Stock Name: TMA
Amount: CAD 0.07
Announcement Date: 31/07/2012
Record Date: 26/09/2012
Dividend Detail:
CALGARY, July 31, 2012 /CNW/ - Trimac Transportation Ltd. ("Trimac") (TSX: TMA) announced today that its Board of Directors has approved a
12% increase to its quarterly cash dividend, increasing the dividend to
$0.07 per Class A Share up from $0.0625.�� The increased cash dividend
will be payable on October 15, 2012, to shareholders of record as at
the close of business on September 28, 2012.
In commenting on the increase to the dividend, Jeffrey J. McCaig,
Chairman and Chief Executive Officer of Trimac stated, "The increase in
the dividend supports Trimac's objective of increasing shareholder
value by offering an attractive dividend yield while maintaining a
healthy balance sheet that continues to improve as the Company
increases investment in accretive growth opportunities."
About Trimac: Trimac is Canada's largest provider of bulk trucking
services with operations from coast to coast.�� In addition, through its
National Tank Services division, Trimac performs repairs, maintenance
and tank-trailer cleaning services for both the Trimac fleet and for
third party commercial customers. Trimac also provides third party
transportation logistics services in Canada and the United States
through its wholly owned subsidiary Bulk Plus Logistics.
SOURCE: Trimac Transportation Ltd.
For further information:
Jeffrey J. McCaig
Chairman and Chief Executive Officer
Trimac Transportation Ltd.
or-
Scott D. Calver
Vice President and Chief Financial Officer
Trimac Transportation Ltd.
Telephone:�� 403-298-5100
No comments:
Post a Comment