REGINA, Nov. 12, 2014 /CNW/
- The Board of Directors of Information Services Corporation
(TSX:ISV) ("ISC" or "the Company") today declared a quarterly cash
dividend of $0.20 per Class A Limited
Voting Share ("Class A Share"). The dividend will be paid on or
before January 15, 2015 to
shareholders of record as of December 31,
2014.
The dividend has been designated as an eligible dividend
pursuant to the Income Tax Act. An eligible dividend paid to a
Canadian resident is entitled to the enhanced dividend tax
credit. For further information on tax implications, please
consult a tax advisor.
About ISC
ISC is a provider of registry and information services to the
Province of Saskatchewan. The
Company is the exclusive provider of the Land Titles Registry, Land
Surveys Directory, Personal Property Registry and Corporate
Registry in Saskatchewan, which
are key supporters of economic activity in the province.
Cautionary Note Regarding Forward-Looking Information
This news release contains forward-looking information within
the meaning of applicable Canadian securities legislation,
including certain assumptions with respect to the Saskatchewan economy, consumer confidence,
interest rates, level of unemployment, inflation, real estate
market in Saskatchewan, claim
liabilities, income taxes, our ability to attract and retain
skilled staff, employee future benefits, goodwill and intangibles
are material factors in preparing forward-looking statements and
management's expectations. 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. Although
ISC believes the forward-looking information contained in this
release is based upon reasonable assumptions, readers are cautioned
not to place undue reliance on forward-looking information as it is
inherently uncertain and no assurance can be given that the
expectations reflected in such information will prove to be
correct. Many factors and risks could cause our actual results to
differ materially from those expressed or implied by
forward-looking information including those detailed in ISC's
Annual Information Form, dated March 19,
2014, ISC's unaudited condensed Consolidated Financial
Statements and Notes and Management's Discussion and Analysis for
the quarter ended September 30, 2014
as well as other documents filed by ISC with Canadian securities
regulators through SEDAR (www.sedar.com) from time to time.
Investors and others should carefully consider the above-noted
factors and risks and other uncertainties and potential events. The
forward-looking information in this release is made as of the date
hereof and, except as required under applicable securities
legislation, ISC assumes no obligation to update or revise such
information to reflect new events or circumstances.
SOURCE Information Services Corporation