(TSX: SCL.A, SCL.B)
TORONTO, Aug. 6 /CNW/ - The Board of Directors today declared a dividend
of six and fifty - one hundredths cents (6.50 cents) per Class A Subordinate
Voting Share and five and ninety - one hundredths cents (5.90 cents) per Class
B Multiple Voting Share payable on the 29th day of August 2008, to
shareholders of record at the close of business on the 15th day of August
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 Thursday, August 7th, 2008 at 10:00 AM ET, which will discuss the
company's second quarter 2008 financial results.
Please visit our website at www.shawcor.com for further details.
For further information:
For further information: Gary S. Love, Vice President, Finance and CFO,
Telephone: (416) 744-5818, e-mail: firstname.lastname@example.org, website: