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REGINA, Saskatchewan, May 7, 2024 (GLOBE NEWSWIRE) — The Board of Directors of Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today declared a quarterly cash dividend of $0.23 per Class share A with limited voting rights (“Class A share”). The dividend will be paid on or before July 15, 2024 to shareholders of record as of June 30, 2024.
The dividend was designated as a permissible dividend as per the Income Tax Act. An eligible dividend paid to a Canadian resident is eligible for the expanded dividend tax credit. For further information regarding tax implications, please contact a tax advisor.
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About ISC®
Headquartered in Canada, ISC is a leading provider of registration and information management services for public data and records. Throughout our history, we have provided value to our customers by providing solutions to manage, secure and manage information through our Registry Operations, Services and Technology Solutions segments. ISC is focused on maintaining its core business while pursuing new growth opportunities. ISC’s Class A shares trade on the Toronto Stock Exchange under the symbol ISV.
CNote Regarding Forward-Looking Information
This press release contains certain forward-looking information within the meaning of applicable Canadian securities laws, including, without limitation, expectations regarding the payment of dividends. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information. Important factors that could cause actual results to differ materially from the Company’s plans or expectations include risks associated with changes in economic conditions, including those arising from public health concerns, dependence on important Customers and licenses, the dependency on important projects and customers. Securing new business and fixed price contracts, identifying viable growth opportunities, implementing our growth strategy, competition and other risks detailed from time to time in the Company’s filings, including those detailed in ISC’s Annual Information Form for the year ended December 31. March 2023 and ISC’s consolidated financial statements and notes and management’s discussion and analysis for the first quarter ended March 31, 2024. Copies thereof are filed on SEDAR+ at www.sedarplus.ca.
The forward-looking information in this press release is made as of the date hereof and ISC undertakes no obligation to update or revise this information to reflect new events or circumstances, except as required by applicable securities laws.
Contact for investors
Jonathan Hackshaw
Senior Director, Investor Relations & Capital Markets
Toll Free: 1-855-341-8363 in North America or 1-306-798-1137
[email protected]
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