VANCOUVER, Sept. 17, 2019 /CNW/ - Westshore Terminals
Investment Corporation (TSX: WTE) ("Westshore" or the
"Corporation") announced today that a dividend of $0.16 per share will be paid on or before
October 15, 2019 to shareholders of
record on September 30, 2019, which
is the same per share amount that was paid in Q1 and Q2 of
2019. The Q3 2019 dividend will be designated an "eligible
dividend" for Canadian tax purposes.
For the eight months ended August 31,
2019, Westshore loaded 20.0 million tonnes, the same
volume shipped for the same period in 2018 but at higher rates than
2018. Throughput volumes for 2019 are anticipated to be
approximately 30.5 million tonnes, at handling rates higher than
2018.
The foregoing statements concerning anticipated throughput
volumes and loading rates, and the levels of dividends are
forward-looking statements that reflect the current expectations of
the Corporation with respect to future events and performance.
Forward-looking statements should not be read as guarantees of
future performance or results, and will not necessarily be accurate
indications of whether such performance or results will be
achieved.
Forward-looking statements are based on information available at
the time they are made, assumptions made by management, and
management's good faith belief with respect to future events, and
will be impacted by and are subject to the risks and uncertainties
outlined in the Corporation's Annual Information Form that could
cause actual performance or results to differ materially from those
reflected in the forward-looking statements, historical results or
current expectations.
SOURCE Westshore Terminals Investment Corporation