Special YearEnd Capital Gains Dividend Declaration

RNS Number : 5585T

Canadian General Investments Ld

07 December 2011

 



NEWS RELEASE TRANSMITTED BY MARKETWIRE                                                                                                             

FOR:   CANADIAN GENERAL INVESTMENTS, LIMITED

TSX SYMBOLS: CGI, CGI.PR.B, CGI.PR.C

LONDON STOCK EXCHANGE: CGI

DECEMBER 7, 2011

Canadian General Investments, Limited

Declares a Special Year-End Capital Gains Dividend

TORONTO, CANADA -- Canadian General Investments, Limited today declared a special cash capital gains dividend of $0.56 per common share.  This dividend is payable on December 28, 2011 to shareholders of record on December 22, 2011.

Including the quarterly income dividends of $0.06 per common share, total cash dividend payments of $0.80 per common share in 2011 represent a yield to investors of 5.0% based on the December 6, 2011 closing market price of $15.87.

Canadian General Investments, Limited, established in 1930, is one of Canada's largest closed-end investment companies with total portfolio assets in excess of $590 million as at December 6, 2011.

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FOR FURTHER INFORMATION PLEASE CONTACT:

Jonathan A. Morgan

President & CEO

Phone: [phone]

Fax: [phone]

e-mail: [e-mail]

website: www.mmainvestments.com

 

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