Press release from CNW Group
ShawCor Declares Quarterly Dividend
Thursday, February 27, 2014
ShawCor Declares Quarterly Dividend16:59 EST Thursday, February 27, 2014
TORONTO, Feb. 27, 2014 /CNW/ - The Board of Directors today declareda dividend of twelve and one half cents (12.5 cents) per share on the outstanding common shares of the Corporation payable on the 28th day of March 2014, to shareholders of record at the close of business on the 14th day of March 2014.
For Canadian resident shareholders, these dividends are designated as "eligible dividends" for purposes of the enhanced dividend tax credit rules contained in the Income Tax Act (Canada) and any corresponding provincial and territorial tax legislation.
Please visit our website at www.shawcor.com for further details.
SOURCE ShawCor Ltd.
For further information:
Gary S. Love
Vice President, Finance and CFO