TSX SYMBOL: TPK
BURNABY, BC, Sept. 14, 2011 /CNW/ - Ten Peaks Coffee Company Inc. (TSX
symbol: TPK) today declared a cash dividend of $0.0625 per share for
the quarter ended September 30, 2011. The dividend will be an
'eligible dividend' for Canadian income tax purposes, and will be paid
on October 14, 2011 to shareholders of record at the close of business
on September 30, 2011.
Ten Peaks (formally Swiss Water Decaffeinated Coffee Income Fund) is a
publicly traded company that owns all of the interests of the Swiss
Water Decaffeinated Coffee Company Inc. (SWDCC), a premium green coffee
decaffeinator located in Burnaby, BC. Currently, Ten Peaks' business
and financial results are wholly based on the business and financial
results of SWDCC. Established in 2000, SWDCC is one of the few chemical
free coffee decaffeinators in the world. It employs the SWISS WATER®
Process, a proprietary, chemical free decaffeination method.
Accordingly, SWISS WATER® Process decaffeinated green coffees are
distinct from the majority of the world's decaffeinated coffees, which
are exposed to chemical solvents such as methylene chloride and ethyl
acetate during decaffeination. Certified organic by the Organic Crop
Improvement Association, the SWISS WATER® Process is the world's only
branded decaffeination method. SWISS WATER® Process decaffeinated green
coffees are sold to many of North America's leading specialty roaster
retailers, specialty coffee importers and commercial coffee roasters.
SWDCC also sells coffees internationally through regional distributors.
SOURCE Ten Peaks Coffee Company Inc.
For further information:
Sherry Tryssenaar, Chief Financial Officer
Ten Peaks Coffee Company Inc.
Phone: 604.444.8780 Fax: 604.420.8711