N🟁N

Exchange Income Corporation Announces November 2009 Dividend

  //business-finance.news-articles.net/content/200 .. orporation-announces-november-2009-dividend.html
  Published in Business and Finance on Tuesday, November 17th 2009 at 10:48 GMT by Market Wire
          ^{🞛 This publication is a summary or evaluation of another publication}

WINNIPEG, Nov. 17 /CNW/ - Exchange Income Corporation (TSX: EIF) (the "Corporation"), announced today that the Directors of the Corporation have declared a dividend of $0.13 per share for the month ended November 30, 2009, payable December 15, 2009 to shareholders of record at the close of business on November 30, 2009.

The dividend is designated as an "eligible" dividend under the Income Tax Act (Canada) and any corresponding provincial legislation. Under this legislation, individuals resident in Canada may be entitled to enhanced dividend tax credits which reduce income tax otherwise payable.

About Exchange Income Corporation

Exchange Income Corporation is a diversified acquisition-oriented company, focused on opportunities in the industrial products and transportation sectors which are ideally suited for public markets except for their size. The strategy of the Corporation is to invest in profitable, well-established companies with strong cash flows operating in niche markets in Canada and/or the United States.

The Corporation is currently operating in two niche business segments: aviation and specialty manufacturing. The aviation segment consists of Perimeter Aviation LP, Keewatin Air LP and Calm Air International LP, and the specialty manufacturing segment consists of Jasper Tank Ltd., Overlanders Manufacturing LP, Water Blast Manufacturing LP, and Stainless Fabrication, Inc. For more information on Exchange Income Corporation, please visit [ www.exchangeincomecorp.ca ].

Additional information relating to the Corporation, including all public filings, is available on SEDAR ([ www.sedar.com ]).