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, Inshaâ€™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.