Lorne Park Capital Partners Inc. announced that its Board of Directors has approved the declaration of a cash dividend of $0.008 per common share, payable on July 31, 2024, to the shareholders of record as of July 17, 2024. This represents a 14% increase over the previous quarterly dividend. The dividend payments qualify as eligible dividends for Canadian income tax purposes.

The declaration, amount and payment of future cash dividends are subject to the Board of Directors' continuing determination that the payment of dividends is in the best interests of the Company, its shareholders and is in compliance with all laws and agreements of the Company applicable to the declaration and payment of cash dividends. The ability of the Company to pay future dividends will be reviewed on a quarterly basis taking into consideration actual and forecasted cash flows and the macroeconomic outlook at that point in time.