AUS
NZ
UK
CA
USA
IND
Olympia Financial Group Inc. (TSX:OLY) is pleased to announce that its Board of Directors has declared a monthly cash dividend of $0.60 per common share. This dividend will be payable on September 27, 2024, to shareholders who are on record as of September 18, 2024. Notably, September 18, 2024, is also the ex-dividend date, meaning that shares purchased on or after this date will not be eligible for this dividend payment.
In line with the Canadian Income Tax Act, Olympia Financial Group Inc. has designated this dividend as an "eligible dividend." This designation can have advantageous tax implications for shareholders, potentially qualifying them for a more favorable tax treatment. Shareholders are encouraged to consult their tax advisors for detailed information on how this designation may impact their individual tax situations.
About Olympia Financial Group Inc.
Olympia Financial Group Inc. (OFGI) is a diversified financial services firm, with a broad range of operations conducted primarily through its subsidiary, Olympia Trust Company. Olympia Trust Company is a non-deposit taking trust company licensed to operate across several Canadian provinces, including Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick, and Nova Scotia.
Olympia Trust Company specializes in managing self-directed registered plan accounts, corporate trust services, and transfer agency services. These offerings are designed to meet the needs of individuals and businesses seeking flexible and comprehensive trust solutions.
In addition to its trust services, OFGI provides currency exchange and global payment services through its subsidiary, Olympia Currency and Global Payments Inc. This subsidiary supports both personal and corporate clients in managing their international financial transactions with ease and efficiency.
OFGI also operates Olympia Benefits Inc., which offers private health services plans and IT services tailored specifically for exempt market dealers, registrants, and issuers. These services are crafted to address the unique needs of professionals and organizations in the financial and investment sectors.
The announcement of the dividend underscores Olympia Financial Group Inc.'s commitment to delivering value to its shareholders while maintaining its broad array of financial services. For more information about the company's operations and financial performance, shareholders and interested parties can visit the company's official website or contact their investor relations department.
