TORONTO, Nov. 19, 2012 /CNW/ - IBI Group Inc. (the "Company") (TSX: IBG)
today declared a cash dividend of $0.092 per Share for the month of
November 2012, payable December 24, 2012 to shareholders of record on
November 30, 2012.
The Company has moved forward the payment date of its monthly dividend
to be 3 business days before the end of each month, to accommodate
shareholders wishing to elect to participate in the Company's Dividend
Reinvestment Plan, by providing additional time between dividend
payment dates and the dividend record date and deadline for election to
participate at the end of each month.
The details of the Company's Dividend Reinvestment Plan are available on
the Company's website (www.ibigroup.com).
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.