SSI-TAK Dividend Notice
Sheridan Services Inc., Sheridan Development and Takaful Canada Inc. Declare Dividend @3% for 2019 and 2020
June 30, 2021
The Board has declared a Dividend @0.75% per quarter effective March 31, 2021. This translates to an Annual Dividend @ 3% for the years 2019 and 2020. The Dividend Notices and the Stock Dividend Certificates are being mailed to all eligible Shareholders.
Since these corporations are taxable, all Shareholders are entitled to a 9.03% Dividend Tax Credit when they file their2021 income tax return in April 2022. After adding the Dividend Tax Credit, the actual Dividend could go as high as $3.27 per $100 investment for many of the Shareholders.