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Home Capital Declares Common Share Dividend

TORONTO--(BUSINESS WIRE)--Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX: HCG) today announced that its Board of Directors declared a common share dividend of $0.15 per share for the third quarter 2023. The dividend is payable on September 15, 2023, to shareholders of record on August 31, 2023. The dividend is designated as an “eligible” dividend for the purposes of the Income Tax Act (Canada) and any similar provincial legislation. If the previously announced acquisition of Home Capital by a wholly owned subsidiary of Smith Financial Corporation is completed on or prior to August 31, 2023 record date, shareholders will not be paid the dividend.

About Home Capital

Home Capital Group Inc. is a public company, traded on the Toronto Stock Exchange (HCG), operating through its principal subsidiary, Home Trust Company. Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust and its wholly owned subsidiary, Home Bank, offer deposits via brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Licensed to conduct business across Canada, we have offices in Ontario, Alberta, British Columbia, Nova Scotia, and Quebec.

Contacts

Longview Communications & Public Affairs
Jill MacRae
Partner
437-922-9215
jmacrae@longviewcomms.ca

Industry:

Home Capital Group Inc.

TSX:HCG
Release Versions
English

Contacts

Longview Communications & Public Affairs
Jill MacRae
Partner
437-922-9215
jmacrae@longviewcomms.ca

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TORONTO--(BUSINESS WIRE)--Home Capital Group Inc. (“Home Capital”) (TSX: HCG) is pleased to announce that the required regulatory approvals under the Bank Act (Canada) and Trust and Loan Companies Act (Canada) have been granted by the Federal Minister of Finance in respect of the previously announced acquisition of Home Capital by a wholly owned subsidiary of Smith Financial Corporation (“SFC”) (such acquisition, the “Arrangement”) and that the Arrangement is expected to be completed on August...

Home Capital Reports Second Quarter 2023 Results

TORONTO--(BUSINESS WIRE)--Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX: HCG) today reported financial results for the three and six months ended June 30, 2023. This press release should be read in conjunction with the Company’s 2023 Second Quarter Report including Financial Statements and Management’s Discussion and Analysis which are available on Home Capital’s website at www.homecapital.com and on SEDAR at www.sedarplus.ca. “This quarter’s results showcased the growth in our...
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