TORONTO, Oct. 30, 2012 /CNW/ - The Board of Directors of Genworth MI
Canada Inc. (the "Company") (TSX: MIC) today announced that it has
authorized and declared a dividend of $0.32 per common share from the
prior quarter dividend of $0.29 per common share for the fourth quarter
of 2012. This dividend represents a $0.03 increase per common share
and will be paid on November 30, 2012, to shareholders of record at the
close of business on November 15, 2012.
Genworth MI Canada Inc. designates any and all dividends paid or deemed
for Canadian federal, provincial or territorial income tax purposes to
be paid as "eligible dividends", unless indicated otherwise in respect
of dividends paid subsequent to this notification, and hereby notifies
all recipients of such dividends of this designation.
About Genworth MI Canada Inc.
Genworth MI Canada Inc. (TSX: MIC), through its subsidiary, Genworth
Financial Mortgage Insurance Company Canada, has been the leading
Canadian private residential mortgage insurer since 1995. Known as
Genworth Canada, it provides default mortgage insurance to Canadian
residential mortgage lenders that enables low down payment borrowers to
own a home more affordably and stay in their homes during difficult
financial times. Genworth Canada combines technological and service
excellence with risk management expertise to deliver innovation to the
mortgage marketplace. As of September 30, 2012, Genworth Canada had
$5.6 billion total assets and $2.9 billion shareholders' equity. Based
in Oakville, Ontario, Genworth Canada employs approximately 260 people
across Canada. Find out more at www.genworth.ca.