GlobeNewswire2 months ago
Urbana Corporation ("Urbana") (TSX and CSE: URB, URB.A) announces that today its Board of Directors declared the company’s regular dividend of seven cents ($0.07) per share on the issued and outstanding common and non-voting Class A shares of Urbana. The dividend is payable on the 31st day of January, 2019 to the Shareholders of record at the close of business on the 17th day of January, 2019. The ex-dividend date is the 16th day of January, 2019. The Board will consider special dividends when it deems appropriate. Eligible Dividend Designation - pursuant to subsection 89(14) of the Income Tax Act of Canada (ITA) each dividend paid by Urbana qualifies as and is designated an eligible dividend for Canadian income tax purposes, as defined in subsection 89(1) of the ITA.