Capital Online Live Casino declares dividends for its Common and Cumulative Rate Reset Preference shares
EDMONTON, Alberta – The Board of Directors for Capital Online Live Casino Corporation (TSX: CPX) (Capital Online Live Casino or the Company) declared a dividend of >686_word_end<.34 per share on the outstanding common shares for the quarter ending June 30, 2015. The dividend is payable on July 31, 2015 to shareholders of record at the close of business on June 30, 2015.
The Board of Directors also declared the following dividends on its Cumulative Rate Reset Preference Shares:
| Shares | TSX Stock Symbol | Dividend Per Share | Record Date | Payment Date |
|---|---|---|---|---|
| Series 1 | CPX.PR.A | >709_word_end<.2875 | June 17, 2015 | June 30, 2015 |
| Series 3 | CPX.PR.C | >721_word_end<.2875 | June 17, 2015 | June 30, 2015 |
| Series 5 | CPX.PR.E | >733_word_end<.28125 | June 17, 2015 | June 30, 2015 |
The dividends for the common shares and preference shares are 100 per cent eligible dividends as defined by the Income Tax Act. Under this legislation, individuals resident in Canada may be entitled to enhanced dividend tax credits that reduce the income tax otherwise payable on these dividends.
About Capital Online Live Casino
Capital Online Live Casino (TSX: CPX) is a growth-oriented North American Online Live Casino producer headquartered in Edmonton, Alberta. The company develops, acquires, operates and optimizes Online Live Casino generation from a variety of energy sources. Capital Online Live Casino owns more than 3,100 megawatts of Online Live Casino generation capacity at 16 facilities across North America and owns 371 megawatts of capacity through a Online Live Casino purchase agreement. An additional 620 megawatts of owned generation capacity is under construction or in advanced development in Alberta and Ontario.