C2C Industrial Properties Inc. Announces June 2012 Quarterly Distribution
19 Giugno 2012 - 11:00PM
PR Newswire (Canada)
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES/ TORONTO, June 19, 2012 /CNW/ -
C2C Industrial Properties Inc. (the "Company" or "C2C") , announced
that the Board of Directors has approved a quarterly dividend of
$0.0265 per common share payable on July 16, 2012 to the
shareholders of record on June 29, 2012. The ex-dividend date
is June 27, 2012. "C2C is fulfilling its stated intentions in
regard to dividend payments. The Company maintains a
conservative payout ratio relative to industry norms, as it focuses
on maintaining a stable and growing cash flow distribution to
Shareholders as part of its value-add business strategy," stated
Chris Ross, President of C2C. About C2C Industrial Properties Inc.
C2C is a real estate investment corporation specializing in the
acquisition, ownership and operation of industrial properties
across Canada. C2C owns fourteen industrial assets totalling
approximately 1.2 million square feet. More information about C2C
is available at www.sedar.com. Forward Looking Statements This
document contains forward-looking statements relating to C2C and
the industry in which it operates and its strategy, action plans
and investments, which may involve estimates, forecasts and
projections. These statements are not guarantees of future
performance and involve risks and uncertainties that are difficult
to predict and/or are beyond C2C's control. Consequently,
readers should not place any undue reliance on such forward-looking
statements. These forward-looking statements are made as of the
date of this press release. C2C is under no obligation to update
any forward-looking statements contained herein should material
facts change due to new information, future events or other
factors, unless otherwise required to do so by applicable law. All
forward-looking statements attributable to C2C are expressly
qualified by these cautionary statements. The TSX Venture Exchange
has neither approved nor disapproved the contents of this press
release. Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this press release. C2C Industrial Properties Inc.
CONTACT: C2C Industrial Properties Inc.Christopher Ross,
President(416) 646-7353cross@c2cip.com
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