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Imperial Equities Hikes Its Dividend By 50%

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Imperial Equities (IEI.V) on Wednesday said it is raising its annual dividend by 50% to C$0.12 per share, from C$0.08 per share.

The higher dividend will be in effect for the company's first-quarter 2027 paid in February.

The fourth-quarter quarter dividend, expected to be paid in November, will remain at C$0.02 per share.

"Increasing the dividend reflects our Board's confidence in the fundamentals of our Company, reflecting that growth and profitability are positive, and expresses our gratitude to our shareholders for their continued support," said Chief Executive Sine Chadi.

Imperial Equities shares last traded on Aug. 18, closing at C$4.75 per share on the TSX Venture Exchange.

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