CST Brands, Inc. Declares Cash Dividend on Common Stock
June 08 2016 - 4:30PM
Business Wire
CST Brands, Inc. (NYSE: CST) announced today that its Board of
Directors has declared a quarterly cash dividend on the Company’s
common stock in the amount of $0.0625 per share. The dividend is
payable on July 15, 2016 to holders of record at the close of
business on June 30, 2016.
About CST Brands, Inc.
CST Brands, Inc. (NYSE: CST), a Fortune 500 Company, is one of
the largest independent retailers of motor fuels and convenience
merchandise in North America. Based in San Antonio, Texas, CST
employs over 14,000 Team Members at over 2,000 locations throughout
the Southwestern United States, New York, Georgia, Florida and
Eastern Canada offering a broad array of convenience merchandise,
beverages, snacks and fresh food. In the U.S., CST Corner Stores
proudly sell fuel and signature products such as Fresh Choices
baked and packaged goods, U Force energy and sport drinks, Cibolo
Mountain coffee, FC Soda and Flavors2Go fountain drinks. In Canada,
CST is the exclusive provider of Ultramar fuel and its Dépanneur du
Coin and Corner Stores sell signature Transit Café coffee and
pastries. CST also owns the general partner of CrossAmerica
Partners LP, a master limited partnership, and wholesale
distributor of fuels, based in Allentown, Pennsylvania. For more
information about CST, please visit www.cstbrands.com.
Safe Harbor Statement
Statements contained in this release that state the Company's or
management's expectations or predictions of the future are
forward-looking statements intended to be covered by the safe
harbor provisions of the Securities Act of 1933, as amended, and
the Securities Exchange Act of 1934, as amended. The words
“believe,” “expect,” “should,” “intends,” “estimates,” and other
similar expressions identify forward-looking statements. It is
important to note that actual results could differ materially from
those projected in such forward-looking statements. For more
information concerning factors that could cause actual results to
differ from those expressed or forecasted, see CST Brands’ most
recent Form 10-K as available on the CST Brands’ website at
www.cstbrands.com. The dividend policy and each dividend will be
subject to the Board’s continuing determination that they are in
the best interests of CST’s stockholders and are in compliance with
applicable law. The Company undertakes no obligation to publicly
update or revise any statements in this release, whether as a
result of new information, future events or otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20160608006443/en/
CST Brands, Inc.Investors:Randy Palmer, 210-692-2160Executive
Director - Investor RelationsorMedia:Lisa Koenig,
210-692-2659Director – CommunicationsorThe DeBerry GroupMelissa
Ludwig or Trish DeBerry, 210-223-2772
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