COM DEV Announces Quarterly Dividend

CAMBRIDGE, ON, Sept. 11, 2015 /CNW/ - COM DEV International Ltd. (TSX:CDV), a leading manufacturer of space hardware subsystems, today announced a dividend of $0.03 per common share with respect to the third quarter of fiscal 2015, in accordance with its previously announced intentions. 



         Dividend Per Common Share:

C$0.03

         Ex-Dividend Date:

September 17, 2015

         Record Date:

September 21, 2015

         Payable Date:

October 5, 2015

 

About COM DEV

COM DEV International Ltd. (www.comdevinternational.com) is a leading global provider of space hardware and services. The company has a staff of more than 1,250, annual revenues of over $200 million, and facilities in Canada, the United Kingdom, the United States, India and China. COM DEV designs, manufactures and integrates advanced products, subsystems and microsatellites that are sold to major satellite prime contractors, government agencies and satellite operators, for use in communications, space science, remote sensing and defence applications. The company has won contracts to supply its equipment on over 950 spacecraft. COM DEV's majority-owned subsidiary, exactEarth Ltd., provides satellite data services for global maritime surveillance.

This news release may contain certain forward-looking statements that involve risks and uncertainties. Actual results may differ materially from results indicated in any forward-looking statements. The Company cautions that, among other things, in view of the rapid changes in communications markets and technologies, and other risks including the cost and market acceptance of the Company's new products, the level of individual customer procurements and competitive product offerings and pricing, and general economic circumstances, the Company's business prospects may be materially different from forward-looking statements made by the Company.

The triangular logo and the word COM DEV are each registered trademarks and the property of COM DEV Ltd. All rights reserved.

SOURCE Com Dev International Ltd.

For further information: Jeff Codispodi, Director, Investor Relations & Communications, Tel: (519) 622-2300 ext. 2844, jeff.codispodi@comdev.ca

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Com Dev International Ltd.

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