Cash Store boosts dividend

EDMONTON — The Cash Store Financial Services Inc. (TSX:CSF) is increasing its quarterly dividend by 54 per cent to 10 cents a share, the broker of short-term loans announced.

DMONTON — The Cash Store Financial Services Inc. (TSX:CSF) is increasing its quarterly dividend by 54 per cent to 10 cents a share, the broker of short-term loans announced Monday.

Cash Store said the dividend will be payable Nov. 26 to shareholders of record on Nov. 11, 2009.

For the year ended June 30, 2009, the company made dividend payments totalling $5.3 million compared with $3.6 million in the prior year, a 47 per cent increase.

The Edmonton-headquartered firm has more than 450 branches across Canada under the banners The Cash Store and Instaloans.

They act as brokers for short-term advances and other financial services to income-earning consumers who may not be able to obtain them from traditional banks.

Cash Store Financial shares were down seven cents at $10.07 in trading Wednesday.

Just Posted

Collision expert backs version of crash of driver accused of manslaughter

Daniel Newsham accused of manslaughter in fatal 2016 collision

Murder charges laid against woman from the Sunchild First Nation

The 25-year-old female victim was found dead on Dec. 12

Canada caught between 2 powers, feeling alone in the world

TORONTO — First U.S. President Donald Trump attacked Canada on trade. Then… Continue reading

WATCH: CP Holiday Train rolls into Lacombe

Kelly Prescott performed for hundreds of Central Albertans

Fashion Fridays: How to change your beauty routine

Kim XO, lets you in on her style secrets each Fashion Friday on the Black Press Media Network

WHL’s Thunderbirds, Silvertips open to NHL joining Seattle hockey market

TORONTO — The Seattle area’s major junior hockey teams aren’t worried about… Continue reading

Canadian freestyle skier Karker excited for Dew Tour’s modified superpipe

Rachael Karker has a renewed sense of confidence heading into her second… Continue reading

CBS settled with Dushku over ‘Bull’ star’s sexual comments

LOS ANGELES — CBS reached a $9.5 million confidential settlement last year… Continue reading

Kanye reignites Drake feud on Twitter, alleges threats

LOS ANGELES — Kanye West is not sending Christmas cheer to Drake.… Continue reading

Councillors in Toronto, Ottawa vote to allow retail cannabis stores

TORONTO — Councillors in Toronto have voted to allow retail pot shops… Continue reading

Barry Cooper: Separation has become a real possibility, thanks to Ottawa’s abuses

In the past couple of weeks, a retired senior oil executive, Gwyn… Continue reading

Most Read