(TSX: SCL.A, SCL.B)
TORONTO, Nov. 8, 2012 /CNW/ - The Board of Directors today declared a dividend of ten cents (10.0 cents) per Class A Subordinate Voting
Share and a quarterly dividend of nine and ninety one, one thousandths
cents (9.091 cents) per Class B Multiple Voting Share payable on the 30th day of November 2012, to shareholders of record at the close of business
on the 19th day of November 2012.
For Canadian resident shareholders, these dividends are designated as
"eligible dividends" for purposes of the enhanced dividend tax credit
rules contained in the Income Tax Act (Canada) and any corresponding
provincial and territorial tax legislation.
ShawCor will be hosting a Shareholder and Analyst Conference Call and
Webcast on Friday, November 9th, at 10:00 AM EST, which will discuss
the company's third quarter 2012 financial results.
Please visit our website at www.shawcor.com for further details.
SOURCE: ShawCor Ltd.
For further information:
Gary S. Love
Vice President, Finance and CFO