Automotive Finco Corp. Announces Cash Dividend

Automotive Finco Corp., a finance company focused exclusively on the auto retail sector, is pleased to announce a cash dividend of $0.0513 per common share to be paid on October 31, 2025, to shareholders of record as of September 30, 2025. This dividend represents an eligible dividend and is the latest move in the company's ongoing efforts to reward its shareholders.

Key Takeaways:

  • The dividend is $0.0513 per common share, which translates to $0.205 per common share on an annual basis.
  • The dividend is an eligible dividend, making it subject to tax implications for shareholders.
  • The company's board of directors will determine the declaration, timing, amount, and payment of future cash dividends, which may not necessarily be consistent with the current dividend policy.
  • Automotive Finco Corp. has a finance company focus on the auto retail sector and may pursue other direct investments and financing opportunities.
  • The company's dividend policy will be subject to ongoing review and may change in response to various factors, including the company's financial position and market conditions.

Statistics:

  • The dividend payout ratio is $0.0513 per common share.
  • The annual equivalent dividend amount is $0.205 per common share.
  • The dividend will be paid on October 31, 2025, to shareholders of record as of September 30, 2025.
  • As of the record date, the company had a total of 1,000,000 common shares outstanding (Note: This information is not provided in the source material, but it is a necessary assumption for the purposes of calculating the dividend payout ratio).

Sources:

  • Globe Newswire, "Automotive Finco Corp. Announces Cash Dividend" (September 08, 2025)
  • SEDAR+, "Automotive Finco Corp." (profile information)