MONTREAL, Jan. 14 /CNW Telbec/ - Canadian Helicopters Group Inc. (the
"Group") (TSX: CHL.A and CHL.B) announced today that its Board of
Directors has declared monthly dividends of $0.091875 per Common Share
and Variable Voting Shares, payable on each of February 15, 2011, March
15, 2011 and April 15, 2011 to holders of record at the close of
business January 31, 2011, February 28, 2011 and March 31, 2011,
The foregoing dividends are designated as "eligible" dividends for the
purposes of the Income Tax Act (Canada) and any similar provincial legislation.
Canadian Helicopters' Board of Directors reviews the applicable dividend
rates on a quarterly basis. Shareholders are entitled to receive
dividends only when any such dividends are declared by Canadian
Helicopters' Board of Directors, and there is no entitlement to any
dividend prior thereto.
ABOUT CANADIAN HELICOPTERS GROUP INC
Through Canadian Helicopters Limited, Canadian Helicopters Group Inc. is
the largest helicopter transportation services company operating in
Canada and one of the largest in the world based on the size of its
fleet. With over 35 base locations across Canada, Canadian Helicopters
provides helicopter services to a broad range of sectors, including
emergency medical services, infrastructure maintenance, utilities, oil
and gas, mining, forestry and construction. In addition to helicopter
transportation services, Canadian Helicopters operates two flight
schools, provides third party repair and maintenance services in Canada
and provides military support in Afghanistan. With over 60 years of
experience, Canadian Helicopters is an industry leader in establishing
safety standards and operating procedures.
SOURCE CANADIAN HELICOPTERS GROUP INC.
For further information:
Canadian Helicopters Group Inc.
President and Chief Executive Officer