Press release from Marketwire
Superior Plus Announces January 2012 Cash Dividend
Thursday, January 05, 2012
CALGARY, ALBERTA--(Marketwire - Jan. 5, 2012) - Superior Plus Corp. (TSX:SPB) ("Superior") today announced its cash dividend for the month of January 2012 of $0.05 per share payable on February 15, 2012. The record date is January 31, 2012 and the ex-dividend date will be January 27, 2012. Superior's annualized cash dividend rate is currently $0.60 per share. This dividend is an eligible dividend for Canadian income tax purposes.
A summary of Superior's dividends declared for the year 2011 is detailed below. These dividends are considered to be an eligible dividend for Canadian income tax purposes.
|Record Date||Payment Date||Dividend|
|Nov 30, 2011||Dec 15, 2011||0.05|
|Oct 31, 2011||Nov 15, 2011||0.10|
|Sep 30, 2011||Oct 14, 2011||0.10|
|Aug 31, 2011||Sep 15, 2011||0.10|
|Jul 31, 2011||Aug 15, 2011||0.10|
|Jun 30, 2011||Jul 15, 2011||0.10|
|May 31, 2011||Jun 15, 2011||0.10|
|Apr 30, 2011||May 13, 2011||0.10|
|Mar 31, 2011||Apr 15, 2011||0.10|
|Feb 28, 2011||Mar 15, 2011||0.135|
|Jan 31, 2011||Feb 15, 2011||0.135|
|Dec 31, 2010||Jan 14, 2011||0.135|
2011 Fourth Quarter and Year-End Results and Conference Call
Superior expects to release its 2011 fourth quarter and year-end results on Thursday, February 16, 2012. A conference call and webcast for investors, analysts, brokers and media representatives to discuss the 2011 Fourth Quarter and Year-End Results is scheduled for 8:30 a.m. MST on Friday, February 17, 2012. To participate in the call, dial: 1-866-226-1792. An archived recording of the call will be available for replay until midnight, Saturday, March 17, 2012. To access the recording, dial: 1-800-408-3053 and enter pass code 2588135. Internet users can listen to the call live, or as an archived call, on Superior's website at: www.superiorplus.com under the Events section.
About the Corporation
Superior consists of three primary operating businesses: Energy Services includes the distribution of propane and distillates, providing fixed-price energy services, and supply portfolio management; Specialty Chemicals includes the manufacture and sale of specialty chemicals; and Construction Products Distribution includes the distribution of specialty construction products.
Forward Looking Information
Certain information included in this Press Release is forward-looking, within the meaning of applicable Canadian securities laws. Much of this information can be identified by looking for words such as "believe", "expects", "expected", "will", "intends", "projects", "anticipates", "estimates", "continues" or similar words. Forward-looking information in this Press Release includes but is not limited to, assumptions concerning the future payment of dividends. Superior believes the expectations reflected in such forward-looking information are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon.
Forward-looking information is not a guarantee of future performance and involves a number of risks and uncertainties some of which are described herein. Such forward-looking information necessarily involves known and unknown risks and uncertainties, which may cause Superior's actual results to differ materially from any projections of future results expressed or implied by such forward-looking information. These risks and uncertainties include but are not limited to the inability of Superior to meet the liquidity tests set forth in the Canada Business Corporations Act with respect to the payment of dividends and future changes to applicable tax laws and the other risks identified in the Corporation's 2010 Annual Information Form under the heading "Risk Factors", which is available on the SEDAR website (www.sedar.com). Any forward-looking information is made as of the date hereof and, except as required by law, Superior does not undertake any obligation to publicly update or revise such information to reflect new information, subsequent or otherwise.
FOR FURTHER INFORMATION PLEASE CONTACT:
Wayne Bingham Superior Plus Corp. Executive Vice-President and Chief Financial Officer (403) 218-2951 or Toll Free: 1-866-490-PLUS (7587) (403) 218-2973 (FAX) email@example.com
Jay Bachman Superior Plus Corp. Vice-President, Investor Relations and Treasurer (403) 218-2957 or Toll Free: 1-866-490-PLUS (7587) (403) 218-2973 (FAX) firstname.lastname@example.org www.superiorplus.com