Amisco Pays a Special Dividend of $2.45 per Share
Fabulous dividend for a very undervalued company.
L'ISLET, QC, April 8 /CNW Telbec/ - The Board of Directors of Amisco Industries Ltd. is pleased to announce the payment of a special dividend of $2.45 per common share. This dividend will be paid on June 1, 2004 to the Company's shareholders of record as of May 18, 2004, and will come from the Company's excess liquidities. Amisco Industries Ltd. is a North American leader in the design and manufacture of painted tubular and steel sheet residential furniture. Founded in 1954, the Company manufactures beds, tables, chairs and stools, which are sold through some 4,000 outlets in Canada and the United States. Thanks to its innovative product design, broad product selection, excellent price/quality value and top-notch service, Amisco achieves more than 70% of its sales in the United States.
For further information: Martin Poitras, Chairman of the Board; Réjean Poitras, President and Chief Executive Officer, (418) 247-5025; Source: AMISCO INDUSTRIES LTD. |