Stella-Jones Inc. Modifies Its Dividend Policy and Declares a Quarterly Dividend
March 16 2012 - 7:01AM
Marketwired
The Board of Directors of Stella-Jones Inc. (TSX:SJ) is pleased to
announce that it has modified its dividend policy whereby
henceforth, the declaration of dividends will be considered on a
quarterly rather than a semi-annual basis. The declaration of
quarterly dividends will continue to be subject to the Company's
financial covenants and conditional upon the Corporation's
financial performance and cash requirements.
In light of the Corporation's results, the Board of Directors of
Stella-Jones announces that a quarterly dividend of $0.15 per share
has been declared on the outstanding common shares of the
Corporation, payable on April 30, 2012 to shareholders of record at
the close of business on April 2, 2012. This dividend is designated
to be an eligible dividend.
Contacts: STELLA-JONES INC. Mr. George Labelle Senior
Vice-President and Chief Financial Officer (514) 934-8665
www.stella-jones.com
Stella Jones (TSX:SJ)
Historical Stock Chart
From Jun 2024 to Jul 2024
Stella Jones (TSX:SJ)
Historical Stock Chart
From Jul 2023 to Jul 2024
