Publicly traded Canadian buyout firm Onex Corp. announced that the company’s board of directors approved a 36% increase in its quarterly dividend to $0.0375 per subordinate voting share. The increase reflected Onex’s “success and ongoing commitment to its shareholders”, according to the company.
Onex Increases Dividend by 36%
Toronto, May 9, 2013 – Onex Corporation (TSX: OCX) announced today that its Board of Directors has approved a 36% increase in the quarterly dividend to C$0.0375 per Subordinate Voting Share, reflecting the Company’s success and ongoing commitment to its shareholders. The increased dividend is payable on July 31, 2013 to shareholders of record on July 10, 2013.
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