Leisureworld Senior Care Corporation (TSX: LW) today announced that the Company's dividend for July, 2010 will be $0.0708 per share, representing $0.85 per share on an annualized basis. Payment will be made on August 16, 2010 to shareholders of record July 30, 2010.
Leisureworld is the third largest licensed long-term care (LTC) provider in Ontario. The Company owns and operates 26 LTC homes, representing approximately 4,314 beds across Ontario, Canada. Leisureworld also owns and operates one retirement home with 29 beds and one independent living home with 53 apartments. Leisureworld subsidiaries include: Preferred Health Care Services, an accredited provider of professional nursing and personal support services, Ontario Long Term Care, a provider of purchasing services, dietary, social work, and other regulated health professional services, and Tealwood Developments, a provider of laundry services to the Leisureworld Homes.