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Carfinco Declares Cash Dividend for November 2012

Thursday, November 8, 2012 9:07 PM


TSX: CFN

EDMONTON, Nov. 8, 2012 /CNW/ - Carfinco Financial Group Inc. ("Carfinco" or the "Company") announces that a cash dividend of 4.0 cents per share has been declared for November 2012. The payable date is November 30, 2012, the record date is November 20, 2012 and the ex-distribution date is November 16, 2012.

About Carfinco Financial Group Inc.

Carfinco focuses on providing consumer vehicle loans to borrowers unable to obtain financing through traditional lending sources. A network of select independent and franchise dealerships offer Carfinco's payment plan to their customers who must, along with the vehicle, meet Carfinco's underwriting guidelines. The shares of the Company trade on The Toronto Stock Exchange under the symbol "CFN".

Caution Regarding Forward-Looking Statements - This news release contains certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements.

SOURCE: Carfinco Financial Group Inc.

Mr. Tracy A. Graf
CEO & Director of Carfinco Financial Group Inc.
Telephone:        1-888-486-4356
Facsimile: 1-888-486-7456
E-mail: tracy.graf@carfinco.com
Web site: www.carfinco.com 

The Howard Group Inc.
Jeff Walker / Dave Burwell
Investor Relations
Telephone: 1-888-221-0915
E-mail: Info@howardgroupinc.com
Web site: www.howardgroupinc.com

(Source: CNW )
(Source: Quotemedia)

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