Skip to main content

WESTERN PACIFIC TRUST COMPANY (TSXV: WP) Announces Declaration of First Dividend on Common Shares

Written by Customer Service on . Posted in Dividend Reports And Estimates.

VANCOUVER, British Columbia, Sept. 11, 2023 (GLOBE NEWSWIRE) — Western Pacific Trust Company (“WPTC”) is pleased to announce that its board of directors has declared its first annual dividend on common shares. This milestone marks a significant moment in WPTC’s journey and reflects the company’s commitment to delivering value to its shareholders.

The decision to declare a dividend on common shares comes as a result of WPTC’s strong financial performance and the Company’s confidence in its future prospects. WPTC has experienced steady growth over the past years, driven by its dedication to competitive, responsive and knowledgeable service in an underserved market.

“We are delighted to declare our first dividend on common shares, which is a testament to Western Pacific Trust Company’s progress and success,” said Alison Alfer, President & CEO. “This milestone reflects our commitment to creating long-term value for our shareholders and our confidence in WPTC’s ability to continue its growth trajectory.”

This annual dividend of $0.005 per common share is payable on October 13, 2023 to shareholders of record as of the close of business on September 27, 2023.

Western Pacific Trust Company designates the entire amount of this taxable dividend to be an “eligible dividend” for purposes of the Income Tax Act (Canada), as amended from time to time. Please contact your tax advisor if you have any questions with regards to the designation of the eligible dividend.

For additional information about Western Pacific Trust Company and its activities, please visit the company’s official website at www.westernpacifictrust.com.

About Western Pacific Trust Company: WPTC is a non-deposit taking trust company, licensed to conduct trust business in British Columbia and Alberta. WPTC is also extra-provincially registered in Saskatchewan.

Media Contact: Alison Alfer, President & CEO Phone: (604 683-0455)
Email: aalfer@westernpacifictrust.com

 

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.