Olympia Financial Group Inc. increased its monthly cash dividend and dividend for May

Olympia Financial Group Inc.  increased its monthly cash dividend and dividend for May

In accordance with the foregoing, Olympia’s Board of Directors declared a monthly cash dividend of $0.27 per common share on the company’s common stock. This dividend will be paid to stockholders on record as of May 19, 2022 on May 31, 2022.

Olympia Financial Group Inc. (“Olympia”) (TSX: OLY) is delighted to announce that its Board of Directors has approved an increase of $0.04 in the monthly cash dividend paid on Olympia’s Common shares from $0.23 to $0.27 per Common share. With the May 2022 monthly cash dividend, Olympia will provide a new $0.27 per Common share monthly cash dividend. For Canadian tax reasons, Olympia’s cash dividend payments to holders of Olympia Common shares are classified as “eligible dividends.”

Olympia designates the entire amount of this taxable cash dividend to be an “eligible dividend” for purposes of the Income Tax Act (Canada), as amended from time to time. Please contact your tax advisor if you have any questions with regards to the designation of the eligible dividend.

About Olympia Financial Group Inc.

Olympia Financial Group Inc. conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick, and Nova Scotia. Olympia Trust Company administers self-directed registered plan accounts, provides currency exchange and payment services, corporate trust, and transfer agency services. Olympia also offers private health services plans and information technology services to exempt market dealers, registrants and issuers through its subsidiary Olympia Benefits Inc.

Olympia’s common shares are listed on the Toronto Stock Exchange under the symbol “OLY”.

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