Morneau Shepell Inc. Declares July 2014 Cash Dividend

/NOT FOR DISTRIBUTION TO US NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE US/

TORONTO, July 21, 2014 /CNW/ - (TSX: MSI) Morneau Shepell Inc. ("MSI") announced today a cash dividend of $0.065 per share for the month of July 2014, to be paid on August 15, 2014 to holders of record of shares of MSI on July 31, 2014. 

MSI designates this dividend to be an "eligible dividend" pursuant to subsection 89(14) of the Income Tax Act (Canada) and similar provincial and territorial legislation.

Morneau Shepell Inc.

Morneau Shepell is the largest company in Canada offering human resources consulting and outsourcing services. The Company is the leading provider of Employee and Family Assistance Programs, as well as the largest administrator of retirement and benefits plans. Through health and productivity, administrative, and retirement solutions, Morneau Shepell helps clients reduce costs, increase employee productivity, and improve their competitive position. Established in 1966, Morneau Shepell serves more than 21,000 clients, ranging from small businesses to some of the largest corporations and associations in North America. With approximately 3,500 employees in offices across North America, Morneau Shepell provides services to organizations across Canada, in the United States, and around the globe. Morneau Shepell is a publicly-traded company on the Toronto Stock Exchange (TSX: MSI). For more information, visit morneaushepell.com.

SOURCE: Morneau Shepell - Investor Relations

For further information: Investors: Michele Kumara, 416.383.6463, [e-mail]; Media: Helen Reeves, 416.355.5633, [e-mail]