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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks
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To: Scott Mc who wrote (2781)3/7/2002 7:53:30 PM
From: kingfisher  Read Replies (1) of 11633
 
United Corporations declares dividends
United Corporations Ltd UNC
Shares issued 11,447,327 Mar 7 2002 close $45.550
Thursday Mar 7 2002 News Release
Mr. Mark Taylor reports
UNITED CORPORATIONS LIMITED-DIVIDEND DECLARATION
At a board of directors meeting of United Corporations held today, the following dividends on the common and preferred shares were declared:

FISCAL 2002

Record Payable Amount
date date
Extra
common
dividend
-- cash March 18/02 March 28/02 $0.20

Capital
gains
dividend
on common
shares March 18/02 March 28/02 $6.00


The capital gains dividend is payable $1.80 in cash and $4.20 in stock (one new share for every 15.3238 shares held based on a value of $64.36). Fractional shares, resulting from the payment of the stock dividend, will be paid in cash based on a value of $64.36 per common share.
Each of the above dividends will be paid based on the 11,447,327 number of common shares currently outstanding.

FISCAL 2003

Record Payable Amount
date date
First
preferred
shares May 1/02 May 15/02 $0.37

Second
preferred
shares May 1/02 May 15/02 $0.37

Common
dividend
-- cash May 1/02 May 15/02 $0.20


The above common dividend will be paid on the common shares outstanding at May 1, 2002.

(c) Copyright 2002 Canjex Publishing Ltd. canada-stockwatch.com
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