Leisureworld Senior Care Corporation
TSX : LW

Leisureworld Senior Care Corporation

April 15, 2011 07:30 ET

Leisureworld Announces April Dividend

MARKHAM, ONTARIO--(Marketwire - April 15, 2011) - Leisureworld Senior Care Corporation (TSX:LW) today announced that the Company's dividend for April, 2011 will be $0.0708 per share, representing $0.85 per share on an annualized basis. Payment will be made on May 16, 2011 to shareholders of record April 29, 2011.

Leisureworld's dividends are designated as eligible dividends for Canadian tax purposes in accordance with subsection 89(14) of the Income Tax Act (Canada), and any applicable corresponding provincial and territorial provisions.

About Leisureworld

Leisureworld is the third largest licensed long-term care (LTC) provider in Ontario. The Company owns and operates 26 LTC homes, representing approximately 4,314 beds across Ontario, Canada. Leisureworld also owns and operates one retirement home with 29 beds and one independent living home with 53 apartments. Leisureworld subsidiaries include: Preferred Health Care Services, an accredited provider of professional nursing and personal support services, Ontario Long Term Care, a provider of purchasing services, dietary, social work, and other regulated health professional services, and Tealwood Developments, a provider of laundry services to the Leisureworld Homes.

Contact Information

  • Leisureworld Senior Care Corporation
    Philip Koven
    Investor Relations
    (416) 447-4740 ext 235