle Communities Inc. Declares May Dividend19:02 EDT Wednesday, May 15, 2013
TORONTO, May 15, 2013 /CNW/ - Regal Lifestyle Communities Inc. ("Regal" or the "Company") (TSX: RLC) announced today a cash dividend of $0.0583 cents per share for the month ended May 31, 2013. The dividend is payable on June 14, 2013 to shareholders of record as at May 31, 2013.
About Regal Lifestyle Communities Inc.
Regal Lifestyle Communities Inc. is a corporation incorporated under the laws of the Province of Ontario. With the completion of its recent initial public offering and related transactions, the Company acquired a portfolio consisting of income-producing retirement communities offering primarily independent serviced living and assisted living programs. The Company's portfolio is comprised of ten "current generation" retirement communities with an average age of approximately five years, consisting of over 1,400 suites, primarily located in the Province of Ontario and including a property located in each of the Provinces of Saskatchewan and Newfoundland and Labrador.
For more information, visit the Company's issuer profile at www.sedar.com
SOURCE: Regal Lifestyle Communities Inc.
For further information:
Chief Financial Officer
Regal Lifestyle Communities Inc.