Topicus.com Inc. (TSXV:TOI) has reported the declaration by its subsidiary Topicus.com Cooperatief U.A. (the Coop, and together with the Company Topicus) of a special dividend in the amount of 1.54 per ordinary unit (the Coop Dividend). According to a release, as a result of its ownership in the Coop, the Company will receive approximately 127.6 million of the aggregate amount of the Coop Dividend. As such, the Company has declared a 1.54 per share special dividend payable on March 28, to all holders of its subordinate voting shares and super voting share of record as of the close of business on March 15, (the Topicus Dividend).

The Topicus Dividend has been designated as an eligible dividend for the purposes of the Income Tax Act (Canada). Robin van Poelje, the Chief Executive Officer of the Company, commented, "Topicus is pleased to distribute a one-time special dividend in the total amount of 200 million to our shareholders. The board of Topicus has ensured sufficient liquidity to pursue our ongoing strategy of organic growth combined with strategic acquisitions.