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Callinan Announces Quarterly Dividend Payment Date


  2012 MAR 23 - (VerticalNews.com) -- The board of directors of Callinan Royalties Corporation, in accordance with its regular dividend policy, has declared a quarterly cash dividend for the second fiscal quarter on its common shares of two cents per common share to all shareholders of record at the close of business on March 31, 2012, with the ex-dividend date being March 28, 2011. It is expected that the dividend will be paid on or about April 15, 2012.

  It is anticipated that future quarterly dividends will be payable approximately 15 days following each fiscal quarter. The declaration, timing, and payment of future dividends will largely depend on the Company's financial results as well as other factors. Dividends paid by Callinan Royalties Corporation are eligible dividends for Canadian income tax purposes unless otherwise stated.

  On Behalf of the Board of Directors,

  Keywords: Investing and Investments.

  This article was prepared by VerticalNews Economics editors from staff and other reports. Copyright 2012, VerticalNews Economics via VerticalNews.com.

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