SSI-TAK Dividend Notice
Sheridan Services Inc. and Takaful Canada Inc. Declare Dividend @3% for 2017 and 2018|
June 7, 2019
The Board has declared a Dividend @0.75% per quarter effective March 31, 2019. This translates to an Annual Dividend @ 3% for the years 2017 and 2018. The Dividend Notices and the Stock Dividend Certificates will be mailed soon to all eligible Shareholders, Insha’Allah.
Since these corporations are taxable, all Shareholders are entitled to a 9.03% Dividend Tax Credit when they file their 2019 income tax return in 2020. After adding the Dividend Tax Credit, the actual Dividend could go as high as $3.27 per $100 investment for many of the Shareholders.