EDMONTON, ALBERTA/CNW/ – Imperial Equities Inc. (TSX-V:IEI), through its Board of Directors, has declared a quarterly dividend of $0.02 per share effective Q2 2024, payable on May 6, 2024 to shareholders of record effective April 19, 2024.
“As we reflect on the results of our Q2, our Company’s performance remains strong, and we remain excited about what’s ahead” said Sine Chadi, President and CEO of Imperial Equities.
The first Quarter of our 2024 fiscal year has been busy for our Company and with major projects complete and signs that the interest rate environment is beginning to stabilize, the Company is beginning to look a little farther afield for new growth opportunities. I am pleased to report that there are several major projects that are currently under review in terms of acquisitions, dispositions and new builds. The industrial market in the Greater Edmonton Region remains strong, with only a 4.5% vacancy rate at the end of 2023, and there is significant and competitive new product coming available across the region.
