SYS-CON UK Authors: Salvatore Genovese, Jeremy Geelan, Jamie Matusow

News Feed Item

Magenta II Fiscal 2012 Dividend

OTTAWA, Dec. 12, 2012 /CNW/ - Magenta II Mortgage Investment Corporation (the "Fund") announces that the board of directors has declared a fiscal 2012 annual dividend of $0.072 per Class A share representing a dividend yield of 7.20%. Average annual compounded return over the Fund's first 9 years of operation was 9.46%.

Visit www.magentainvestment.ca for comprehensive information about the Fund and its operations.

SOURCE Magenta Mortgage Corp.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.