SSI-TAK Dividend Notice
Sheridan Services Inc. and
Takaful Canada Inc. Declare Dividend @3.6% for 2016|
June 9, 2017
The Board has declared a Dividend @0.9% per
quarter effective March 31, 2017. This translates to an Annual Dividend @ 3.6%
for the year 2016. 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 11% Dividend Tax Credit when they file their
income tax return in 2018. After adding the Dividend Tax Credit, the actual Dividend
could go as high as $4.00 per $100 investment for many of the Shareholders.