TORONTO, ONTARIO--(Marketwire -06/06/12)- EFT Canada Inc. (EFT.V), a leader in electronic transaction processing, today announced that its Board of Directors has declared a cash dividend to its shareholders in the amount of $0.0025 per common share. This dividend will be paid on June 29, 2012 to shareholders of record on the close of business on June 15, 2012.
Future dividends will be subject to Board approval.
"I am pleased to announce the continuation of a dividend payment to our shareholders," commented Jonathan Pasternak, President. "The dividend is part of our continued commitment to return value to our shareholders."
EFT Canada, founded in 2003, is a financial processing company that offers a complete solution to the collection and payment processing needs of small and medium sized business merchants, banks, credit unions, and other financial firms in Canada and the United States. The Company develops, maintains and delivers innovative electronic transaction processing technologies, such as customized electronic payment and collection processing solutions and gift and loyalty card services, by drawing on its operational and applications expertise. For more information, please call 416-781-0666 or visit www.eftcanada.com.
This press release contains forward-looking statements which reflect the Company's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ significantly from those projected herein. The Toronto Stock Exchange nor the TSX Venture Exchange have reviewed and do not accept responsibility for adequacy or accuracy of the content of the information contained herein.