Decisive Dividend Corporation Ranked #1 Diversified Industries Company on 2024 TSX Venture Top 50 List
KELOWNA, BC, Feb. 21, 2024 /CNW/ - Decisive Dividend Corporation (TSXV: DE) (the "Corporation" or "Decisive") is pleased to announce that it has been named as one of the top performers on the TSX Venture Exchange (the "TSXV") for the second straight year. Decisive placed first in the diversified industries category in 2024 after placing fourth in 2023.
The TSX Venture 50 is an annual ranking of the top performing companies from the past year on the TSXV, recognizing the top 10 companies from each of five sectors: energy, mining, clean technology and life sciences, diversified industries, and technology. The annual ranking is based on each firm's performance across three key indicators: market capitalization growth, share price appreciation, and trading volume.
More detailed results on the 2024 TSX Venture 50 and a video highlighting Decisive can be found at: www.tsx.com/Venture50.
Jeff Schellenberg, Chief Executive Officer of Decisive, noted:
"We are extremely proud to be recognized for the second straight year in the TSX Venture 50 ranking, out of 1,665 issuers listed on the TSXV, and even more proud to have finished first in the diversified industries category in 2024. This ranking culminates a very successful year at Decisive, during which we acquired four new portfolio businesses, achieved record operating results, strengthened our balance sheet, and delivered two increases in our monthly dividend. With our active and growing pipeline of attractive acquisition opportunities driven by the aging demographic megatrend, strong balance sheet, growth-minded business leaders throughout our organization focused on pursuing organic growth and our approach to pursuing sustainable dividend growth, Decisive is well positioned to continue to execute on its growth and yield strategy through 2024 and beyond."
Decisive Dividend Corporation is an acquisition-oriented company, focused on opportunities in manufacturing. The Corporation's purpose is to be the sought-out choice for exiting legacy-minded business owners, while supporting the long-term success of the businesses acquired, and through that, creating sustainable and growing shareholder returns. The Corporation uses a disciplined acquisition strategy to identify already profitable, well-established, high quality manufacturing companies that have a sustainable competitive advantage, a focus on non-discretionary products, steady cash flows, growth potential and established, strong leadership.
For more information on Decisive, or to sign up for email notifications of Corporation press releases, please visit www.decisivedividend.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the contents of this News Release.
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" "look forward" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on management's current beliefs, assumptions and expectations as to the outcome and timing of such future events. Such statements are subject to a number of risks, including the risks factors disclosed in the Corporation's most recent annual information form and most recent annual management's discussion and analysis, both of which are available on the Company's profile at www.sedar.com. Actual future results may differ materially and as such, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
SOURCE Decisive Dividend Corporation
Jeff Schellenberg, Chief Executive Officer, #260 - 1855 Kirschner Road, Kelowna, BC V1Y 4N7, Telephone: (250) 870-9146
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