LONDON, ON, Dec. 6, 2012 /CNW/ - Pacific & Western Credit Corp. (TSX:PWC) will pay an annual dividend on its outstanding Class "A" Preferred Shares on December 31, 2012 at the rate of $0.21 per share, unchanged from last year. The Class "A" Preferred Share provisions provide that the dividends accrue from the date of issue and are payable on December 31st each year at the annual rate of 7% of the issue price. The dividend to which this notice relates is payable on December 31, 2012 to shareholders of record at the close of business on December 17, 2012. Pacific & Western Credit Corp.'s Class "A" Preferred Shares trade on the TSX under the symbol PWC.PR.A. On behalf of the Board of Directors: David R. Taylor, President & C.E.O. Investor Relations: Wade MacBain, Director (800) 244-1509, firstname.lastname@example.org; Public Relations & Media: Tel Matrundola, Vice-President, (866) 787-9936, email@example.com To receive company news releases, please contact: Wade MacBain at firstname.lastname@example.org, (800) 244-1509 SOURCE Pacific & Western Credit Corp.
In trading on Monday, shares of the PowerShares Dynamic Market Portfolio ETF crossed below their 200 day moving average of $71.87, changing hands as low as $71.86 per share. PowerShares Dynamic Market Portfolio shares are currently trading down about 1.3% on the day.