WINNIPEG, Sept. 17, 2012 /CNW/ - (TSX:NFI) (TSX:NFI.DB.U) New Flyer
Industries Inc. ("New Flyer") today declared a dividend on the common
shares of New Flyer (the "Shares") in the amount of C$0.04875 per
Share, which will be payable on October 15, 2012, to holders of record
at the close of business on September 28, 2012.
The dividends on the Shares are designated as "eligible dividends" for
purposes of the enhanced dividend tax credit rules contained in the Income Tax Act (Canada) and any corresponding provincial and territorial tax
About New Flyer
New Flyer is the leading manufacturer of heavy-duty transit buses in
Canada and the United States. With a skilled workforce of over 2,000
employees, New Flyer is a technology leader, offering the broadest
product line in the industry, including drive systems powered by clean
diesel, LNG, CNG and electric trolley as well as energy-efficient
diesel-electric hybrid vehicles.
All products are supported with an industry-leading, comprehensive parts
and service network.
Further information is available on New Flyer's web site at www.newflyer.com.
The Shares and convertible debentures of New Flyer are traded on the
Toronto Stock Exchange under the symbols NFI and NFI.DB.U,
This press release may contain forward-looking statements relating to
expected future events and financial and operating results of New Flyer
that involve risks and uncertainties. Actual results may differ
materially from management expectations as projected in such
forward-looking statements for a variety of reasons, including market
and general economic conditions, the covenants contained in New Flyer's
senior credit facility and the other risks and uncertainties detailed
in the disclosure documents filed with the Canadian securities
regulatory authorities and available on SEDAR at www.sedar.com. Due to the potential impact of these factors, New Flyer disclaims any
intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise, unless required by applicable law.
SOURCE: NEW FLYER INDUSTRIES CANADA ULC
For further information:
New Flyer Industries Inc.
Glenn Asham, Chief Financial Officer