MD Financial Management Inc., the Manager of MD Growth Investments Limited (MDG), a mutual fund corporation and member of the MD family of mutual funds, announced today that MDG has approved a dividend payment to be made on December 19, 2016. The dividend payment will be made to shareholders of record as of December 16, 2016.
The dividend is estimated to be $0.04 per share. The actual dividend amount per share may vary as it will be determined based on the number of outstanding shares at the close of business on December 16, 2016. The actual dividend amount per share will be posted to the MD website on December 20, 2016.
The above-mentioned dividend is designated as an eligible dividend for the purposes of the Income Tax Act (Canada) and any similar applicable provincial legislation.
About MD Financial Management
MD Financial Management Inc. (MD), a wealth-management organization owned by the Canadian Medical Association (CMA), is the Investment Fund Manager for MD Growth Investments Limited (MDG) and is responsible for managing the overall business and operations of MDG.
MD has more than $44 billion in assets under administration and is dedicated to serving Canada’s physicians and their families. MD provides financial products and services, the MD Family of Funds and investment counselling services through the MD Group of Companies.
For more information about MD Financial Management Inc. and the MD Group of Companies, please visit md.cma.ca, talk to an MD Advisor or call the MD Trade Centre at 1 800 267-2332.
Lead, External Communications
MD Financial Management