CALGARY, Nov. 9, 2018 /CNW/ - AKITA Drilling Ltd.'s Board of Directors approved the payment of a quarterly dividend to shareholders.
AKITA Drilling Ltd.'s Board of Directors approved an ordinary cash dividend of eight and one half cents ($0.085) per share on the Outstanding Class A Non-Voting and Class B Common shares of the Corporation for payment on January 4, 2019 to shareholders of record at the close of business December 14, 2018. This dividend is an eligible dividend for Canadian Income Tax Purposes.
AKITA is an Alberta corporation engaged in the contract drilling business and is listed on the Toronto Stock Exchange under the symbol AKT.
SOURCE AKITA Drilling Ltd.
For further information: please contact: Mr. Darcy Reynolds, Vice President, Finance and Chief Financial Officer, (403) 292-7979
AKITA Drilling Ltd. is a premier oil and gas drilling contractor with drilling operations throughout Western Canada, New Brunswick, Quebec, Canada’s Northern Territories and the North Slope of Alaska. The Company strives to be the industry leader in customer relations, employee expertise, safety, equipment quality and drilling performance. In addition to conventional drilling, the Company...