(TSX: SCL.A, SCL.B)
TORONTO, Feb. 28, 2013 /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 28th day of March 2013, to shareholders of record at the close of business
on the 13th day of March 2013.
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, March 1st, 2013, at 10:00 AM EST, which will discuss
the Company's fourth 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