MONTREAL, March 24, 2015 /CNW Telbec/ - The Board of Directors of
Logistec Corporation (TSX: LGT.A and LGT.B) announced today that it has
declared quarterly dividends of $0.0625 per share on all outstanding
Class A Common Shares and $0.06875 per share on all outstanding Class B
Subordinate Voting Shares.
The dividends will be paid on April 17, 2015 to all Logistec Corporation
shareholders of record at the close of business on April 3, 2015. This
dividend is an eligible dividend for Canada Revenue Agency purposes.
Dividends paid during 2014 totalled $0.97 per Class A Common Share and
$1.067 per Class B Subordinate Voting Share.
Logistec Corporation is based in Montréal (QC) and provides specialized
services to the marine community and industrial companies in the areas
of bulk, break-bulk and container cargo handling in 32 ports in eastern
North America. Logistec also offers marine transportation services
geared primarily to the Arctic coastal trade, short-line rail
transportation services, as well as marine agency services to foreign
shipowners and operators serving the Canadian market. Furthermore, the
Company operates in the environmental sector where it provides services
to industrial, municipal and other governmental customers for the
trenchless structural rehabilitation of underground water mains,
regulated materials management, site remediation, risk assessment, and
The Company has been profitable and has paid regular dividends since
becoming public and payments have grown steadily over the years. A
public company since 1969, Logistec's shares are listed on the Toronto
Stock Exchange under the ticker symbols LGT.A and LGT.B. More
information can be obtained on the Company's website at www.logistec.com.
SOURCE Logistec Corporation
For further information:
Jean-Claude Dugas CPA, CA