Integrated Asset Management Corp. will reinstate its annual dividend at four cents per share, the Toronto-based company said Tuesday.

The dividend on IAM’s (TSX:IAM) outstanding common shares will be payable on October 22, to shareholders of record on October 8.

In May 2009, the company suspended the payment of a dividend which would otherwise have been paid in June 2009. At that time, IAM considered that the company’s earnings outlook was constrained given the decline in assets under management in retail alternative investments and the major upheaval in all markets in late 2008 resulting from the collapse of many major banks and insurers. In addition, IAM also considered that the economic uncertainties at that time might have presented attractive acquisition and merger opportunities that might require cash investment by the company. Today IAM says it has cash readily available for acquisitions and has no debt.

IAM is an alternative asset management company with approximately $2.2 billion in assets and capital under management in private corporate debt, real estate, private equity, managed futures, global bonds and retail alternative investments.

IE