$DLCG.TO

Dominion Lending Centres Renews Its Normal-Course Issuer Bid

Dominion Lending Centres (DLCG.TO) on Tuesday said it received exchange approval to renew its normal-course issuer bid (NCIB) to buy back and cancel up to two-million shares over the next 12 months.The maximum number of shares the company may buy back for cancellation represents about 2.6% of its 77.7-million outstanding shares. The company's NCIB is intended to provide an additional capital allocation tool to supplement its dividend program as a means of returning capital to shareholders, it said.The new NCIB takes effect on June 5. Under its expiring program, which ends Thursday, the company bought back 278,300 shares out of a permitted 2.1-million shares.Shares of the company were last seen up $0.04 to $8.45 on the Toronto Stock Exchange.Price: $8.44, Change: $+0.04, Percent Change: +0.48%

Dominion Lending Centres Declares Quarterly Cash Dividend of $0.05

Dominion Lending Centres (DLCG.TO) declared a quarterly cash dividend of $0.05 per class "A" common share that will be payable on June 15, to shareholders of record as of June 1.In March, the company announced that its board of directors increased its quarterly dividend from $0.04 per common share to $0.05 per common share.Shares of the company were last seen up 1.3% at $8.56 on the Toronto Stock Exchange.Price: $8.56, Change: $+0.11, Percent Change: +1.30%

Earnings Flash (DLCG.TO) Dominion Lending Centres Posts Q1 Adjusted EPS $0.06 per Share; Revs Grew 7%