REGINA, May 5, 2015 /CNW/ - The
Board of Directors of Information Services Corporation (TSX:ISV)
("ISC" or "the Company") today declared a quarterly cash dividend
of $0.20 per Class A Limited Voting
Share ("Class A Share"). The dividend will be paid on or before
July 15, 2015 to shareholders of
record as of June 30, 2015.
The dividend has been designated as an eligible dividend
pursuant to the Income Tax Act. An eligible dividend paid to a
Canadian resident is entitled to the enhanced dividend tax
credit. For further information on tax implications, please
consult a tax advisor.
About ISC
ISC is an experienced provider of registry and information
services for government, individuals and private sector
business. As the exclusive provider of the land titles,
surveys, personal property and corporate registries for
Saskatchewan, the Company
maintains and operates these registries, which are key supporters
of economic activity in the province.
Cautionary Note Regarding Forward-Looking Information
This news release contains forward-looking information within
the meaning of applicable Canadian securities legislation,
including management's expectations and certain assumptions with
respect to the registry services and products, its
competitive landscape, the Saskatchewan economy, consumer confidence,
interest rates, level of unemployment, inflation, real estate
market in Saskatchewan, impact of
prices for agricultural commodities, oil and potash, claim
liabilities, income taxes, our ability to attract and retain
skilled staff, the compensation and benefits that will be paid or
provided to employees and our level of customer service, as well as
goodwill and intangibles are material factors in preparing
forward-looking statements. In addition, the words ''may'',
''will'', ''would'', ''should'', ''could'', ''expect'', ''plan'',
''intend'', ''trend'', ''indicate'', ''anticipate'', ''believe'',
''estimate'', ''predict'', ''project'', ''targets'', ''strive'',
''strategy'', ''continue'', ''likely'' or ''potential'' or the
negative or other variations of these words or other comparable
words or phrases are intended to identify forward-looking
statements. Forward-looking information involves known and unknown
risks, uncertainties and other factors that may cause actual
results or events to differ materially from those expressed or
implied by such forward-looking information. Although ISC believes
the forward-looking information contained in this release is based
upon reasonable assumptions, readers are cautioned not to place
undue reliance on forward-looking information as it is inherently
uncertain and no assurance can be given that the expectations
reflected in such information will prove to be correct. Many
factors and risks could cause our actual results to differ
materially from those expressed or implied by forward-looking
information including those detailed in ISC's Annual Information
Form, dated March 17, 2015, ISC's
Consolidated Financial Statements and Notes and Management's
Discussion and Analysis for the year ended December 31, 2014 as well as other documents
filed by ISC with Canadian securities regulators through SEDAR at
www.sedar.com from time to time. Investors and others should
carefully consider the above-noted factors and risks and other
uncertainties and potential events. The forward-looking information
in this release is made as of the date hereof and, except as
required under applicable securities legislation, ISC assumes no
obligation to update or revise such information to reflect new
events or circumstances.
SOURCE Information Services Corporation