The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from Marketwire

Newalta Announces Quarterly Dividend

Monday, December 16, 2013

Newalta Announces Quarterly Dividend

17:30 EST Monday, December 16, 2013

CALGARY, ALBERTA--(Marketwired - Dec. 16, 2013) - Newalta Corporation (TSX:NAL) announced that it has declared a quarterly cash dividend of $0.11 per common share for the fourth quarter of 2013, payable on January 15, 2014 to all shareholders of record on December 31, 2013. The ex-dividend date is December 30, 2013.

Newalta's dividend reinvestment plan (the "DRIP") provides eligible shareholders with the opportunity to reinvest their quarterly dividends to acquire additional Newalta shares at a purchase price equal to 95% of the Average Market Price (as defined in the DRIP). The deadline for registered shareholders to complete and deliver enrollment forms to Valiant Trust Company is 3:00 pm (MST) on the business day immediately preceding the record date. Beneficial shareholders should contact their broker, investment dealer, financial institution or other nominee through which their Newalta shares are held for enrolment instructions and deadlines.

Newalta expects that the dividends will be "eligible dividends" for income tax purposes and thus qualify for the enhanced gross-up and tax credit regime for certain shareholders.

Newalta is North America's leading provider of innovative, engineered environmental solutions that enable customers to reduce disposal, enhance recycling and recover valuable resources from industrial residues. We serve customers onsite directly at their operations and through a network of 85 locations in Canada and the U.S. Our proven processes, portfolio of more than 250 operating permits and excellent record of safety make us the first choice provider of sustainability enhancing services to oil, natural gas, petrochemical, refining, lead, manufacturing and mining markets. With a skilled team of more than 2,000 people, two decade track record of profitable expansion and commitment to commercializing new solutions, Newalta is positioned for sustained future growth and improvement. Newalta trades on the TSX as NAL. For more information, visit www.newalta.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information:
Newalta Corporation
Anne M. Plasterer
Executive Director, Investor Relations
(403) 806-7019


Newalta Corporation
Stephanie MacVicar
Director, Investor Relations
(403) 806-7391

Products
  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

GlobeLink.ca

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Customer Service
Globe Recognition
Mobile Apps
NEWS APP
INVESTING APP
Other Sections