-- Exchange Income (EIF.TO), a diversified, acquisition-oriented company focused on opportunities in the Aerospace & Aviation and Manufacturing segments, on Friday said that its directors declared eligible dividends totaling $0.23 per share for the month ended April 30, 2026, unchanged from the prior month.
It is payable on May 15, 2026 to shareholders of record at the close of business on April 30, 2026.
Exchange Income also announced certain amendments to its dividend reinvestment and share purchase plan. "Under the Plan, participants may elect to have their dividends reinvested in additional common shares of the corporation at a price based on the volume weighted average closing trading price of the common shares on the Toronto Stock Exchange for the five trading days immediately preceding the dividend payment date, less a discount to such trading price," it said.
It added directors have amended the plan to cut the discount to the trading price from 3% to 1%.
The amendments will be effective for the April 2026 dividend, added the company.
Shares in EIF were down $2.97 or 2.8% at $102.72 yesterday.