CERF Incorporated Announces Dividend of $0.06 per Share
2014年3月24日 - 7:00PM
Marketwired
CERF Incorporated Announces Dividend of $0.06 per Share
CALGARY, ALBERTA--(Marketwired - Mar 24, 2014) - The Board of
Directors (the "Board") of CERF Incorporated (TSX-VENTURE:CFL)
("CERF") are pleased to announce that they have declared a cash
dividend to the shareholders of $0.06 per share for the first
quarter of 2014. This quarterly dividend plus dividends of future
quarters, should they be declared in similar amount, will amount to
$0.24 per share on an annualized basis. Payment will be made on or
about April 15, 2014, to shareholders of record as of the close of
business on March 31, 2014.
Investors are cautioned that future dividends are always subject
to approval of the Board and may be increased, decreased or
suspended by the Board at any time.
All dividends paid by CERF to common shareholders will be
designated as eligible dividends as defined in section 89(1) of the
Income Tax Act (Canada) unless otherwise indicated.
CERF has implemented a dividend re-investment plan ("DRIP") for
Shareholders for periods subsequent to March 31, 2014, whereby
Shareholders may elect to reinvest cash dividends paid by CERF on
their common shares toward the purchase of new common shares at a
5% discount to the average market price as defined in the DRIP.
Details of the DRIP and enrollment forms will be mailed to
registered shareholders shortly. Shareholders who hold their shares
in a brokerage account and wish to participate should contact the
administrator of their account.
CERF is a Canadian public corporation engaged in the rental,
sale and service of industrial, construction and oilfield equipment
and waste management and environmental services. CERF trades on the
TSX Venture Exchange under the symbol "CFL" and currently has
16,134,441 common shares issued and outstanding.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Wayne WadleyPresident & CEO(403)
850-4095wwadley@cerfcorp.comKen StephensV.P. Finance & CFO(780)
410-2998 ext. 347(403) 238-2720kstephens@cerfcorp.com
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