Third Canadian General Investment Declares Extra Dividend
Morgan Meighen & Associates
Toronto, December 01, 2005 -- Third Canadian General Investment Trust Limited (CA: THD) has declared an extra dividend of $0.45 per share payable on December 30, 2005 to shareholders of record at the close of business on December 20, 2005. The Board of Directors of Third Canadian has authorized this extra distribution in recognition of year-to-date results.
Third Canadian, established in 1928, is the second oldest North American listed closed-end fund. The Company's non-principal assets consist primarily of Canadian income trusts and Canadian equities, as well as foreign equities. Leverage is provided by the large holding in CGI and bank borrowings at favourable interest rates.
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