TORONTO, Dec. 17, 2013 /CNW/ - Canada Bread Company, Limited ("Canada Bread") today announced that its board of directors has declared a special dividend payment of $8.00 per share.
Shareholders of record at the close of business on Monday, December 30, 2013 will be entitled to receive payment of this dividend on Monday, January 6, 2014.
Pursuant to tax legislation enacted in 2007, Canadian resident individuals who receive "eligible dividends" in 2006 and subsequent years will be entitled to a dividend tax credit on this dividend.
Canada Bread is a leading manufacturer and marketer of value-added flour based products, including fresh bread, rolls, bagels and sweet goods, frozen partially baked or par-baked breads and bagels, and specialty pasta and sauces. The Company markets products under a number of leading brand names, including Dempster's®, Olafson's, POM® and Ben's®. The Company is 90% owned by Maple Leaf Foods Inc. and its common shares are listed on the Toronto Stock Exchange under the ticker symbol CBY.
SOURCE: Canada Bread Company, Limited
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