MISSISSAUGA, ON, March 8, 2013 /CNW/ - The Board of Cargojet Inc. has
announced a cash dividend of $0.1491 per share and a special one-time
cash dividend of $0.0520 per share for the period from January 1, 2013
to March 31, 2013. The dividends will be paid to all shareholders of
record as at the close of business on March 20, 2013 and will be
payable on or before April 5, 2013. Due to the tax position of certain
subsidiaries of Cargojet Inc., the entire dividends will be ineligible
dividends within the meaning of the Income Tax Act (Canada). Future
dividend payments are expected to be eligible dividends.
Cargojet is Canada's leading provider of time sensitive overnight air
cargo services and operates a network across North America as well as
global air charters.
Notice on Forward Looking Statements:
Certain statements contained herein constitute "forward-looking
statements". Forward-looking statements look into the future and
provide an opinion as to the effect of certain events and trends on the
business. Forward-looking statements may include words such as
"plans," "intends," "anticipates," "should," "estimates," "expects,"
"believes," "indicates," "targeting," "suggests" and similar
expressions. These forward-looking statements are based on current
expectations and entail various risks and uncertainties. Reference
should be made to the issuer's most recent Annual Information Form
filed with the Canadian securities regulators, and its most recent
Annual Consolidated Financial Statements and Quarterly Financial
Statements and Notes thereto and related Management's Discussion and
Analysis (MD&A), for a summary of major risks. Actual results may
materially differ from expectations, if known and unknown risks or
uncertainties affect our business, or if our estimates or assumptions
prove inaccurate. The issuer assumes no obligation to update or revise
any forward-looking statement, whether as a result of new information,
future events or any other reason, other than as required by applicable
securities laws. In the event the issuer does update any
forward-looking statement, no inference should be made that the issuer
will make additional updates with respect to that statement, related
matters, or any other forward-looking statement.
SOURCE: Cargojet Inc.
For further information:
Vice President Marketing, Public & Government Relations
Tel: (905) 501-7373