IBI Group Inc. declares its monthly dividend to shareholders
TORONTO, Aug. 17, 2012 /CNW/ - IBI Group Inc. (the "Company") (TSX: IBG) today declared a cash dividend of $0.092 per Share for the month of August 2012, payable September 28, 2012 to shareholders of record on August 31, 2012.
About IBI GROUP INC. AND IBI GROUP
IBI Group Inc. is a TSX listed company, which pays monthly dividends and trades under the symbol "IBG". IBI Group Inc. holds an indirect 77% interest in IBI Group, a partnership (of a subsidiary of IBI Group Inc. and IBI Group Management Partnership) which, directly and through its subsidiary entities, provides professional services, including planning, design, implementation, analysis of operations and other consulting services in relation to four main areas of development, being urban land, building facilities, transportation networks and systems technology. The remaining 23% of IBI Group is owned by IBI Group Management Partnership. On a partially diluted basis, assuming the exchange of its partnership units of IBI Group for common shares of IBI Group Inc., IBI Group Management Partnership together with affiliated entities holds a combined 42% interest in IBI Group Inc.
SOURCE IBI Group Inc.