(TSX: SCL.A, SCL.B)
TORONTO, Aug. 5 /CNW/ - The Board of Directors today declared a dividend
of seven cents (7.00 cents) per Class A Subordinate Voting Share and six and
three hundred and sixty-four one thousandths cents (6.364 cents) per Class B
Multiple Voting Share payable on the 31st day of August 2009, to shareholders
of record at the close of business on the 17th day of August 2009.
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 6th, at 10:00 AM EDT, which will discuss the
company's second quarter 2009 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: