CALGARY, Feb. 17, 2012 /CNW/ - Rocky Mountain Dealerships Inc. ("Rocky") (TSX:RME) announced today that its Board of Directors declared a quarterly dividend of $0.045 per common share on Rocky's outstanding common shares. The common share dividend is payable on March 30, 2012, to shareholders of record at the close of business on February 29, 2012.
The dividend is designated by Rocky to be an eligible dividend for the purposes of the Income Tax Act (Canada) and any similar provincial or territorial legislation. An enhanced dividend tax credit applies to eligible dividends paid to Canadian residents.
About Rocky Mountain Dealerships Inc.
Rocky is one of Canada's largest agriculture and construction equipment dealerships with 36 branches throughout Alberta, Saskatchewan and Manitoba. Rocky sells, rents, and leases new and used construction and agriculture equipment and offers product support and finance to its customers.
For further information:
Rocky Mountain Dealerships Inc.
Matt Campbell, Chief Executive Officer; or
Garrett Ganden, Chief Operating Officer
#301, 3345 - 8th Street S.E.
Calgary, Alberta T2G 3A4
Telephone: (403) 265-7364, Fax (403) 214-5644